BNB and BTC analysis Wednesday 29 June 2022

VCGamers is back to do the analysis bnb and BTC today, Wednesday 29 June 2022.

This technical analysis is carried out by observing the movement of the candle sticks of the two crypto assets over the past few years.

Some time ago, the two crypto assets namely Binance Coin (BNB) and Bitcoin (BTC) had experienced an increase.

VCGamers had predicted that the two crypto assets would decline yesterday based on the analysis carried out.

So, what are the prediction results for the movement of the two crypto assets today?

Let's see more!

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BNB/USDT analysis

Based on VCGamers analysis, today's market conditions have formed a Bearish Rising Wedge pattern, in which the market has fallen as predicted.

Currently still in the big pattern, namely Descending Broadening Wedge which is likely to go up to the nearest resistance at price $229,- / $232.

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BTC/USDT analysis

Apart from BNB or Binance Coin, VCGamers also analyzes the movement of BTC or Bitcoin.

This afternoon, the market is still in the Descending Channel. Even today the market has been rejected at support at a price of $20.086,-.

Currently, the market is predicted to rebound up to resistance at the price of $20.323,- / $20.426,- / $20.655,-.

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You have to keep doing research besides knowing the results of the analysis and predictions from VCGamers.

Always do independent research before deciding on a step to invest in crypto assets.

Crypto investment has potential advantages and risks like any other investment model. So, in-depth research is something that must be done.

Learn the fundamentals of the chosen crypto project to invest in. Like, what projects do you have, how is the roadmap and who are the people behind the project.

Currently there are a number of Decentralized Exchanges (DEX) and Centralized Exchanges (CEX) that allow the public to invest.

You can choose to use DEX or CEX.