Bitcoin bybit chart analysis July 31
Hello
It's a Bitcoinguide.
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If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
The same goes for Nasdaq, but the current position is the midpoint of long shorts.
Since the fluctuation range is not large,
Because there is a high possibility of being bitten in an ambiguous place
This is a long position waiting strategy.
As a basis for long waiting, touch down first,
Some broken parts of the pattern (3-hour center line touch)
1 hour chart MACD dead cross in progress
I guess it will be something like this.
Because it is the end of the month and there is no indicator announcement from NASDAQ
The crossover potential is very high.
*In arrow movement path
long position strategy
1. Entry into long position at $29,198 / stop loss when breaking the green support line
2. $29496 long position target -> 2nd target in the top section
If the purple support line is maintained without breaking
You can reach the top section,
After the Bottom section, it is $28535.5.
So far, my analysis is simply asking for patience.
I hope you will operate safely with the 6 principles of trading / stop loss.
thank you