[May 12 Bitcoin chart analysis]
BTCUSD 30Min Chart

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

-Long position strategy-

Entry Price: $79763.4
Target Price: $81184.8
Stop Loss: Break below the green support line.

There is a CPI data release today.

If the strategy is successful, you may use $80.7K after tomorrow as a re-entry zone for the long position.
However, please be cautious, as a break below the green support line could lead to a Bottom -> a drop up to Zone 1.

I post the analysis results as a Comment every day.

Thank you.

(You can find the link on my profile.)

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- Check the results using the replay button on TradingView.

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