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Bitcoin 30-minute chart. There is no Nasdaq indicator announcement today.
There was no short entry position for beats either. The 5-minute bar trend reversal has also been successfully achieved. If the orange resistance line is broken, the short-term downtrend will be broken, but It is a position where it is difficult to rise vertically all at once. There is also a possibility of a sideways move.
NASDAQ movement short->long Even the possibility of tether dominance going downhill. After much thought, I came up with today’s strategy.
*Red finger movement path
Two-way neutral strategy
1. Chase buy at $67383.5 / stop loss when the green support line is broken 2. Short position switching at $69312.5 / Stop loss when the red resistance line is broken 3. Long position switching at $68,007 / Stop loss when the green support line is broken
Afterwards, the target for long positions over the weekend is the Good -> Great range.
Near the 30-minute resistance line Adjustment may occur immediately at approximately 68K. Section 1 is an extremely lateral crossing.
If you can't touch it, if you fall vertically No. 2 -> to the bottom
Please pay attention to Nasdaq movements. Margin trading always requires a stop loss.
My analysis up to this point is Please simply refer to it and use it.
I hope you operate safely with principled trading and stop loss required.
Thank you for your hard work this week.
Thank you so much.
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Oh, the 5-minute bar trend hasn't changed yet. If you are on a long wait, please check.
Even if it breaks through the orange resistance line There is a high possibility of sideways movement, so it is very difficult for the strategy to succeed. Please use the analysis in real time.