BNB/USDT analysis and BTC/USDT as of today, Thursday 7th July 2022.
Of course, you want to know what the results of the analysis of the two crypto assets are like.
This time, let's look at the results of today's BNB and BTC analysis.
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BNB analysis
Market conditions this afternoon, sellers are trying to suppress buyers where buyers are trying to hold on and then push
market to resistance at the price of $239,-.
If that happens, the bearish rising wedge pattern will be Fake or Failed.
After that, the market is predicted to turn bullish and continue its rise to resistance at $245,-.
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BTC analysis
This afternoon's market seller conditions have encouraged the movement of buyers supported by the Bearish Flag Channel.
Where did the buyers come from below trying to push up the resistance at $20.751, - but were tickled / dropped at that resistance. It is possible that the seller will go below the support at the price of $19.848,- / $19.362,-
If the Buyers try to make a bullish reversal, then the market is predicted to head towards resistance at the price of $20.473,- / $20.751,- / $21.121,-.
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Of course, the results of this analysis and prediction should not be used as a reference when you want to invest crypto assets.
However, you still have to do your own research (DYOR) before investing in crypto assets.
So that you can find out all the benefits and risks and how to minimize them.