March 18 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
Beat's short-term pattern is broken.
I thought I might miss the entry point.
We operated aggressively.
*Red finger movement path
Long position strategy
1. Chase buy at $68077.5 / Stop loss when the green support line is broken
2. $71452.5 long position 1st target -> Good 2nd -> Great 3rd
Section 1 at the top and section 2 at the bottom are sideways markets.
It is best if it is supported within the purple support line.
Because of the possibility of extreme sideways trading, I deliberately set the stop loss with a little more room.
There are two more support zones up to the green support line.
There is a possibility of further decline from the point of departure.
Do not touch the 2nd section of the light blue support line.
This is good for long positions.
Please note that my analysis up to this point is merely for reference and use.
Please operate safely with principled trading and stop loss required.
thank you
Mexc
March 15 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
It's been a while since I've had a scary adjustment.
Just like I waited for 36K before
I think most people are thinking of a major rebound in section 2.
However, the beat is difficult because it does not come down to the desired position.
The current position has some justification.
The MACD deadcross on the daily chart was engraved.
Nasdaq does not release indicators.
In the case of tether dominance, it rebounded to where I wanted it to be.
You might think I'm crazy in a place like this, but
I have a long position strategy.
*Red finger movement path
Long position strategy.
1. $66,205 long position entry area / stop loss when breaking out of the purple support line
2. $71,457 long position 1st target -> Good 2nd target -> 3rd Great section
Although the Nasdaq is rebounding
We believe it is difficult to rise from the current position in one go.
I bet on a rising wave once.
It may come down to $66,205.
We proceeded as safely as possible.
Starting from section 2 at the bottom is the 12+ daily major support line.
It can be pushed up to the bottom,
If the vertical decline continues today or there is a clumsy rebound
It may drop to $56,989.5 over the weekend.
Section 1 at the top is a downward trend line.
If we break through this section today (orange resistance line)
The likelihood of an upward trend again increases.
If that happens, the pattern will not be broken at 6+12.
It is possible to succeed in rebounding,
I think it would be good to manage it well in real time to see what happens.
Please note that my analysis up to this point is merely for reference and use.
Please operate safely with principled trading and stop loss required.
Thank you for your hard work this week.
thank you
March 14 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement today at 9:30.
As you can see
This is a position with a very high possibility of variables and sideways movements.
The MACD deadcross on the 12-hour chart was engraved, but
Currently touching the center line of the 2-hour chart
Because the pattern is broken, there are more variables.
Purple finger on the left $72,994
Let's connect today's strategy from yesterday's long holding.
*Sky blue finger movement path
It is a two-way neutral strategy.
Short->Long switching strategy
1. Short position entry area of $73721.5 / Stop loss when the orange resistance line is broken
2. Long position switching at $71012 / Stop loss when breaking out of the light blue support line
Afterwards, follow the long position trend by modifying the stop loss.
If adjustments are made immediately at the current location
Touch section 1 and have the possibility of extreme lateral coverage.
(Orange resistance line / green support line convergence zone)
After breaking away from the green support line,
If the coordination is strongly connected,
At the bottom, $71012 is the rebound zone where the 4+6 pattern is restored.
(long position waiting period)
Although it is currently the least likely
When the orange resistance line is broken,
A strong decline may occur near the top (from yesterday’s perspective).
Please pay attention after tomorrow.
If the sideways trend continues to lengthen
Because the daily chart MACD deadcross can be connected
Sideways movements and corrections may continue.
In general, positions with many variables and a high possibility of sideways movement are
Like two days ago, at the top or bottom
The best way is to wait.
Sideways movement literally means that the range of up and down fluctuations is small.
If you enter in the middle, it can be very painful.
If trends are connected, losses can be large, so be careful.
This is an area where short-term trading is more advantageous than trend trading.
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
March 13 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
It broke the previous high again this afternoon.
6-hour central line touch -> When the mid-term pattern is broken
The pattern recovered by touching the 6-hour resistance line, but
When looking at past movements
Unable to touch the daily chart resistance line
A strong decline occurred.
When the pattern is restored and raised strongly,
There are two cases where the pattern is broken and it is gradually raised.
So far, it appears to be the second movement.
We have created a strategy for that.
*Red finger movement path
Long position strategy
1. $72,994 long position entry zone / stop loss when breaking out of the purple support line
2. $76,407 long position primary target -> Great section secondary target
Section 1 shown at the bottom is a sideways market.
When falling vertically from the current position
Bottom section -> Open up to number 2
Section 2 is where the 6+12 pattern is restored.
Also, if the rebound succeeds today,
Bollinger Band daily chart resistance line up to the position marked in purple.
On the condition of not touching
The position closest to the Top or Great section becomes the short position switching section.
I am waiting for the pattern to recover due to a large downward rebound.
There may be an extreme horizontal guarantee without any movement today.
Please refer to it
Please operate safely with principled trading and stop loss required.
thank you
March 12 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq CPI announcement at 9:30 tonight.
After MACD dead cross imprint on 2-hour chart
3, 4, 6, 12 Dead Cross At pressure points
The pattern is maintained without being broken.
It is difficult because the possibility of sideways movement is high and there are many variables.
In the morning, I took a long position on Purple Finger at $71658.5.
It seems like the best entry point for today.
I thought about many things, but
We proceeded in the safest way.
*Sky blue finger movement path
Long position strategy
1. Entering long position at $72222, stop loss when breaking out of the green support line
2. $73726.5 long position 1st target -> Top section 2nd target -> Great 3rd target
If it rises awkwardly
Because the downward signal may continue to be pressed again after tomorrow.
Adjustments may occur.
Section 1 at the top is the short position operation section.
A breakout can immediately lead to an upward trend.
The second section at the bottom is a sideways section.
If you come down to this section,
There is a possibility of further decline after tomorrow.
Because the upward trend is still strong
Since there is no downside perspective, rather than contrarian trading,
It is correct to operate by trend following.
Please pay attention to Nasdaq movements.
Please note that my analysis up to this point is merely for reference and use.
Please operate safely with principled trading and stop loss required.
thank you
March 11 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
As expected last week, the beat
It has finally surpassed 100 million won, well over 70K.
The reason why I did not operate a short position last week when it broke through the previous high is
I think you may have checked it today.
Also, there is no Nasdaq indicator announcement today.
Currently, a 5+15 minute upward pattern is in progress.
The MACD deadcross on the 30-minute chart is slowly decreasing.
I was wondering if I should catch up and buy at this point.
*Red finger movement path
Long position strategy.
1. $71298 long position entry zone / stop loss when breaking out of the green support line
2. Top section $74811 long position target
Section 1 at the top is sideways.
Section 2 at the bottom is a case where there is a vertical decline near the current location.
Since there is no suitable support line after the green support line breaks away.
You must adhere to the stop loss.
If today's strategy succeeds
The next target price is $79761.5 at the top.
Will this upward trend be able to reach the expected 287K?
I will run hard with you all.
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
RVN has the potential to initiate an upward trend.I believe RVN has the potential to initiate an upward trend, dependent on the c ontinuation of the bull market.
RVN is a protocol based on a fork of the Bitcoin source code, with the addition of new features designed to allow entities to issue asset-backed tokens on its blockchain.
However, this feature does not guarantee any price movement or a pump.
Based on my technical analysis and the underlying fundamentals of RVN, the cryptocurrency has the potential to achieve higher price levels.
March 8 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
Wednesday and Thursday continue to move sideways without any movement.
There is a Nasdaq indicator announcement at 10:30 tonight.
There is a high possibility of a sideways move today as well
The dangerous signal has disappeared
Because in the case of tether dominance, it is a condition of vertical decline.
There was a risk of missing the entry point, so I proceeded aggressively.
*Red finger movement path
Long position strategy
1. Chase buy at $67298 / Stop loss when the purple support line is broken
2. $68,870 long position primary target / top section secondary target
Sections 1 and 2 indicated are extremely lateral sections.
Some of the construction sections have changed.
If you drag the analysis text up or down, you can see
You can check major support lines and target prices.
If it ends sideways
Circulation pumping may continue to occur in minor altcoins.
Please refer to it
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 for your hard work this week.
thank you
Push Potential PumpHello
*****Risky trade****
Push is one of the Cryptocurrencies which Binance labs is investing on it and it is not in Binance yet (Kucoin , Mexc , Gate io)
Low Market Cap : $14,305,611
Low Circulation supply : 60,365,125 PUSH
Good chart.
I will buy here and on green levels if we dropped a little and will wait for the rocket soon.
DCA and Dyor Plz.
March 7 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There will be a Nasdaq indicator announcement at 10:30 and 12:00 in a while.
The 12-hour chart MACD deadcross is before imprinting.
The current position is one with many variables, so please check the analysis carefully.
*Red finger movement path
Long position strategy
1. $65,921 long position entry zone / stop loss when breaking out of the green support line
2. $70,920 long position 1st target -> Good section 2nd target
Today's strategy is to ignore the MACD dead cross on the 12-hour chart.
Since the current position has touched the 30-minute resistance line, it is a short position operation zone.
There is a possibility that it will fall from the current position to the bottom.
The important part here is section 1 at the top.
If you cannot touch the 12-hour chart resistance line
The point is that after a downward wave in section 1, it can fall to section 2 -> Bottom.
Like yesterday, this is a position with a high possibility of sideways movement.
Orange resistance line / green support line, extreme sideways protection
Please refer to the red resistance line/light blue support line and the sideways trend.
I hope you operate safely with the principle of trading and stop loss.
Thank you.
March 6 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 12 o'clock tonight.
As you can see, the beat is on the verge of an upward trend.
If it breaks through the red resistance line at the current position
The 12-hour chart MACD deadcross is ignored.
This is a position where you can rise to near the top.
The pattern is also maintained without being broken.
In case of tether dominance,
This is because there is no room for shorting and it is a section where some degree of rebound is possible.
Keeping in mind the possibility of a sideways correction from the current position,
I did not operate a chasing long position because it was unreasonable.
*Sky blue finger movement path
Short->Long switching strategy
1. $68,870 short position entry zone / stop loss when touching the resistance line on the 12-hour chart
(At this point, this is the roughly displayed Stoplossw)
2. Long position switching at $61,991 / Stop loss when breaking out of the light blue support line
From the orange resistance line
It is a sideways trend up to the green support line in section 1 at the bottom.
It can be dangerous once it breaks the red resistance line.
I hope you operate safely in both directions.
Please note that my analysis up to this point is merely for reference and use.
Operate safely with principled trading and stop loss required.
thank you
March 5 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 12 o'clock tonight.
The beat is just before breaking through to the highest point in the Heaven section.
Some of the patterns have been broken, and signals are also being adjusted.
I thought a lot about it.
The possibility is very low, but I hope the strategy works out well.
I conducted a chase purchase.
There is movement while the strategy is in progress.
*Red finger movement path
It is a short position strategy.
Long -> Short -> Long switching
1. $66,941 long position entry zone / stop loss when breaking out of the green support line
2. Short position switching at $69,538 / Stop loss when touching the 12-hour resistance line
3. Long position switching at $63458.5 / Stop loss when the pink support line breaks away
Sideways trading until the green support line,
It is a downward trend to the right up to the light blue support line.
I will omit the details.
Whipsaw strategy at the upper peak.
It is a difficult position with a high possibility of sideways movement.
I hope you operate safely in both long and short positions.
thank you
March 4 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today,
Tether dominance is again a vertical decline condition.
The 6-hour chart MACD golden cross is in progress.
At the top, in the section just before reaching Heaven’s highest point,
This is a chasing long position strategy.
*Red finger movement path
Long position strategy
1. $65040 long position entry area / stop loss when breaking out of the purple support line
2. $66,746 Top section 1st target -> Good section 2nd target
Today, instead of a catch-up buying strategy,
If the purple support line breaks out, a strong correction may occur.
You have to be careful.
The red resistance line/green support line section 1 is a sideways trend.
Also, from the moment of breaking through the highest point Heaven,
It's a place where you can have fun.
Since there is a high possibility of whipsaw, follow the stop loss or modify the stop loss.
Alternatively, it would be a good place to try operating it both ways.
There is a possibility that it will rise safely.
If you drag with the mouse, it will be on top of the whip saw.
I marked it as Great.
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
february 29 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
Beat is also about to break through its highest point.
Depending on the movement today, it may be connected to the whip saw.
This is an important position where adjustments may continue after tomorrow.
The downside is open in tether dominance, but
The up and down waves that moved strongly yesterday also seem suspicious.
There is a high possibility of a sideways move today,
There are many variables, so please read the detailed description carefully.
*Red finger movement path
1. $621631 long position entry zone / stop loss when breaking out of the green support line
2. Top section 1st target -> Good -> Great target section in this order.
The Heaven section at the top is the highest point section.
Because the range of up and down fluctuations is large, the stop loss is set tightly.
You might miss your entry point
I was wondering whether I should chase up or not buy.
We proceeded in the safest and most reasonable manner.
2-hour chart MACD dead cross depending on whether or not it is engraved
The direction appears to be divided.
From Miracle at the top to section 1 of the light blue support line, it is a sideways trend.
I have left the drawing section from tomorrow until the weekend.
I think it would be a good idea to look for it.
Probably before and after breaking through Heaven’s highest point
Because you can be very mischievous,
Be sure to set stop losses in both long and short directions.
Those holding long positions can follow suit by modifying the stop loss.
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.
Have a nice holiday and I'll see you next Monday.
thank you
february 28 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There will be a Nasdaq indicator announcement in a little while at 10:30.
Tether dominance is falling vertically.
I need to catch the downward wave, but I don't know if it will work out well.
Because I might miss the entry spot again today.
We proceeded aggressively.
If MACD deadcrosses on the 3-hour chart, there is a possibility of sideways movement.
If the Nasdaq is falling rather than sideways,
Be careful because the bits can also be coupled together.
*Red finger movement path
Long position strategy
1. $58721.5 long position entry zone / stop loss when breaking out of the green support line
2. $61421.5 long position 1st target -> Destiny 2nd target -> Miracle 3rd target
While working on some strategies
The target price at the top has been lowered slightly.
Good section at the top, up to the green support line section
It's a sideways market.
Bottom section when falling vertically from the current position
You can deviate from section 1 to section 2 starting at dawn or tomorrow.
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
february 27 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is an indicator announcement at 10:30 and 12 o’clock tonight.
I missed the entry point yesterday
I focused more.
As a correction occurs around the resistance line on the 1-hour chart,
There can be one wave once.
1-hour chart MACD deadcross in progress
So far, the pattern has not been broken and there is an upward wave.
Also, Tether dominance is falling vertically.
The daily + weekly chart is touching the Bollinger Band support line.
You need to be careful as this can be an element of pranks.
*Red finger movement path
Long position strategy
1. $56,295 long position entry zone / stop loss when breaking out of the green support line
2. $58710.5 long position primary target -> Good -> Great-> $62421.5
Target in order
Because you may miss the long position entry section.
We proceeded tightly.
If you hold it near the green support line,
This is advantageous for long positions.
If you leave, it's okay today, but from tomorrow onwards.
There may be a further decline, so it would be good to keep this in mind.
I ask that you only use my analysis as a reference and use up to this point.
I hope you operate safely with principled trading and stop loss required.
thank you
february 26 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 12 o'clock tonight.
4-hour chart MACD dead cross engraving in progress
With the Gap retracement of $51,000
Since it is the end of the month, there is a high possibility of sideways movement.
It is a place with many branching points.
When the pattern is partially broken
We tried to proceed as safely as possible.
*Sky blue finger movement path
One-way long position strategy
1. $50158.5 long position entry zone / stop loss when breaking out of the light blue support line
2. $51771 long position primary target -> Top $52362.5 secondary target
Section 1 at the top is a sideways section.
Until the orange resistance line/green support line converges
Please note that extreme sideways trading may occur.
Because the rebound can continue from the current position
There was no separate short position operation.
According to the pattern, it is a long waiting strategy at today's major support line.
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
february 23 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
The MACD deadcross on the daily chart is being imprinted.
There seems to be a high possibility of a sideways move today as well.
We created the most realistic strategy.
*Sky blue finger movement path
It is a two-way neutral strategy.
This is a short -> long switching strategy.
1. $51461 short position entry zone / stop loss when the orange resistance line is broken
2. Long position switching at $50804.5 / Stop loss when the green support line breaks away
3. $52026 long position primary target -> $52325.5 secondary target ->
52898 Good 3rd target
Section 1 at the bottom is the support line section of the 12-hour Bollinger Band chart.
You need to be careful because the support line at 9 PM may open after a while.
If you get off at your current location before 9 o'clock,
This will be a major rebound period.
But as you all know,
This is because Bitcoin has a tendency not to fall to the desired level.
I just marked it.
Section 1 opens,
If it falls slowly, it can lead to the bottom.
It may continue to flow after tomorrow, so be careful.
Please note that the main sections are summarized from a mid-term perspective.
Please keep in mind that my analysis up to this point is merely for reference.
Principle trading, stop loss required
Please operate safely.
Thank you for your hard work this week and I will see you next Monday.
thank you
february 22 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
There is an indicator announcement at 12 o'clock tonight.
It's been a while since I've done an analysis, but it's a very difficult position.
There is a high possibility of sideways movement, so pay attention to major sections.
*Sky blue finger movement path
Long->short switching strategy
1. $51539.5 long position entry area / stop loss when breaking out of the purple support line
2. Switching short position at $52898 / Stop loss when breaking the red resistance line
3. Switching long position at $51003 / Stop loss when breaking out of the light blue support line
Section 1 at the bottom is a sideways market.
In case of vertical decline from the current position, the displayed Bottom section is
This is today’s major rebound section on the 12-hour chart.
In the case of Bitcoin, there is pressure on the daily chart MACD deadcross.
In tether dominance, there must be a vertical decline from the current position.
You can succeed with your Bitcoin strategy.
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
february 8 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
I'm late in posting the analysis because I have something important to do.
sorry.
Nasdaq is releasing indicators at 10:30.
In the case of Tether dominance, there is a possibility of further vertical decline.
If nothing special happens today, the likelihood of a plunge is low.
We implemented a strategy based on the rising pattern.
*Red finger movement path
One way long position strategy
1. $44428 long position entry zone / stop loss when breaking out of the green support line
2. $45,933 long position 1st target -> Destiny 2nd target -> 3rd Miracle
Section 1/green support line marked at the top is
It's a sideways section.
From the breakout of the green support line to the light blue support line
You may be pushed hard, so be careful. (1+4 sections)
If it does not rise today, there may be a decline or adjustment after tomorrow.
Please be careful.
If you drag up or down in the analysis text,
I have left the prices of the main support and resistance lines from a mid-term perspective.
I think it would be helpful if you could refer to it.
Please use my analysis up to this point only for reference and use.
Please operate safely with principled trading and stop loss required.
Thank you for your hard work this week too.
Happy New Year everyone
We hope you have a great holiday, and we will see you on February 13th.
Thank you for always.
february 7 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
Today's analysis is really difficult because it is only conducted one way.
This week's weekly chart, before and after MACD dead cross imprint
The difficulty level is increasing.
It is a position with many branching points and many variables.
What I left before today’s analysis
The light blue finger at the top is $43,106.5 at the best short spot.
Adjustments are taking place.
I will connect and leave an analysis.
*Red finger movement path
One-way long position strategy
1. $42856 long position entry zone / stop loss when breaking out of the green support line
2. $43413.5 long position primary target -> Top section secondary target
Unlike yesterday, it is a place where it can flow downward.
If the green support line breaks away, the central line candle on the 12-hour chart will fall below, so long positions must be careful.
Conversely, in the case of tether dominance
Because the 2nd, 3rd, and 4th Golden Cross are in progress.
Today's strategy will be successful only if there is an unconditional vertical decline.
Orange resistance line and green support line in section 2 at the top.
The convergence zone is a sideways market.
When leaving the current position, in the green support line section
Yesterday, there was a support line near the long entry point of $42,731.
I worried a lot about missing the entry point.
If you are pushed back, section 1 at the bottom may be pushed back to the center line for about 6 hours.
The bottom spot is the major rebound section.
The probability of success today is very low
I will die along with those who went long yesterday.
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
february 6 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
Overall, there are many variables.
This is a position with a very high possibility of sideways movement.
There has not yet been a 5-minute trend reversal.
Depending on the situation, there is a vertical rise in tether dominance.
Please note that you may be pushed hard.
(Bottom indicated at the bottom -> $41246.5)
At the bottom left
Yesterday, section 3 purple finger entered long at $42,305.
I connected the strategy as is.
*Red finger movement path
Long position strategy.
1. $42,731 long position entry zone / stop loss when breaking out of the green support line
2. $43,707 long position 1st target -> Top section 2nd target
After touching the upper Bollinger band today,
The position of the candle is good and it is the section just before the uptrend.
If the strategy succeeds
Because it can also break through major phonemes
I thought it could be connected to an upward trend.
We did not operate a separate short position.
The stop loss was set tightly.
Please check the 5-minute bar trend reversal.
It is a sideways trend up to section 1 of the orange resistance line/light blue support line.
The long->short strategy that everyone is looking forward to is
If the strategy succeeds
It seemed highly likely that it wouldn't come out today, so I didn't short it.
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
february 5 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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If my analysis is helpful,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
I've been busy all day, so I don't know if the analysis progressed well.
There is a Nasdaq indicator announcement at 12 o'clock tonight.
Bitcoin suffered a Gap retracement in the afternoon.
It's going sideways, but the difficulty level is quite high today as well.
The strategy was implemented under the condition of a vertical decline in Tether dominance.
I also left the variable part in the middle.
I think it would be a good idea to check it thoroughly.
*Sky blue finger movement path
Two-way neutral
It is a long -> short switching strategy.
1. $43085.5 long position entry area / stop loss when breaking out of the purple support line
2. Short position switching at $43503.5 / Stop loss when breaking the red resistance line
Section 1 marked at the top is
This is the final short position switching section.
If it breaks through, it can rise to the top section.
Section 2 at the bottom is sideways.
Bottom->Section 3 is the support line section in order.
Even if it swings sideways this week
It looks like the MACD dead cross imprint on the weekly chart has been completed.
I hope we all work together and operate well.
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