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.
There are many turning points today, so please pay close attention.
*Long Position Strategy based on the movement path of the red finger
1) Entry point for a long position at $62,134 / Stop loss if the green support line is broken
2) Target price for a long position at $63,940.4 -> Utilization zone for re-entering a long position at $63.3K
- If it rises immediately from the current position without breaking the purple support line, there is a low probability of a vertical rise.
- If it breaks the green support line, you must be careful as the bottom is open up to zone 1.
Since all the important warning signals from last week have disappeared, I have tried operating aggressively.
Please use my analysis post merely as a reference and for practical application.
I hope you operate safely by adhering to trading principles and strictly using stop loss measures.
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.
There are many turning points today, so please pay close attention.
*Long Position Strategy based on the movement path of the red finger
1) Entry point for a long position at $62,134 / Stop loss if the green support line is broken
2) Target price for a long position at $63,940.4 -> Utilization zone for re-entering a long position at $63.3K
- If it rises immediately from the current position without breaking the purple support line, there is a low probability of a vertical rise.
- If it breaks the green support line, you must be careful as the bottom is open up to zone 1.
Since all the important warning signals from last week have disappeared, I have tried operating aggressively.
Please use my analysis post merely as a reference and for practical application.
I hope you operate safely by adhering to trading principles and strictly using stop loss measures.
Thank you.
Trade closed: stop reached
Hello.This is Bitcoin Guide.
Let's check the movements since the analysis post was written on June 24th.
This is the Bitcoin 30-minute chart.
I have marked the key zones with black fingers.
Regarding the movement path of the red fingers, in the long position strategy,
after entering a long position at $62,134,
the green line was broken,
and the strategy executed a stop-loss.
After touching the Bottom -> Zone 1 marked at the bottom,
a rebound of about $1,700 is currently underway.
Yesterday, it touched the center line of the 2-hour Bollinger Bands and
was in a short-term rise; although it was not a point where a significant drop was expected, it fell sharply.
Recently, the movement has been very messy.
With only one last support line remaining in the bottom zone, it seems important to see what kind of movement will occur.
If the price rises immediately from its current position, the uptrend can climb most rapidly. However, if it hits a bottom, sideways movement or a decline may occur for several additional months.
Therefore, I strongly recommend that you strictly adhere to trading principles by setting a stop-loss price at all times.
I will see you in the analysis post shortly.
Thank you.
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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.
[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.