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This is the Bitcoin 30-minute chart. There will be a Nasdaq indicator announcement at 10:30 in a little while.
Nasdaq touched the resistance line of the 4-hour Bollinger Band chart, but Bitcoin failed to touch the resistance line, so the adjustment is coming out stronger. There are Nasdaq variables, and the pattern is broken, so today's analysis was also very difficult. It's complicated, but I made the strategy as simple as possible. There are many key contents, so please check the analysis article carefully.
*Red finger movement path One-way long position strategy
1. 95338.5 dollars long position entry section / stop loss price when blue support line is broken
2. 97967 dollars long position 1st target -> Top 2nd target (After reaching the top section, long position liquidation, until short position switching)
The purple finger section at the top 96.6K is The best short position and vertical decline section. If the orange resistance line is broken, you can operate a self-short based on the stop loss price. (Today is the first 15-minute resistance line touch section)
The probability of the strategy succeeding increases when purple finger short -> purple support line is broken.
The first section at the top is the final short position operation section for today + if it doesn't break through, it's a sideways section.
If it comes down right before the purple finger touches, the bottom section becomes the long position waiting section.
If you look closely at the sky blue support line, you'll see a gray trend line.
This section is a mid-term upward trend line, and if it doesn't break out, the upward trend can continue, so I set the stop loss price a little loosely.
From the 93.5K deviation shown below, it touches the Bollinger Band daily chart support line section from the third section, so a downward trend can be connected, so those who are operating long positions should be careful.
There may be variables in Nasdaq, so please check the Nasdaq analysis article I left.
I explained it in detail today because the participation rate was high, but I don't know if you're satisfied.
Up to this point, I ask that you simply use my analysis for reference and use only.
I hope that you operate safely with the principle of trading and cut-off price.
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