BNB and BTC analysis Wednesday 4 May 2022

VCGamers analyzes the movement of BNB/USDT crypto assets and BTC/USDT today, Wednesday 4 May 2022.

This analysis is carried out in order to predict the movement of BNB/USDT and BTC/USDT.

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BNB/USDT analysis

Based on VCGamers' analysis of the movement of the BNB crypto asset, today's market conditions have formed a Symmetrical Triangle Pattern.

Where, the nature of this pattern has two directions of market movement, namely it can go up or down depending on the market fundamentals.

Currently, if you look at the close candle at 11.00 on TF-4H, the market will still rise towards resistance $388,- to $396,-

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Market conditions this afternoon have formed a Bullish Falling Wedge Pattern which is supported by a Bullish Angeling Close Candle.

Where, the market will rise or be bullish towards resistance $40.204,- or $41.850,-

These are the results of VCGamers' analysis regarding the movement of the two crypto assets.

Investing in crypto is a risky thing. So, make sure that everything you do in investing is a personal decision.

In addition, always do research before investing or Do Your Own Research (DYOR).

Make sure you know the fundamentals of the assets you choose to invest in.

So, you can make a choice whether to invest or not to invest.