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.
On the left, I have maintained the strategy exactly as it was at the entry point of the long position entered on May 21st (marked by the purple finger) at $76,990.5.
*This is a two-way neutral strategy before and after touching the first zone marked by the light blue finger at the top.
1) After confirming the touch of the light blue finger at zone 1, the entry point for the long position is at $76,784.8 at the bottom / Stop loss price if the light blue support line is broken.
2) 1st target for the long position at $78,340.3 -> Target prices over the weekend in the order of Top, Gap 10, and Good.
Please be cautious, as an uptrend could immediately follow the touch of zone 1 at the top.
If the price drops immediately without touching Zone 1:
Wait for a long position at Zone 2 at the bottom / Stop loss if the light blue support line is broken.
- If the price breaks the light blue support line,
I think it would be good to set the stop loss at 76.9K, the same entry point as the long position entered yesterday.
Since the price is open to the Bottom from the breakout of Zone 2,
those currently holding long positions need to be careful.
Also, next Monday, the 25th, is a public holiday.
I will see you on Tuesday, the 26th.
Please use my analysis post merely as a reference and for practical application.
I hope you operate safely by strictly adhering to trading principles and using stop loss measures.
Thank you for your hard work this week.
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.
On the left, I have maintained the strategy exactly as it was at the entry point of the long position entered on May 21st (marked by the purple finger) at $76,990.5.
*This is a two-way neutral strategy before and after touching the first zone marked by the light blue finger at the top.
1) After confirming the touch of the light blue finger at zone 1, the entry point for the long position is at $76,784.8 at the bottom / Stop loss price if the light blue support line is broken.
2) 1st target for the long position at $78,340.3 -> Target prices over the weekend in the order of Top, Gap 10, and Good.
Please be cautious, as an uptrend could immediately follow the touch of zone 1 at the top.
If the price drops immediately without touching Zone 1:
Wait for a long position at Zone 2 at the bottom / Stop loss if the light blue support line is broken.
- If the price breaks the light blue support line,
I think it would be good to set the stop loss at 76.9K, the same entry point as the long position entered yesterday.
Since the price is open to the Bottom from the breakout of Zone 2,
those currently holding long positions need to be careful.
Also, next Monday, the 25th, is a public holiday.
I will see you on Tuesday, the 26th.
Please use my analysis post merely as a reference and for practical application.
I hope you operate safely by strictly adhering to trading principles and using stop loss measures.
Thank you for your hard work this week.
Thank you.
Trade closed: stop reached
Hello.This is the Bitcoin Guide.
Let's check the movements since the analysis post was written on May 22nd.
This is the Bitcoin 30-minute chart.
I have marked the key zones with black fingers.
On the left, I have connected the strategy directly to the entry point of the long position entered on May 20th, 76.9K.
*Before and after touching Zone 1 (the light blue finger at the top), the long position strategy did not touch Zone 1.
Therefore, I waited for a long position at Zone 2.
After entering the long position at $76,305.1 (Zone 2), the strategy was executed as a "stop-loss" upon breaking the light blue support line.
It has reached the Bollinger Band daily support and the weekly centerline, where the medium-term pattern is being restored. After closing at the bottom, the price dropped to 74.2K over the weekend and is currently rebounding.
Also, please note that a Gap 11 zone has formed at the bottom due to last week's movement.
I will continue with today's strategy shortly.
Thank you.
[Bitcoin Guide Affiliate]
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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.
[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.