[OCTOBER 15 Bitcoin chart analysis]
BTCUSD 30Min Chart
*My analysis is optimized for TradingView.
If you press the replay button, you can check real-time movements.
-Neutral strategy-
This is the 30-minute chart for Bitcoin.
Nasdaq-related data is set to be released shortly at 9:30.
*Following the path indicated by the light blue arrows:
This is a neutral, two-way strategy involving a switch from a short position to a long position.
1) Entry zone for a short position at $81,368 (marked by the light blue arrow).
/ Stop-loss level: If the orange resistance line is broken.
2) Switch to a long position at $80,453.6.
/ Stop-loss level: If the price falls below the green support line.
3) First target for the long position is $82,536.6, with a further "good" second target level.
- If the price falls below the green support line:
The medium-term uptrend would be broken, indicating the potential for further decline.
- If the price drops directly without first touching the $81.3K level (the upper zone):
The lower "bottom" zone serves as the final entry point for a long position.
Please be cautious, as the price could potentially decline as far as the first zone mentioned above.
Please use this analysis only as a reference.
I encourage you to trade according to your established principles and always use stop-loss orders to ensure safe trading.
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.
#Altcoin Season# #XRP #Crypto #BTC Price Analysis# $USDC $BNB $BTC $GOLD #S&P
BTCUSD 30Min Chart
*My analysis is optimized for TradingView.
If you press the replay button, you can check real-time movements.
-Neutral strategy-
This is the 30-minute chart for Bitcoin.
Nasdaq-related data is set to be released shortly at 9:30.
*Following the path indicated by the light blue arrows:
This is a neutral, two-way strategy involving a switch from a short position to a long position.
1) Entry zone for a short position at $81,368 (marked by the light blue arrow).
/ Stop-loss level: If the orange resistance line is broken.
2) Switch to a long position at $80,453.6.
/ Stop-loss level: If the price falls below the green support line.
3) First target for the long position is $82,536.6, with a further "good" second target level.
- If the price falls below the green support line:
The medium-term uptrend would be broken, indicating the potential for further decline.
- If the price drops directly without first touching the $81.3K level (the upper zone):
The lower "bottom" zone serves as the final entry point for a long position.
Please be cautious, as the price could potentially decline as far as the first zone mentioned above.
Please use this analysis only as a reference.
I encourage you to trade according to your established principles and always use stop-loss orders to ensure safe trading.
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.
#Altcoin Season# #XRP #Crypto #BTC Price Analysis# $USDC $BNB $BTC $GOLD #S&P