[OCTOBER 14 Bitcoin chart analysis]
BTCUSD 30Min Chart

*My analysis is optimized for TradingView.
If you press the replay button, you can check real-time movements.

-Long position strategy-

1) After confirming a touch on the "Purple Finger 1" zone (optional short position),
enter a long position at the "Red Finger" level ($83,706.9); set the stop-loss if the purple support line is breached.

2) Target price for the long position is $85,504.4; the $85.2K level is a zone for re-entering a long position.
I have also provided a simulation for the period following today, marked with the "Pink Finger."

3) If the price drops immediately without touching the "Purple Finger 1" zone,
look to enter a long position at the lower "Zone 2" ($83,136.4);
set the stop-loss if the purple support line is breached.

-For a strong upward move today,
the price should not drop down to the vicinity of the purple support line (sideways movement is possible).

-If the purple support line is breached,
be aware that the downside is open all the way to the "Bottom" (up to "Zone 3").

Please use this analysis solely for reference and guidance,
and I hope you trade safely by adhering to your principles and using stop-loss orders.

(You can find the link on my profile.)

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