BNB and BTC analysis Monday July 11 2022. This analysis is to find out the potential movement of the two crypto assets, Binance Coin (BNB) and Bitcoin (BTC).
In addition, this analysis is also to predict the potential of these two assets.
Let's look at the results of the analysis BNB/USDT and BTC/USDT today!
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BNB/USDT analysis
Based on VCGamers' analysis on the BNB/USDT market conditions, the Feed Close Candle then forms a Bullish Engulfing Candle.
Where, the last candle last week showed a bigger close than before.
It is predicted that this week the market will still show an increase.
Buyers might still survive so that the market continues to rise to resistance at prices $261,- / $310,-.
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BTC/USDT analysis
Furthermore, VCGamers also conducted BTC/USDT analysis today.
Based on monitoring, current market conditions show a Close Candle on the weekly Time Frame. Then, forming an Inverted Hammer Candle.
There are two possibilities that are predicted to occur. First, when the market crosses the resistance line at the price of $22.481, - then the market is predicted. will be Bullish and secondly if the market passes Support at the price of $19.970, - then the market will be Bearish (Hevening Star).
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These are the results of VCGamers' analysis regarding the movement of BNB and BTC crypto assets this week.
Keep doing in-depth research to find out how fundamental the crypto asset you choose is.
We also need to know all the advantages and risks of crypto investment.
The reason is, crypto investment is a high-risk activity.