Bitcoin chart analysis May 21Hello
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.
On the left is the entry point for the long position entered yesterday.
I have connected the strategy exactly as indicated by the purple finger at 77.3K.
*This is the long position strategy based on the movement path of the red finger.
1) $76,990.5 Long Position Entry Point / Stop Loss if broken by the green support line
2) $78,741.5 Long Position 1st Target -> Gap 10 2nd Target Price
If the strategy is successful, the red finger at 78.3K serves as a re-entry point for the long position.
If broken by the green support line, the price could fall to the Bottom -> up to the first zone at 75.7K, so please exercise caution.
Unlike yesterday, the support line on the daily Bollinger Bands is open, so those currently holding long positions need to be careful.
Please use my analysis only as a reference and for practical purposes.
I hope you operate safely by strictly adhering to trading principles and stop-loss orders.
Thank you.
Long
