Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BNBUSDT
As we analyzed on July 17, we expected a rising trend and clearly you see the rise after that date and one of our targets is hit. In the present chart, you see R1 as the resistance line that expresses the unsuccessful triumphs of the price to rise. And we have S1, S2, and S3 as our support areas which all contain the support of the price at several points. At the moment, we have the price fluctuating below R1 and we predict it will fall to S1 and then rise upward and over R1 and if it is able to fix itself above $269, then more rise is waiting for it. In case it moves below S1 and reach S2 area and then it may rise again.
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 July 17, we expected a rising trend and clearly you see the rise after that date and one of our targets is hit. In the present chart, you see R1 as the resistance line that expresses the unsuccessful triumphs of the price to rise. And we have S1, S2, and S3 as our support areas which all contain the support of the price at several points. At the moment, we have the price fluctuating below R1 and we predict it will fall to S1 and then rise upward and over R1 and if it is able to fix itself above $269, then more rise is waiting for it. In case it moves below S1 and reach S2 area and then it may rise again.
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
