BNB 12h We took the $400 mark, where should the price move next?

7 Nis 2021

Since the goal of our previous idea in the BNBUSDT pair has fully worked out, it's time to take a global look at the chart and update the goals.
But first, still appreciate the development of our previous idea with dignity)

So, the goal of $400 (maximum $414) is taken, that is, who followed our idea was able to fix +75-80% profit, keeping part of the deposit in highly liquid BNB

As you can see from the chart, the BNBUSDT price skillfully moved upward in a channel, reaching its maximum value.
To continue moving further, the channel formation needs a correction.

The critical level of support maybe $300

With a favorable market, from this value, a possible recovery of the growth of the BNBUSD price to $385 to begin with.
If the cryptocurrency market completely goes into the stage of global correction, then the price of BNBUSDT may drop even lower into the liquid zone of $215-230

We don't want to scare anyone, we just write what we see on the chart and trade in parallel with the market trend.
Everyone knows the trading saying: "Trend is My Friend"?)
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)