Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BNBUSDT
According to our last analysis on August 21, we expected a falling trend and now you observe that the decline has happened during its next days. In this chart, there is R3 and R1 as our resistance areas that express the price was not able to rise. R2 used to be a support line. S2 used to be a resistance area. And S1 and S3 are the support areas which include the support of the price since the past. At the moment, we have the fluctuation of price at R1 and we expect two scenarios for the price. Either the price will rise by giving us some confirmation candles and an increase will happen to R2. Or it is possible that the price loses the price and a decline is expected toward S2 or more according to its past trend.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BNBUSDT
According to our last analysis on August 21, we expected a falling trend and now you observe that the decline has happened during its next days. In this chart, there is R3 and R1 as our resistance areas that express the price was not able to rise. R2 used to be a support line. S2 used to be a resistance area. And S1 and S3 are the support areas which include the support of the price since the past. At the moment, we have the fluctuation of price at R1 and we expect two scenarios for the price. Either the price will rise by giving us some confirmation candles and an increase will happen to R2. Or it is possible that the price loses the price and a decline is expected toward S2 or more according to its past trend.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
