Bitcoin chart analysis JUNE 25

Jun 25

Hello
It's a Bitcoin Guide.

My analysis is optimized for TradingView.
If you press the Replay button, you can check real-time movements.





This is the Bitcoin 30-minute chart.

As you can see from the recent movements, the chart is moving very erratically and chaotically.

Therefore, until the end of this week, I will proceed only after confirming the exact points regarding:

1. whether it will rise immediately, and
2. whether it will hit the final support line.

A few things need to be verified.

I consider a rebound meaningful only if it breaks through the orange resistance line at the very least; otherwise, I will unconditionally wait at the bottom.

After much consideration, I have also implemented a very simple strategy.


*Based on the movement path of the red finger

Long Position Strategy

1) $58,032.3 Long Position Entry Zone / Stop Loss if broken below the light blue support line

2) $60,769.9 Long Position 1st Target ->
Target prices after tomorrow: $62,802.7, Top, Good in that order

- Since the MACD Dead Cross on the daily chart needs to be completed,
the rebound should not be strong today; this is a strategy to rise after a moderate rebound.
You may also utilize the middle wave of the pink finger.
The bottom zone is open to 56.8K at the very bottom due to the lower wick,
and if the rebound fails today, a continuous downtrend may follow starting tomorrow.


*This is an explanation of points 1 and 2 indicated above.
You just need to look for the rebound after the touch.
(Long Position Entry Zone)

- Zone 1: If the rebound is successful without breaking the purple parallel line support, it becomes a vertical upward zone.

- Zone 2: If the rebound is successful without breaking the green support line, it becomes a strong upward zone.


The target price above remains the same.
I judge a genuine rebound only when it breaks through the orange resistance line at a minimum,
and I determine that it is not a sideways market or a deceptive move.

Please use my analysis post merely as a reference and for practical application.

I hope you operate safely by adhering to trading principles and strictly using stop-loss orders.

Thank you.

Jun 26

Trade active

Hello.
This is the Bitcoin Guide.

Let's check the movements since the analysis post was written on June 25th.



This is the Bitcoin 30-minute chart.
I have marked the key zones with black fingers.
In the red finger long position strategy,

since entering a long position at $58,032.3,
it is currently rising by about $2,300 without breaking the sky-blue support line.

The strategy is set to active.
Around 10:30 PM last night, there was a crash in the Nasdaq,
and it was coupled with Bitcoin,

but so far, it has successfully rebounded very cleanly.
The MACD dead cross on the daily chart has been broken,
so today, either a very strong rebound will occur,
or it will hold without further breakouts,
one of the two seems important.

The Nasdaq continues to undergo a correction, so I hope Bitcoin succeeds in rebounding without any major variables.

I was planning to take a break if a stop-loss occurred, but I shouldn't be taking a break.

Since I managed to secure a difficult entry point at 58K, I will neatly redraw the parallel lines today and enter the trade.

Thank you.