BNB and BTC Analysis and Predictions Wednesday 27 April 2022

crypto investment risks - BNB and BTC analysis - BTC analysis

This time we will review crypto asset analysis BNB/USDT and BTC/USDT today, Wednesday 27 April 2022.

This analysis from VCGamers is to predict the possibility of bearish and bullish of the two crypto assets.

So, here we present the results of VCGamers's analysis of BNB and BTC today.

BNB/USDT analysis

BNB analysis Wednesday 27 April 2022
BNB analysis Wednesday 27 April 2022

Market conditions this afternoon are predicted to form a Bullish Pattern Double Bootom (seen from the two red circles below the chart) which is supported by the close Hammer candle. So, the market is predicted to rise to resistance $396,- / $404,-,

However, it should be noted that the market must survive or be able to surpass this resistance. If the resistance cannot stay, the market will fullback to support $383,- / $367,-.

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BTC/USDT analysis

BTC analysis Wednesday April 27, 2022
BTC analysis Wednesday April 27, 2022.

VCGamers also analyzes the movement of BTC/USDT.

Based on analysis, today's BTC/USDT is up around 7.3% at a price of $41.673,- which is supported by the Cadle Bullish Hammer and the Double Bottom Pattern which is predicted to rise to resistance at the price of $42.785,-.

It should be noted that investing in crypto is a risky thing.

We have to learn things related to the crypto assets we choose to invest.

Always do your own research (DYOR) to find out the fundamentals of a crypto asset.

Thus, all decisions are based on research.

Crypto article by PINTU


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