BTCUSD Perpetual Contract
Updated

June 17 Bitcoin Bybit chart analysis

128
Hello
This is Bitcoin Guide.
It's been a while.

I took a break recently because the participation rate was not good.

Since it's been a while since I did an analysis, I did it in a short form,
I hope you enjoy it.

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You can receive real-time movement paths and comment notifications on major sections.
If my analysis was helpful,
Please click the booster button at the bottom.


snapshot


Here is the Bitcoin 30-minute chart.

I created a strategy based on the possibility of sideways movement in Nasdaq and the rebound of Tether Dominance.

* When the blue finger moves,
It is a two-way neutral short->long switching strategy.

1. $106,792.2 short position entry point / stop loss price when orange resistance line is broken

2. $105,082.8 long position switching / stop loss price when green support line is broken

3. $107,579.9 long position 1st target -> Top 2nd target price

If it goes down from the current position,
Check the bottom section -> up to $103,194.3.

Please use my analysis as a reference only

I hope you operate safely with principle trading and stop loss price.

Thank you.
Trade active
Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on June 17th.

snapshot

This is Bitcoin 30-minute chart.
I marked the main sections with black fingers.

The blue finger is short->long or if it goes down right away
It was a long waiting strategy at the bottom

But it went down right away without touching the short entry point
After entering the long at the bottom section of $103,670
It rebounded to a little under $1900 and is moving sideways.

The strategy is active processing.

The condition for maintaining the long position of $103,670
The perspective is the same as yesterday.

If the rebound is connected from the current position
The short entry point at the top, the blue finger 106.7K -> 107.5K
are the long position target prices in that order.

If you leave the current position, please check the support line marked 1 -> $101,618.5

I have important work to do tomorrow, so I will return on Friday or next Monday at the earliest.

Thank you.

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