July 17 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
Overall, the up-and-down long wait strategy is correct.
One wave must go through.
In case of touching upward from the current position first
arrow
If the adjustment comes out right away, a light blue finger
To be more specific, the arrow movement path
short -> long
Light blue finger movement path
It will be a long wait.
There is no indicator announcement from Nasdaq today.
It seems that the direction is divided according to the Nasdaq movement.
Let's go with the arrow strategy aggressively.
*In arrow movement path
Short -> Long Switching Strategy
1. Entry into short position at $30378 / stop loss when orange resistance line is broken
2. 30105.5 dollars long position switching / stop loss when breaking the green support line
$30676.5 Long Position Target -> Top Section 2nd Target
If the movement follows the path of the arrow
There is one major point.
The short orange resistance line at the top is (tether dominance 1+ 4 rebound section)
At the bottom, you can slide a light blue finger.
If it holds up well without breaking the green support line today
It becomes a condition that can soar early in the morning or after tomorrow.
Depending on the situation, it can continue to be pushed, so I think it's good to keep it short.
In the case of movement from the current position along the path of the sky-blue finger
A strong rebound must be successful. (possibility of coupling upon reaching Nasdaq 1+4)
I have summarized all the movements that can be explained in writing.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you
