BNB 12h. Down to $130 or up to $400?

12 Mac 2021

It's time to update the BNB idea, as the previous idea fully worked out the upper goal.

Now the price is at the top of the channel that was drawn a week ago.

It looks like the future movement in the BNBUSDT pair will directly depend on the price movement in the BTCUSD pair.
If BTC goes to update the maximum, as we assumed in our idea

Then BNBUSD will be able to gain a foothold above the $300-335 zone, and from there the path may open for another upward impulse to $400
However, if the price of BNBUSDT fails to gain a foothold in this zone, then we can expect a -50% fall to the area of ​​$130-140
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