[OCTOBER 12 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-

There are no specific Nasdaq data releases scheduled,
but a MACD "death cross" is currently forming on the daily chart.
I am maintaining the long position entered at the October 8th "Bottom" level ($80,946.5).
Please pay attention to the purple parallel support line I have marked.

*Strategy regarding the area marked with the purple finger (Zone 1):

1) After confirming a touch of the purple finger zone (Zone 1):
Switch to a long position at the red finger level ($83,545.9) below.
/ Stop-loss if the price breaks below the purple support line.

2) First target for the long position: "Top" level ($85,504.4) ->
Second target: "Good" zone level (for tomorrow or later).

3) If the price drops directly without touching the purple finger zone:
Entry zone for a long position: "Zone 2" ($83,013.5) below.
/ Stop-loss if the price breaks below the green support line.

Please be cautious, as a sharp drop in the Nasdaq could lead to forced market coupling.
If the price breaks below the green support line,
the downside is open from the "Bottom" level down to "Zone 3."

I post the analysis results as a Comment every day.

Thank you.

(You can find the link on my profile.)

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