Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BNBUSDT
As we analyzed on September 28, we expected a rising trend to happen and at the moment, this prediction has happened. Here we have R3, R1, and R2 as the resistance areas that all include the unsuccessful attempts of price to rise and S1 an S2 are our support areas which both represent the support of price at some points. Hence, we have the price fluctuating over R1 and we believe it will fall to this line and at this point, we should wait for some rising signs in order to activate the long position in our chart. By this credit, an increase is waiting for the price up to R2. In case the price loses the support at R1, a falling trend to S2 will happen.
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 4-hour-time frame analysis for BNBUSDT
As we analyzed on September 28, we expected a rising trend to happen and at the moment, this prediction has happened. Here we have R3, R1, and R2 as the resistance areas that all include the unsuccessful attempts of price to rise and S1 an S2 are our support areas which both represent the support of price at some points. Hence, we have the price fluctuating over R1 and we believe it will fall to this line and at this point, we should wait for some rising signs in order to activate the long position in our chart. By this credit, an increase is waiting for the price up to R2. In case the price loses the support at R1, a falling trend to S2 will happen.
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
