July 19 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.
It is a one-way long position strategy.
Nasdaq 9:30 indicator announcement
This is the main section of Tether Dominance.
In the case of keeping the current position without leaving
It appears to continue to rise in an upward direction.
*In light blue finger movement path
Short -> Long Switching Strategy
1. $30259.5 short position / stop loss when the red resistance line is broken
2. $29915.5 long position switching / stop loss when breaking the green support line
$30676.5 long position target -> Good section 2nd target
It is a place with high potential
When the price breaks the green support line, there is a high possibility of further decline near the Bottom.
Because there is a possibility that it will fall immediately from the current position
Look at the shape of the support line that returns after the first wave at the top.
Waiting for a long position seems the most advantageous.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you
