Downloading...

July 18 Bitcoin Bybit chart analysis

68
Hello
It's a Bitcoin Guide.

If you "follow"
You can receive real-time movement paths and comment notifications on major sections.
If my analysis was helpful,
Please click the booster button at the bottom.



snapshot


Bitcoin 30-minute chart.

There is no Nasdaq indicator announcement today.

The mid-term pattern was broken in the morning wave,
but I proceeded as safely as possible.

At the bottom left, I connected the final long position switching section in the analysis article on the 15th with a purple finger.

*When the blue finger moves,
Bidirectional neutral

Short->Long or long waiting strategy

1. Short position entry section of $120,338 / Stop loss price when orange resistance line is broken

2. Long position switching of $118,886.8 / Stop loss price when blue support line is broken

3. Long position 1st target of $121,756.2 -> Target price in the order of Good and Great

If it falls immediately from the current position or
touches the top once and falls, it is a vertical decline condition.

If it falls immediately, it is the final long waiting in section 2.
(When the sky blue support line breaks, the stop loss price is the same)

From the sky blue support line break, the 6+12 section is where the mid-term pattern is restored,
and it is roughly the bottom section.
If the strategy is successful, I have left a simulation with a pink finger on the right,
so please check the switching and profit-taking section,

and operate safely in each position, long, short, and no position, based on whether the purple support line breaks from the current position.
From the green support line break, the low point of today's daily candle is broken,
so it would not be good for a long position, right?

Up to this point, please use my analysis article only for reference and use,
and operate safely with principle trading and stop loss price.

Thank you.

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.