BTCUSD Perpetual Contract
Long
Aggiornato

JULY 24 Bitcoin chart analysis

288
Hello
It's a Bitcoin Guide.

My analysis is optimized for TradingView.
If you press the Replay button, you can check real-time movements.


istantanea


This is the Bitcoin 30-minute chart.

On the left, I have connected the strategy exactly as it was at $64,854.8, the entry point for the long position I entered yesterday (indicated by the purple finger).

*Long Position Strategy based on the movement path of the red finger

1) $64,795.8 Long Position Entry Point / Stop Loss if broken below the purple support line

2) $65,562.5 Long Position 1st Target -> Top 2nd Target

For those currently holding a long position at $64.8K, I suggest maintaining the same stop loss price if the purple support line is broken.

From the point where the purple support line is broken, the target is open from the Bottom -> up to the first zone.

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 prices as a prerequisite.

Thank you for your hard work this week.

Thank you.
Trade chiuso: stop raggiunto
Hello.
This is the Bitcoin Guide.

Let's check the movements since the analysis post was written on July 24th.

istantanea

This is the Bitcoin 30-minute chart.
I have marked the key zones with a black finger.
In the red finger long position strategy,
after entering a long position at $64,795.8,

I executed a stop-loss when it broke below the purple support line.

I took a quick bet, but as expected, it fell sharply after breaking below the lower wick zone of the daily candle.

It closed after touching the Bottom -> Zone 1 marked at the bottom.
It consolidated over the weekend without breaking the sky-blue support line,

then broke through the pink resistance line -> a new weekly candle was formed, and it reached the first target price of $65,562.5.

In the case of the Nasdaq, a gap formed at the bottom last week just ahead of the recovery of the mid-term pattern.

It seems likely that a direction will finally emerge after this week, but I will analyze the situation comprehensively.

Thank you.

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