Bitcoin Bybit chart analysis June 20

Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There are two Nasdaq index announcements at 9:30 tonight.

from the bottom left
If you look at the purple fingers
64.5K long on the 18th -> 65.1K chase long on the 19th

And today is the red finger chase buying strategy.


*Red finger movement path

One-way long position strategy

1. $65,766 long position entry zone / stop loss when breaking out of the green support line

2. $67051.5 long position 1st target -> Top 2nd target -> Good 3rd target

There is no short position operation today.
A vertical decline is underway in Tether dominance.
When the 12-hour chart MACD dead cross engraving is completed
It's a strategy

Sections 1 and 2 at the bottom are rebound sections.
Please note that the further down you go, the more likely it is to move sideways.

Maybe it's because the day is hot
Creating an entry point every day
It seems like it's getting more difficult again.

This is what I continued to explain as I went sideways this week.
Today I will go very simply without further explanation.

Don't forget to follow principle trading and stop loss.

I hope you operate safely.


thank you

Trade closed: stop reached:

Hello
It's a Bitcoin guide.
I will check the movement after writing the analysis on June 20th.

This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.

Red Finger 20005.8 In long position strategy
It continues to fall vertically.

Bottom 1+4 section -> to the true blue support line
There was a strong departure.
There didn't seem to be any major problems with the indicator announcement at 9:30.
It fell vertically without even the slightest rebound.

It continued to break through all previous highs and then crashed.
I'm embarrassed.
12 hour chart MACD dead cross engraving completed.
Daily chart MACD dead cross order.

The medium-term pattern is broken,
Please check the analysis article for more details.

Bitcoin 30-minute chart.
Red Finger $65,766 chasing purchase
It was a long position strategy.

I raised it well to the pink resistance line.
Coupled with Nasdaq
It broke away from the green support line -> fell to the bottom.

The strategy is stop loss.

Yesterday, while modifying the drawing in real time,
Bollinger Band 12-hour center line (section 3 marked at the top)
I couldn't touch it and just followed the Nasdaq movements.

Even in tether dominance
It was in a vertical decline and the medium-term pattern was broken.
It was a fake rebound.

If you check the main time zone, it is in the same time zone as Nasdaq.
As the coupling occurred, there was a strong decline.
Nasdaq, which had been so popular in such an important position, dropped it.
I am so embarrassed.

I thought it was a perfect strategy,
I was only worried about the NASDAQ variable.
If you touch the center line for 12 hours,
It may be understood as a downward wave, but
Since it is a forced coupling with Nasdaq, I am losing strength.


At times like this, being the human being I am, I really don't want to analyze things.

It reached just before breaking out of the previous low point.
If you leave the current position, $64109 at the bottom is the next support line.
From the breakout, the Bollinger Band daily chart shows a downward trend and
You may be connected, so be careful.


I went to the hospital a while ago because I had an appointment.
I'm tired both physically and mentally.

I will do my best in the remaining time.


thank you

Trade active:

Until the previous low point of $64,109
When leaving the last double bottom,

The bottom section used to be $63,734.

please note.

Comment:

After Break away the $ 64109
$ 63734 touched.

I'll proceed with the analysis right away

Thank you.