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BTCUSD Perpetual Contract
Long
Updated

July 22 Bitcoin Bybit chart analysis

107
Hello
It's a Bitcoin Guide.

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snapshot


This is Bitcoin's 30-minute chart.

Nasdaq indicators will be released at 9:30 in a little while.

Although Bitcoin's mid-term pattern is broken,
it looks like a strong upward trend based on signals and candlestick positions.

In the case of Nasdaq, the 6-hour and 12-hour charts MACD dead cross is in progress,
and even if there is no plunge and only a sideways movement,
it seems likely that today's strategy will be successful.

In the bottom left, from the analysis article on the 18th,
the final long position entry point of $116,465.4 Bottom
is connected as is.

*Red finger movement path
One-way long position strategy

1. $118,461.9 long position entry section / green support line breakout, stop loss price

2. $120,338 long position 1st target -> Good, Great in order of target price

See the 1st section at the top as a touch section for an upward wave rather than a short position entry,
and if this section breaks through right away, an upward trend can be connected.

If the purple parallel line support line is maintained without breaking away,
there is a possibility of a vertical rise.

If the top section is touched,
after the first liquidation,
it would be good to use the 1st section to re-enter a long position.

The 2nd section at the bottom is important,
and if it is pushed to this section according to the movement of Nasdaq today,
it can fall strongly.

Please check the real-time support line shape.

From the breakout, Bottom -> 3 sections are open.

If you touch the 3rd section after tomorrow, the mid-term pattern will be restored.

This is the 12+ day section.

Up to this point, I ask that you simply use my analysis for reference and use only.

I hope that you will operate safely with the principle of trading and stop loss.

Thank you.
Trade closed: target reached
Hello
This is Bitcoin Guide.

I will check the movement after writing the analysis article on July 22.

snapshot

This is Bitcoin 30-minute chart.
I marked the main sections with black fingers.

At the bottom left, in the analysis article on the 18th,

connected the long position entry section 116,465.4$ strategy

and the red finger long position strategy.

I will organize it in order.

116,465.4$ long entry -> 1st purple finger at the top 119,412.2$ autonomous short
->118,461$ -> 2nd section 117,765.7$ long position entry

Without breaking the green support line stop loss price

reached the top section target price of 120,338$.

Up to this point, the strategy is perfect. I have processed it.

After that, it was pushed down in the long re-entry of the first section
and is breaking away from the green support line.

It is unfortunate that the last trend

has failed to renew.

I hope you trade on principle.

Thank you.
Note
Hello
It's a Bitcoin Guide.

I did a private brief analysis yesterday because I didn't have enough time.

I'll check the movement after writing the analysis on July 23.

snapshot

This is Bitcoin's 30-minute chart.
I marked the main sections with black fingers.

In the red finger long position strategy,
Purple finger 119.2K -> Red finger 118.4.K long switching strategy

It failed to touch the upward wave confirmation section at the top,
and damaged the 2nd section and the green support line,
and finished the sideways movement.

Yesterday, after confirming the upward touch,
I canceled the strategy because it was a long position waiting strategy.

Today, as a new daily candle was created,
It touched 119.2K at the top -> fell to the bottom section.

The movement that didn't come out yesterday
first touched the downside, and then dropped significantly while bypassing.
It keeps shaking up and down,

I hope you operate well with principle trading.

Thank you.

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