VCGamers performs BTC analysis and bnb today, Friday 29 July 2022.
This is done by paying attention to the candlesticks of the two crypto assets.
Apart from that, VCGamers also provides BTC predictions based on the movement of the analysis results.
Let's see the full review!
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BTC/USDT Analysis and Predictions
Based on the results of VCGamers analysis, it is predicted that buyers will not be strong enough to fight sellers if there is a correction in the BTC market within the 1 hour time frame.
In other words, sellers will push buyers with a zigzag downward chart because this movement can indicate a buyer momentum that we can take steps to make LONG/BUY transactions in the support area at the price of $23.391,- / $23.198,- / $22.924,-.
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BNB/USDT Analysis and Predictions
Likewise with the movement of crypto assets BNB / USDT. It is predicted that if there is a correction in the BNB/USDT market at a 1-hour time farm, it is predicted that buyers will not increase again.
Thus, sellers push buyers with a downward Zigzag downward chart because this movement can indicate a Buyer Momentum that we can take steps to make transactions
LONG / BUY in the price support area $275,- / $273,- / $266,-.
If the confirmation of the market decline at Tf-1H is not in the form of a zigzag chart, there is an immediate decrease of 1/2 long candle sticks, then the market is predicted to fall deeper and this strategy cannot be implemented.
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Always do in-depth research before deciding to invest in crypto. Even though it has great profit potential, crypto investment also have a high risk.
In the crypto world, there is the term DYOR or an acronym for Do Your Own Research (DYOR). Do this in order to minimize the potential losses that arise in investing.