Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for BNBUSDT
As we analyzed on October 16, we expected a falling trend to happen and currently our prediction came true. Here we have R3, R2, and R1 as the resistance areas that all express the price was not able to rise. S2 used to be another resistance area and S1 is a support line with its well support of price at different points. At the present, we have the price fluctuating below R1 and we believe it will continue its rise toward the mentioned area and there we will have two scenarios. Either we receive some rising signs and the price will rise up to R2. Or the price would lose the support at R1 and faces a decline toward S1. Please activate your stop-loss points due to the unstable situation of market.
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
As we analyzed on October 16, we expected a falling trend to happen and currently our prediction came true. Here we have R3, R2, and R1 as the resistance areas that all express the price was not able to rise. S2 used to be another resistance area and S1 is a support line with its well support of price at different points. At the present, we have the price fluctuating below R1 and we believe it will continue its rise toward the mentioned area and there we will have two scenarios. Either we receive some rising signs and the price will rise up to R2. Or the price would lose the support at R1 and faces a decline toward S1. Please activate your stop-loss points due to the unstable situation of market.
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
