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Bitcoin 30-minute chart. There is a Nasdaq indicator announcement at 11pm tonight. Last week's movement created a gap section at the bottom ($63,548)
After touching the resistance line on the current 4-hour chart This is where the upper and lower parts are divided. In case of decline due to thin positive luck It's a position where you can leave strongly.
It is a position with a high possibility of sideways movement. Judging by the signal, it is difficult to rise vertically. Gap reversal seems difficult so I ignore it We bet on the movement against Tether dominance and the rising pattern.
*Red finger movement path
Long position strategy
1. $66587 long position entry area / stop loss when breaking away from the purple support line 2. $69552.5 long position primary target -> Good secondary target
Today, only the Rising trend section marked at the top Even if you touch it, it is good from a long position.
Section 1 at the bottom is guaranteed to be extremely lateral. Section 2 is a sideways road sloping to the right. It would be good to check the movement in real time from each long and short position.
If it falls to section 2 or bottom today Gap retracement becomes more likely after tomorrow.
Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required.
thank you
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Hello It's a Bitcoin guide. I will check the movement after writing the analysis on March 25th.
This is the NASDAQ 30-minute chart. Major sections are marked with black fingers. In the light blue finger short->long switching strategy
First, touch only section 1 at the bottom and then It ended with a rebound.
Purple support line -> until it breaks through the orange resistance line It ended with a sharp sideways trading. The Bollinger Band is rebounding after touching only the 6-hour central line. The pattern is broken, Due to yesterday's rebound, the weekly chart was under pressure from the MACD deadcross. It's a little off.
Bitcoin 30-minute chart. Major sections are marked with black fingers.
Red Finger $66587 long position waiting strategy Unfortunately, there is no touch at the entrance Vertical rise occurs
I marked it Orange resistance line Rising trend -> Top -> Red resistance line Good section Reached.
Because the entry point was not touched. Unfortunately, the strategy was cancelled.
As Tether dominance declines vertically without any fluctuations, It ended with a stronger-than-expected rebound. Breaking through the upward trend line, Bollinger Band daily chart MACD golden cross is in progress.
The overall atmosphere looks good. I will go into more detail in the analysis article later.
thank you
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Bitcoin 30-minute chart. I touched the Great section I marked.
It's so unfortunate. I will proceed with the analysis right away.