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, indicated by the purple finger, I have connected the strategy exactly to the entry point of the long position I entered yesterday, 75.8K (Gap 11).
Currently, a MACD Dead Cross is in progress on the 12-hour chart.
*The red finger long position strategy before and after the touch of the blue finger at the top:
1) After confirming the touch of the blue finger's 1 zone,
the red finger's long position entry point at $75,672.9 at the bottom / Stop loss if the green support line is broken.
2) $76,801.6 long position 1st target -> Top zone 2nd target price.
Although unlikely, please note that if the price rises to 76.8K in one go from the current position,
it may not come back down to the long position entry point.
3) If the price drops immediately without touching Zone 1 at the top:
Zone 2 at the bottom (75.3K) is the entry point for a long position / Stop loss if the green support line is broken.
For those maintaining a long position at 75.8K (indicated by the purple finger),
I suggest you try operating with the same stop loss setting.
From the point where the green support line is broken, the price is open up to the Bottom -> Zone 3 at the bottom, so please exercise caution.
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 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.
On the left, indicated by the purple finger, I have connected the strategy exactly to the entry point of the long position I entered yesterday, 75.8K (Gap 11).
Currently, a MACD Dead Cross is in progress on the 12-hour chart.
*The red finger long position strategy before and after the touch of the blue finger at the top:
1) After confirming the touch of the blue finger's 1 zone,
the red finger's long position entry point at $75,672.9 at the bottom / Stop loss if the green support line is broken.
2) $76,801.6 long position 1st target -> Top zone 2nd target price.
Although unlikely, please note that if the price rises to 76.8K in one go from the current position,
it may not come back down to the long position entry point.
3) If the price drops immediately without touching Zone 1 at the top:
Zone 2 at the bottom (75.3K) is the entry point for a long position / Stop loss if the green support line is broken.
For those maintaining a long position at 75.8K (indicated by the purple finger),
I suggest you try operating with the same stop loss setting.
From the point where the green support line is broken, the price is open up to the Bottom -> Zone 3 at the bottom, so please exercise caution.
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 settings as a necessity.
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 27th.
This is the Bitcoin 30-minute chart.
I have marked the key zones with black fingers.
In the red finger long position strategy,
since there was no touch on zone 1 (blue finger) at the top,
after entering a long position at zone 2 (75.3K) at the bottom,
the green support line was broken and the price fell.
The strategy was executed as a stop loss.
The price closed at the bottom zone.
Since the new daily candle was formed today, the decline is currently underway from zone 3 at the very bottom to 73.1K.
The reasons for the decline appear to be coupling with the Nasdaq decline, and, based on the Bitcoin mid-term pattern I explained earlier, a wave for an uptrend seems to be in progress.
I will review the details thoroughly and share them with you.
Thank you.
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*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.