P_S_trade

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

BINANCE:BNBUSDT   Binance Coin / TetherUS
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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