Hello and welcome to our analysis,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for BNBUSDT
In the present chart, R3, R2, and R1 are the resistance areas to mention and all express the unsuccessful attempts of price in order to rise. S1 is a 4-hour support line. And finally at the bottom, S2 is a long-term support area in which the support of price at various points is clearly seen. We can observe that the price was supported well at S2 area for several times and could rise toward R3 but at its last time to rise more, it was rejected and faced a noticeable decline down to our long-term support area. Then by having a recovery mode, the price was capable of fluctuating and supporting at S1 and at the moment we have it moving below R1. Hence, it is fluctuating at the mentioned point and we believe the price to have another decline to S1 and then by receiving more support there, more increase is waiting for it up to R1 or even R2. These are the good points for having your profits saved but wait for the price to break each of them upward and after retesting the market situation and the trend of the price, you can make sure of saving your profits. Bear in mind that by the time the price loses the support at S1 and moves below this area, it faces more decline certainly toward S2. Our suggestion is less decline when the price is moving and fluctuating over S1 line. Please be cautious about various points and details and remember that for enjoying less risky trades. You can obtain every piece of information and details through our analyses and updates. So keep moving with us.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for BNBUSDT
In the present chart, R3, R2, and R1 are the resistance areas to mention and all express the unsuccessful attempts of price in order to rise. S1 is a 4-hour support line. And finally at the bottom, S2 is a long-term support area in which the support of price at various points is clearly seen. We can observe that the price was supported well at S2 area for several times and could rise toward R3 but at its last time to rise more, it was rejected and faced a noticeable decline down to our long-term support area. Then by having a recovery mode, the price was capable of fluctuating and supporting at S1 and at the moment we have it moving below R1. Hence, it is fluctuating at the mentioned point and we believe the price to have another decline to S1 and then by receiving more support there, more increase is waiting for it up to R1 or even R2. These are the good points for having your profits saved but wait for the price to break each of them upward and after retesting the market situation and the trend of the price, you can make sure of saving your profits. Bear in mind that by the time the price loses the support at S1 and moves below this area, it faces more decline certainly toward S2. Our suggestion is less decline when the price is moving and fluctuating over S1 line. Please be cautious about various points and details and remember that for enjoying less risky trades. You can obtain every piece of information and details through our analyses and updates. So keep moving with us.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
