Volatility period: around June 13 (June 12-14)

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I think BNB is a coin that can be invested in the long term, like BTC and ETH.

This is because many people around the world are using it.

The exchange may close at any moment, but I think the probability of that happening is quite low, so I think it is suitable for long-term investment.

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(BNBUSDT 1M chart)
syot kilat
Since the trading volume seems to have decreased significantly due to the large increase in the price, I think it is not surprising that volatility can occur at any time.

For now, the key is whether it can maintain the price by rising above 702.30.

The important support and resistance range is the 533.90-587.58 range.

Therefore, even if it falls, it is necessary to check whether it is supported near the important support and resistance range.

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(1W chart)
syot kilat
In order to escape the mid-term downtrend line, the key is whether it can receive support near 661.74 and rise above 702.30.

If not, and it falls, there is a possibility that it will fall to around 58758-595.0.

Accordingly, the important volatility period is expected to be around the week of July 21.

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(1D chart)
syot kilat
The key is whether it can maintain the price above 675.54 by following the short-term uptrend.

To do so, we need to see whether the price maintains above 661.74 after passing the volatility period around June 13 (June 12-14).

If it falls, it is expected to determine the trend again when it meets the M-Signal indicator on the 1W chart.

At this time, if it shows support around 583.54-595.0, I think it is a time to buy.

However, since the important section is the 533.90-587.58 section, if a strong decline occurs, it seems likely to touch the important section.

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I think it has risen a lot to make a long-term investment.

Therefore, I think it is better to make a short-term investment and increase the number of coins (tokens) corresponding to the profit for now.

The method of increasing the number of coins (tokens) corresponding to the profit is to sell the purchase principal (+including transaction fees) when the price rises by purchase price.

In that case, the cash profit will be almost non-existent or small, but I think it is advantageous from a long-term investment perspective because the number of coins (tokens) increases.

The coins (tokens) created this way have an average purchase price of 0, so it will reduce the psychological burden of buying when the price falls.

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Thank you for reading to the end.
I hope you have a successful transaction.

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- ​​This is an explanation of the big picture.

(3-year bull market, 1-year bear market pattern)
3-year bull market, 1-year bear market pattern


I will explain more details when the bear market starts.

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Penafian

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