BNB leads BTC. BNB to $50, BTC to $10k

hi there, dear fellows.
with all the subjectivity that channel drawing has, we've identified a downward channel in BNB.
it anchors in the top candle on Nov 8th, and bases itself on the bottom of the 2 legs down that followed it.
that showed us we've just tested its top last week, and now we're moving down to its bottom, most likely at $50 on late October.

BNB has usually lead the moves BTC did, thus applying the same rules to BTC we've get the following,
  • we've just tested the mid-channel
  • we're moving on to test the bottom
  • we're likely to reach it on late September in the range 9k, 10k.


thank you.
best regards.
Bearish PatternsBNBBTCChart PatternsTrend Analysis

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