May 2 Bitcoin Bybit chart analysis

Hello
It's a Bitcoinguide.

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Please would like one booster button at the bottom.

Here is the Bitcoin 30-minute chart.

There will be an indicator announcement at 9:30 in a little while.

Unlike Nasdaq, Bitcoin touched the upper Bollinger Band first and is on the verge of an upward trend.

Since there is a possibility of missing the entry point at the current position,
I set the stop loss price short and proceeded aggressively.

*One-way long position strategy when the red finger moves

1. Pursuit purchase at $96,835.6 / When the purple support line is broken,
or when the bottom section is touched, stop loss price

2. Long position target price at $98,766.4 -> Good 2nd target -> Great 3rd target

If the Great section is broken at the top,

the probability of a new high price is high.

From the bottom touch, the mid-term pattern will be broken
(currently 6+12 in progress)
When looking at the candle shape, from the green support line bottom breakout
It can break out strongly, so please refer to the bottom 2, 3 times up to 93016.7 dollars, and if 93K breaks, a downward trend can be connected again, so
You should be careful.

I left the analysis article up to May 6th
and the main points and the drawing section on one page, so it's hard

Please just refer to and use my analysis article up to here
I will see you next week after the holiday.

Thank you.

Trade closed manually

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on May 2nd.

This is the Nasdaq 30-minute chart.
I marked the main section with a black finger.

In the red finger long position strategy,

19776.8 without long entry -> After touching the 1st section,

Finished with extreme sideways movement.

After the weekend, on May 6th, I touched the 19776.8 long position entry section,

and touched the 1st section.

It is continuing to move sideways without any particular movement.

The mid-term pattern was broken with this movement,

and it seems that an overall confirmation is needed.

This is the Bitcoin 30-minute chart.
I marked the main section with a black finger.

On the lower left, with a purple finger,

I connected the 3rd digit, 92,926 dollars, as it was in the long position entry section on April 30.

In the red finger long position strategy,

After the chase purchase of 96,835.6 dollars,

there was a slight rebound, and then after coupling with Nasdaq, it finished the sideways movement.

After that, it fell downwards and successfully rebounded without breaking the mid-term uptrend in the 3rd section that I indicated.

The current price has returned to the initial chase purchase entry section.

Since a lot of time has passed since the analysis,

the strategy is manual liquidation.

The current pattern is the 6+12 section,

but due to this rebound, the MACD dead cross imprint on the daily chart has been released.

Depending on today's wave,

whether it will immediately connect to an uptrend or to the next pattern seems important.

I will carefully examine the details in the analysis article.

thank you.

Note

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on the US interest rate announcement FOMC on May 7th.

This is the Nasdaq 30-minute chart.
I marked the main sections with black fingers.

Sky blue finger short->long or

If it goes down immediately, the red finger long waiting strategy

After entering the long position at 19671.3 with the red finger at the bottom

A rebound is in progress up to the 1st section at the top.

If you look at the time zone indicated below,

After the FOMC indicator announcement at 3:10 AM

The mid-term pattern was restored in the 6+12 section
and a strong rebound is in progress up to the 1st section.

It is currently in perfect progress.

This is a 30-minute Bitcoin chart.
I marked the main sections with black fingers.

In the bottom left, in the analysis article on May 2,
After the 3rd section of the long position entry section of $94,133.5,
I carried out the strategy yesterday.

*In the red finger long position strategy,
Short at the 1st section of the upward wave check section at the top of the 97,200.2 dollar ->
After switching to a long position of $96,330.5,
Without breaking the purple support line,

The first target price of the long position of $98,766.4 at the top was reached.

The strategy was carried out perfectly and
Profit taking was carried out cleanly.

Luckily, the strategy was successful at the FOMC interest rate announcement.

There was also a MACD dead cross pressure on the daily chart,
but it is rebounding strongly as it is partially coupled with Nasdaq.

I will try hard today as well.

Thank you.

Note

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on May 8th.

This is the Nasdaq 30-minute chart.
I marked the main section with a black finger.

In the red finger long position strategy,
20095.3 -> After being pushed to the 2nd section,
I finished by touching the 1st section at the top.

While moving sideways, it broke away from the green support line,
and moved in an extreme sideways direction.
The upward trend is continuing with yesterday's movement,
and I will explain the details together in today's analysis article.

This is the Bitcoin 30-minute chart.
I marked the main section with a black finger.

The purple finger on the lower left is

The long position entry section 96,330.5 dollars entered on May 8th

The strategy was connected as it was

Yesterday, in the red finger long position strategy

After entering the long position at 99,222.6 dollars,

It strongly broke through the top section without breaking the green support line.

It fell a little short of the Good section

It finished as a short-term double top.

The strategy was taken profit.

Those who had long positions since 96.3K yesterday

It rose to a little less than 8,000 dollars.

We will have to wait and see what the results will be this season,
but this time too, I was lucky enough to catch the low of 76,449.8 dollars on April 7th

and am currently operating at 104.3K

I will continue to focus on the strategy until the end.

Thank you.

BitCoinGuide

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