April1 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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If my analysis is helpful,
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Bitcoin 30-minute chart.
There will be a Nasdaq index announcement in a little while at 11 o'clock.
The beat showed a gap retracement, but
The medium-term pattern is broken.
It's a place where you can keep shaking it up and down.
In the case of Nasdaq, a large gap was created at the bottom.
Because the beat is also rebounding from an ambiguous position.
We proceeded with our strategy as safely as possible.
*Red finger movement path
Long position strategy
1. $68701.5 long position entry zone / stop loss when breaking out of the light blue support line
2. $70,954 long position 1st target -> Top section 2nd target
Because the MACD deadcross was imprinted on the 12-hour chart a while ago.
It was judged that a strong rebound all at once would be difficult.
After reaching section 6+12
I plan to watch the rebound until early morning.
The convergence zone of the purple support line, green support line, and orange resistance line is
It's a sideways market.
Because you can move it up and down and shake it bigger or smaller.
We do not operate short positions separately.
Until I find the place I know and the place I want.
It seems advantageous to wait.
I wish they had uploaded it right away in 1+4 last week.
It's very disappointing.
Instead, those who are long at 61.5K
I think you still have some spare time.
Even if it's frustrating, I think it would be good to look at it a little longer.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
