[May 28 Bitcoin chart analysis]
BTCUSD 30Min Chart
*My analysis is optimized for TradingView.
If you press the replay button, you can check real-time movements.
*When the light blue finger follows the movement path:
Bidirectional Neutral
Short -> Long switching or Long position waiting strategy
1) After confirming the purple finger touches Zone 1 (Short at your discretion),
Switch to a long position at $73,614.1 (light blue finger) / Stop loss if broken below the green support line
2) Long position target at $75,139.7 -> Top 2nd target price
- If it drops immediately without touching Zone 1,
Wait for a long position at the bottom zone / Stop loss if broken below the blue support line
It could fall to Zone 2 at the maximum,
and since the blue support line is connected to the medium-term uptrend line,
it is advantageous for the long position to hold on without breaking it.
(If the blue support line is broken, it could drop to a maximum of 65.9K.)
I post the analysis results as a Comment every day.
Thank you.
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