JULY 22 Bitcoin chart analysis for BYBIT:BTCUSD. P by BitCoinGuide
Hello It's a Bitcoin Guide. My analysis is optimized for TradingView. If you press the Replay button, you can check real-time movements. https://www. tradingview. com/x/JP7OU5xt/ This is the Bitcoin 30-minute chart. Currently, a MACD Dead Cross is in progress on the 4-hour chart. On the left, marked with a purple finger, I have connected the strategy exactly as it was from yesterday, using the entry point at $65,885. 8 for the long position. *Starting from the point touched first at …
HelloIt'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. Currently, a MACD Dead Cross is in progress on the 4-hour chart. On the left, marked with a purple finger,I have connected the strategy exactly as it was from yesterday, using the entry point at $65,885. 8 for the long position. *Starting from the point touched first at section 1 at the top or section 2 at the bottom,this is a two-way neutral strategy. 1) If the purple finger at the top (Section 1, $66,300. 1) is touched:Short position entry point / Stop loss if the orange resistance line is broken. 2) Switch to a long position at $65,702. 1 / Stop loss if the green support line is broken. - The stop loss is the same for those who held a long position at $65. 8K yesterday. 3) $66,577. 5 Long position 1st target -> Target prices in the order of Top, Good. * If the price at the bottom (Section 2, $65,438. 8) is touched:Long position entry point / Stop loss if the green support line is broken. The target price is the same as the one at the top. - From the point where the green support line is broken,the Bottom (indicated at the bottom) -> up to Section 3 is open, soyou must exercise caution. Please use my analysis post only as a reference and for practical application. I hope you operate safely by strictly adhering to trading principles and stop loss rules. thank youDisclaimerThe 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 theTerms of Use.