BNBUSDT

โดย MarsSignals
Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a 4-hour-time frame analysis for BNBUSDT

Here we have R1 which used to be a support line and the support of the price at some points is obvious. Then we had a failure in break and the price could rise again and at its final decline, it touched S2 which is another support line. Even there are S1 and S3 as our other support areas. At the moment, we have the fluctuation of price below R1 and the existence of shadows at this area means the high numbers of sellers comparing to the buyers. Thus we expect the price to have a decline to S1 or even more. But if the price is able to rise to R1, then we can consider a long position for it and subsequently, more increase would be expected.

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
binanceBNBUSDTChart PatternsTrend Analysisusdt
MarsSignals

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