Bitcoin Bybit chart analysis July 3Hello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
There is a Nasdaq index release tonight at 9:30, 11:00, and 3:00.
The same goes for the Nasdaq rise alone yesterday.
In fact, it excludes Nasdaq and only focuses on Bitcoin and Tether Dominance.
I was focused.
Support line at the bottom
59.4K -> 58.8K (Bottom) -> 56.8K There are only three things left.
If the orange resistance line is not broken by today or this week,
Be careful as it may drop below 56.8K.
Currently, Tether dominance is rising vertically.
That's where we created today's strategy.
*Red finger movement path
One-way long position strategy
1. $59,445 long position entry zone / stop loss when breaking out of the light blue support line
2. $62040 long position primary target -> Top secondary target
The core of today’s strategy is Tether dominance.
This is a strategy for whipsaw.
If I don't get it right away, I won't get an answer today.
Sections 1 and 2 indicated are sideways markets.
Even if it maintains without breaking away from the purple support line,
There is a possibility of further decline after tomorrow.
Because it is a strategy for tether dominance whipsaw.
Bitcoin long entry section $59,445 rather than reservation sale
Check the 1-minute or 5-minute candles in real time.
Checking the lower tail or rebound
Please operate with principled trading and stop loss required.
I would like to ask that you only use my analysis as a reference and use.
thank you