Bybit
April 6 Bitcoin Bybit chart analysis
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Bitcoin 30 minute chart.
It's a one-way neutral strategy.
Because of the recent Nasdaq move
Analysis is difficult because of the large number of cases.
It doesn't come out in any direction, and it's shaking up and down.
In the case of tether dominance
It is a condition that can rise strongly,
In the case of Nasdaq, it is competing near the major support line.
*One-way neutral strategy for light blue finger movements.
It is a short -> long -> short switching strategy.
1. Entry into short position at $28,017 / stop loss when orange resistance line is broken
2. $27579 long position switching range / stop loss when breaking the light blue support line
I caught enough of the hand loss
Please pay attention to the Nasdaq movement during long switching.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
thank you.
Bitcoin bybit chart analysis April 6
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It's a one-way neutral strategy.
Because of the recent Nasdaq move
Analysis is difficult because of the large number of cases.
It doesn't come out in any direction, and it's shaking up and down.
In the case of tether dominance
It is a condition that can rise strongly,
In the case of Nasdaq, it is competing near the major support line.
*One-way neutral strategy for light blue finger movements.
It is a short -> long -> short switching strategy.
1. Entry into short position at $28,017 / stop loss when orange resistance line is broken
2. $27579 long position switching range / stop loss when breaking the light blue support line
I caught enough of the hand loss
Please pay attention to the Nasdaq movement during long switching.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
thank you.
April 5 Bitcoin Bybit chart analysis
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It's a Bitcoinguide.
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Bitcoin 30 minute chart.
It is a one-way long position strategy.
In the case of the beat, I touched the resistance line of the Bollinger Band daily chart.
Because the resistance wire is in the form of pressing
There is a very high possibility of going sideways from the current position.
according to Nasdaq
indicated,
Please note that it may be pushed up to the current purple support line or green support line.
I went with a slightly more reckless strategy.
*In arrow movement path
long position strategy
1. Entry into long position at $28444 / stop loss when purple support line completely breaks
$29040 long position target -> 2nd target for Great section after tomorrow
In the case of maintaining the vicinity of the purple support line at the current position
Minor altcoin circulation continues to pump
When it breaks to the green support line,
After some adjustments and rotations
You can run major + minor at the same time in the rebound section.
Please pay attention to the green support line that I marked.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you.
April 4 Bitcoin Bybit chart analysis
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It's a Bitcoinguide.
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Bitcoin 30 minute chart.
It is a one-way long position strategy.
It's been a long time since I've been aggressive.
*In arrow movement path
long position strategy
1. $28,197 long position entry section / Stop loss when breaking the green support line / $29334.5 1st target -> Great section 2nd target
In the middle wave, you can trade autonomously, but
Long position center seems to be advantageous.
In the case of an upward trend following the Nasdaq movement,
The red resistance line can be your target.
If the strategy is successful today,
Because the peak is broken
Minor Alt -> It can be changed to Major Alt, so please refer to it.
Failure to break through the red resistance line,
It starts with minor alt.
Altcoin information has been left separately, so please refer to it.
My analysis is just for use.
I hope you operate safely with principle trading / stop loss essential
thank you.
April 1 Bitcoin Bybit chart analysis
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Bitcoin 30 minute chart.
It is a one-way long position strategy.
*In arrow movement path
1. Enter long position at $28223.5 / stop loss when breaking the purple support line
Following the Nasdaq movement, the intermediate wave is the autonomous trading section
28988.5 dollars 1st target -> 29420 dollars 2nd target
Below the purple support line
Because it was a full candle, the stop loss was tight.
If the Nasdaq moves to the right and the bottom
Pay attention to the light blue support line and finger section at the bottom.
When the red resistance line is broken
BTC + major alt
If breakthrough fails,
Minor altcoin circulation pumping can be connected.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you.
March 31 Bitcoin Bybit chart analysis
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Bitcoin 30 minute long position strategy.
Because of the high probability of
Analysis was difficult.
I've kept it as simple as possible.
*At the red arrow path
long position strategy
1. Entry into long position at $27,734 / stop loss when breaking the light blue support line
$28727.5 1st target -> $30068.5 2nd target
Please note the movement until the weekend.
There is one Nasdaq indicator announcement at 9:30.
If a wave comes out right from the current position
Pay attention to the light blue finger movement at the bottom.
The strategy proceeded according to the arrow movement path.
I can't break through the pink resistance line at the current position.
Please note that when descending vertically, it can be connected to the bottom.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
You worked hard this week too.
Have a good weekend
thank you.
March 30 Bitcoin Bybit chart analysis
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It's a Bitcoinguide.
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Bitcoin 30 minute chart.
It is a one-way long position strategy.
*At the red arrow path
One-way long position strategy
1. Entry into long position at $28,589 / stop loss when breaking the green support line
Number 1 indicated at the top -> Top -> Up to $ 31761
This is a long position target section.
Please pay attention to the Nasdaq indicator announcement and movement today at 9:30.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
thank you.
March 29 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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Bitcoin 30 minute chart.
It is a one-way long position strategy.
*In light blue finger movement path
long position strategy
1. $28105.5 long position entry section / stop loss when breaking the green support line
29999.5 dollars 1st target -> 30662.5 dollars 2nd target
Depending on the situation, you may want to use a short position.
Even if it drops to the green support area
Because it can be defended close to the entrance
proceeded leisurely.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
March 28 Bitcoin Bybit chart analysis
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Bitcoin 30 minute chart.
It's a two-way neutral strategy.
*At the red arrow path
long position strategy
1. Entry into long position at $26,940 / stop loss when breaking the purple support line
2. Entry into short position at $27526.5 / stop loss when orange resistance line is broken
#Current daily chart MACD dead cross in progress
11:00 p.m. Nasdaq index announcement
It is a section with many variables, even the possibility of a vertical drop.
In the case of an immediate drop from the current position,
Bottom shown at the bottom -> Possibility of falling to 25403.5 dollars
Right-downward sidewalk in light blue finger movement path
(Possibility of additional vertical decline after tomorrow)
On one page of the 30-minute chart, I left the number of all cases that can come out today.
Tomorrow's results will be summarized only with arrow movements.
My analysis is for reference only.
I hope you will operate safely as the principle trading stop loss is essential
thank you.
March 27 Bitcoin Bybit chart analysis
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It's a Bitcoinguide.
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Bitcoin 30 minute chart.
It's a one-way neutral strategy.
*In light blue finger movement path
Short -> Long Switching Strategy
1. $28181.5 short position entry section / stop loss when the light blue resistance line is broken
2. $27596.5 long position switching / stop loss when breaking the green support line
Failure to break through the pink and orange resistance lines at the current location
It can drop all the way to the bottom.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
March 24 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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You can receive comment notifications on real-time travel routes and major sections.
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Bitcoin 30 minute chart.
It's a one-way, two-way neutral strategy.
*In light blue finger movement path
Short -> long switching strategy.
1. $28132.5 short position entry section / stop loss when orange resistance line completely breaks through
2. $27658.5 long position switching / stop loss when breaking the green support line
-> After the 1st target of $28667 -> Top -> Final long position target until the weekend of the Great section
Following the Nasdaq move
Today, pay attention to the sideways section of the red resistance line / green support line.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
Have a good weekend.
thank you.
March 23 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
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Bitcoin 30 minute chart.
It is a one-way long position strategy.
*At the red arrow path
1. $27695.5 long position entry zone / stop loss when purple support line breaks -> long position target at $28520.5
Participation rates have been declining recently.
There are also unnecessary comments.
It also seems to have lost interest.
Depending on the situation tomorrow, we will proceed privately.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
thank you.
March 22 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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This is a one-way short position strategy on the 30-minute chart.
(Depending on the strategy, some of the pink and green parallel lines have been changed from the original drawing.)
Unlike Nasdaq, in the case of Bit
There is still power left to shoot upwards.
Near the previous high or after breaking the previous high
Please note that it may fall.
*In light blue finger movement path
Short -> Long Switching Strategy
1. Entry into short position at $28243.5 / Stop loss when the orange resistance line is completely broken
2. $27600.5 long position switching / stop loss when breaking the light blue support line
Looking at the Nasdaq movement today, the possibility of sideways movement seems very high.
3:00 a.m. -> 3:30 a.m.
After the FOMC rate announcement, it could shake it up a lot.
I hope you operate well according to real-time movement.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you.
What are the ways to profit from choosing an exchange wisely?Previously, we wrote about the free bonuses that exchanges provide us and how they ensure the speed of transactions and minimal slippage . In this idea we will talk about the interface of exchanges, the terminal and what are the main types of orders that should be on any terminal nowadays.
An interface of a cryptocurrency exchange should be user-friendly. We won’t use any product or service which repels us by its “packaging” on first impression. So let's check the most common mistakes and so called red-flags that exchanges make in their interface:
Cluttered Interface. This can make it difficult for us as users to navigate the exchange and find the information we need
Poor Navigation. If we can't easily find what we're looking for, we're likely to become frustrated and leave the exchange. It's important for exchanges to have clear and intuitive navigation
Lack of Mobile Optimization. You have already known all the importance of mobile-optimized interface. (Mobile devices were responsible for 43% of all cryptocurrency transactions in 2022)
Confusing Terminology. Cryptocurrency can be complex, especially for newbies. It's important to use clear and simple language to help everyone understand the exchange
Slow Load Times. Finally, slow load times can be a major issue for cryptocurrency exchanges. If we have to wait too long for pages to load, we are going to live very soon
In a current market with many “players” it's hard to get a user with only a quality design and interface and here we come to another important point for traders - types of orders and options for it . It is important to have many different types because it allows us to execute trades in a way that best suits trading strategy and risk tolerance. Here is the list of the most popular and in the meantime significant ones:
1. Market order: buy or sell a given instrument at the market price. The price for these types of orders is defined as the best price available on the market at the point of time the order is being placed. Since the price changes constantly, the total price and fees are provided as estimates rather than exact values.
2. Limit order: execute a trade at a specified price or better (limit price). A Limit order to buy would be at the limit price or lower, and a Limit order to sell would be at the limit price or higher.
Subtypes of limit orders:
Good-Till-Cancelled - lasts until the order is completed or canceled.
Day - automatically expires if not executed on the day the order was placed.
Good-Till-Date/Time - automatically expires at the specified date and time.
Fill-Or-Kill - must be executed immediately in its entirety; otherwise the entire order will be canceled
Immediate-Or-Cancel - must be executed immediately. Any part of an IOC order that cannot be filled immediately will be canceled.
3. Scaled orders: you can set multiple orders at once. This lets you implement the most sophisticated trading strategies with ease. For example, if you'd like to consistently sell portions of some currency in case its price is increasing. Usually, you would have to create a whole lot of sell orders manually, specifying the desired amount, and the price each time. With Scaled orders, you can noticeably speed up this process.
Now a little bit about options:
A Stop-loss option on your orders helps with minimising risks attached to trading. This option is available for Market and Limit orders with a preselected Stop option, which ensures that your order will be placed as soon as the price reaches a certain value, called the Trigger price.
A Take-profit option on your orders helps with consolidating your gains from trading. This condition is available for Market and Limit orders with a preselected 'Stop' condition — a condition that ensures that your order will be placed as soon as the price reaches a certain value, called the Trigger price.
A Post only option ensures that your limit order will be added to the order book and not match with a pre-existing order. If your order would cause a match with a pre-existing order, your post-only limit order will be canceled. The 'Post' only option guarantees that you will pay the maker fee and not the taker fee unless matched with a hidden order.
A Reduce only option enables you to create buy and sell orders meant to reduce an existing position without opening an opposite long or short position worth more than the current value of your leveraged assets. This essentially means that you will not be able to execute more than the size of your position, allowing you to trade without risking over-exposure of your assets.
In conclusion, it’s crucial for you to choose exchanges that have a user-friendly interface and a variety of order types. It can help execute trades more efficiently and with greater precision, leading to a better overall trading experience.
Thanks for reading! Write in a comment what other important points you pay attention to when choosing an exchange
March 21 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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I would like one booster button at the bottom, please.
This is a one-way long position strategy on the 30-minute chart.
Fortunately, yesterday's stop loss standard,
The Bollinger Band 1-hour chart is holding up without breaking the support line.
from an analytical point of view
You may miss out on a seat like this right now.
Since the possibility of sideways movement is high, we try to provide reasonable information as much as possible.
There is an announcement of the Nasdaq indicator at 11:00 tonight.
As a pattern, Bitcoin should come out sideways.
Nasdaq is in a condition where a vertical rise or a strong rise can occur.
Created today's strategy.
*In arrow movement path
long position strategy
1. $27956.5 long position entry zone / stop loss when green support line breaks -> long position target $29236.5
An extreme case like yesterday
Possibility of finishing within the orange resistance/green support line
Following the upper tail or Nasdaq movement
When the previous high point is broken, the whipsaw condition is also established. (Near the 28779 light blue resistance line)
Ahead of the FOMC US interest rate announcement at 3:00 am on Thursday
There is no direction yet.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
Thank you for reading today.
BIT DAOIt can be interpreted as an inverted head and shoulders pattern, also we see a potential trend break. I have two entries, one at 0.543 and a limit order below 0.46
Best regards EXCAVO
Behind the scenes of exchanges. Speed of orders and slippageHello guys. Today we are sharing with you an idea about the impact of order speed and slippage. Why is it important and what exchanges could do to provide us with the best solutions?
First of all, fast order execution is essential for those of you who are looking to take advantage of market opportunities in real-time. If orders are executed too slowly you may miss out on profitable trades or be forced to accept less favorable prices. Unpredictable slippage can lead to unexpected losses, which can be particularly damaging in volatile markets.
On the other hand, high-speed trading can also increase the risk of market manipulation and other forms of unethical behavior. Traders who are able to execute orders more quickly than others may be able to manipulate prices in their favor, leading to unfair advantages and potentially harming other market participants.
What do exchanges do to ensure the best speed and lowest slippage?
1. Orders speed:
Exchanges make use of a combination of advanced technology and strategic partnerships to offer fast order execution. They are using high-performance servers and optimized software to process orders quickly
Some exchanges use machine learning algorithms to predict market trends and react to market movements more quickly. By analyzing large amounts of trade data, these algorithms can identify patterns and make predictions about future market conditions. This allows exchanges to offer faster and more accurate trading services to their users
2. Slippage
As we all know, slippage refers to the difference between the expected price of a trade and the actual price at which the trade is executed. To minimize slippage on orders, exchanges can use different strategies:
Employ advanced order matching algorithms that can quickly and accurately match buyers and sellers based on their preferences and available liquidity. These algorithms can help to reduce the likelihood of trades being executed at unfavorable prices, which can help to minimize slippage
Exchanges provide users with access to a deep liquidity pool. This can be achieved by partnering with market makers and other liquidity providers, who can help to ensure that there is always a reliable supply of buyers and sellers for each currency pair.
And last but not least, exchanges offer users the ability to place limit orders, which allow them to specify the maximum price they are willing to pay for a particular currency. This can help to minimize slippage by ensuring that trades are only executed when the desired price is available.
So what was the main purpose of this idea? To reflect the importance of transaction speed and slippage on exchanges, because the outcome of transactions and their convenience for us as users directly depends on it. If you want to make a profit in this market, you should understand exactly what exchanges are doing to give you the best options. With this knowledge you are able to choose exchanges to trade with more wisely.
Thank you for reading, don’t forget to check the links below. Check the speed of transactions and slippage on our terminal, as we are constantly working on it! We are ready to drop you some bonuses for testing our platform and sharing your feedback! Contact us here on TradingView or any other way that is convenient for you
March 20 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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Bitcoin 30 minute chart.
It is an arrow movement path one-way long position strategy.
No danger signs so far.
It is just before an uptrend.
The strategy was carried out in line with the Nasdaq movement.
*In arrow movement path
Long position strategy.
1. $28131.5 entry into long position / stop loss when breaking the green support line
-> 1st target of 29131 dollars -> 2nd target of 30070.5 dollars
If it goes down to the green support line today, it could end with a sideways move.
Please pay attention to the Nasdaq movement.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.