[July 16 Bitcoin chart analysis]
BTCUSD 30Min Chart
*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 both the 6-hour and 12-hour charts, and the mid-term pattern has been broken.
*Bidirectional Neutral Short -> Long Switching Strategy (following the light blue finger movement path)
1) Top: $64,839.3 Short position entry zone / Stop loss if pink resistance line is broken
2) Bottom: $63,955.4 Long position switch / Stop loss if purple support line is broken
3) $65,335.8 Long position 1st target -> Good 2nd target price
- If it drops immediately without touching zone 1 at the top
Bottom zone Long position entry zone at the bottom / Stop loss if green support line is broken
From the breakout of the Bottom zone, the bottom zone 1 -> is open up to a maximum of 61.8K.
I post the analysis results as a Comment every day.
Thank you.
(You can find the link on my profile.)
- Click Follow to receive faster information every day.
- Check the results using the replay button on TradingView.
#Bitcoin #BTC100K #BTC Price Analysis# #Altcoin $BTC $CRYPTO $ETH
BTCUSD 30Min Chart
*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 both the 6-hour and 12-hour charts, and the mid-term pattern has been broken.
*Bidirectional Neutral Short -> Long Switching Strategy (following the light blue finger movement path)
1) Top: $64,839.3 Short position entry zone / Stop loss if pink resistance line is broken
2) Bottom: $63,955.4 Long position switch / Stop loss if purple support line is broken
3) $65,335.8 Long position 1st target -> Good 2nd target price
- If it drops immediately without touching zone 1 at the top
Bottom zone Long position entry zone at the bottom / Stop loss if green support line is broken
From the breakout of the Bottom zone, the bottom zone 1 -> is open up to a maximum of 61.8K.
I post the analysis results as a Comment every day.
Thank you.
(You can find the link on my profile.)
- Click Follow to receive faster information every day.
- Check the results using the replay button on TradingView.
#Bitcoin #BTC100K #BTC Price Analysis# #Altcoin $BTC $CRYPTO $ETH