Hello
It's a Bitcoin Guide.
My analysis is optimized for TradingView.
If you press the Replay button, you can check real-time movements.
This is the Bitcoin 30-minute chart.
*Two-way Neutral Strategy around the time the purple finger touches Zone 1 at the top
1) After confirming the touch of Zone 1,
63,272.1 USD is the entry point for a long position / Stop loss if the green support line is broken.
2) 64,368.1 USD is the 1st target for a long position -> Top is the 2nd target price.
63.9K is the zone to utilize for re-entering the long position.
3) If the price drops immediately without touching Zone 1 at the top,
The Bottom zone at the bottom is the final waiting zone for a long position / Stop loss if the light blue support line is broken.
From the point where the light blue support line is broken, the path is open up to Zone 2.
Please use my analysis post only as a reference and for practical application.
I hope you operate safely by strictly adhering to trading principles and using stop loss settings as a necessity.
Thank you.
It's a Bitcoin Guide.
My analysis is optimized for TradingView.
If you press the Replay button, you can check real-time movements.
This is the Bitcoin 30-minute chart.
*Two-way Neutral Strategy around the time the purple finger touches Zone 1 at the top
1) After confirming the touch of Zone 1,
63,272.1 USD is the entry point for a long position / Stop loss if the green support line is broken.
2) 64,368.1 USD is the 1st target for a long position -> Top is the 2nd target price.
63.9K is the zone to utilize for re-entering the long position.
3) If the price drops immediately without touching Zone 1 at the top,
The Bottom zone at the bottom is the final waiting zone for a long position / Stop loss if the light blue support line is broken.
From the point where the light blue support line is broken, the path is open up to Zone 2.
Please use my analysis post only as a reference and for practical application.
I hope you operate safely by strictly adhering to trading principles and using stop loss settings as a necessity.
Thank you.
Order cancelled
Hello.This is the Bitcoin Guide.
Let's check the movements since the analysis post was written on August 4th.
This is the Bitcoin 30-minute chart.
I have marked the key zones with black fingers.
*In the light blue finger bidirectional neutral strategy,
after the purple finger touched point 1,
it did not drop to the bottom entry zone of $63,272.1 for the long position,
but instead touched the target price of $64,368.1 at the top and closed.
It was an upward-trending sideways market.
Since there was no touch of the entry point, the strategy was canceled.
A new daily candle has formed, and after touching the long position re-entry zone of $63,957.3, it is currently consolidating.
Regarding the mid-term pattern I mentioned last time,
the Nasdaq continues its rise,
and Gold is also rising. Bitcoin appears to lack momentum.
It's a shame, because if it just breaks through the current level, it could rise strongly.
I'll take a look at the overall picture.
Thank you.
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*Telegram
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
[Bitcoin Guide Affiliate]
*Bybit 20%DC Lifetime + $30,100
partner.bybit.com/b/Bitcoin_Guide
*BingX 50%DC + $14,100
bit.ly/3E8ZkAW
*ZeroMarket ECN 40%DC
bit.ly/3pY0dUv
*Telegram
t.me/bitcoinguide_TM
*Bybit 20%DC Lifetime + $30,100
partner.bybit.com/b/Bitcoin_Guide
*BingX 50%DC + $14,100
bit.ly/3E8ZkAW
*ZeroMarket ECN 40%DC
bit.ly/3pY0dUv
*Telegram
t.me/bitcoinguide_TM
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.