March 15 BTCUSD Bybit Chart Analysis
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Only 30 Min chart ,
In real time, you can check major sections and move,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 15.
After Bitcoin's last comment, it's a move.
More details are in the comments.
Please check.
Check the main section with a black finger.
Marked , light blue finger $38653.5 long position entry section
It is a profit section of up to $869.5 from the top price.
Breaking the blue support line
Because the danger zone was open up to the purple support line at the bottom
It wasn't my favorite move.
After a strong rebound,
Following the Nasdaq movement, back in place.
Because the Nasdaq is in a situation where the previous low was broken due to yesterday's movement.
We are open to the next support line.
For the time being, depending on the situation, short-term trading seems advantageous.
I'll take a closer look at the whole thing.
Nasdaq US100 4-hour chart
(The last 6 hours support line was touched, and the downside was open.
Just before the downtrend.)
Today's approximate Top and Bottom prices are displayed.
Based on the purple support line / After the indicator release at 9:30 pm
Red up / sky blue down movement path check
Today's direction seems to be decided.
The bottom section at the bottom is based on the main bar chart.
After a downtrend, this is the lower tail section.
If you look at the purple support line section as the major support lines 1 and 2,
I think it would be good
4 hour chart.
Today was very difficult.
There is no proper support line on the Nasdaq.
It's on the verge of a downtrend, so I don't know where to focus on Bitcoin.
I was worried.
Today's approximate Top and Bottom prices are displayed.
around the green support line
Check the red up/light blue down movement path
If you fall all the way to the bottom today
This is a major support line. (Section 1)
In the case of the sky blue support line, it will be a downward-right / ambiguous spot.
Created a trading strategy.
This is a 30-minute chart one-way neutral strategy.
It is a strategy that focuses on the announcement of the indicator at 9:30.
* When the red arrow moves
Long -> short -> long switching strategy.
holding a long position,
Looking at the Nasdaq flow, the possibility of an upward trend is high,
Including conditions that can be raised strongly in Bitcoin,
I started with the first long position.
1) Starting with a long position at $38795
2) Because it is a short 40167.5 dollar, there is not a lot of space to eat.
$39611.5 Long position entry section / Stop loss price when the purple support line is broken
3) $41136.5 long position target and short position entry section / Stop loss when the red resistance line is broken
4) $38642.5 long position switching / Stop loss when the green support line is broken
After that, check the Nasdaq movement, and if the rebound is strong
Maintaining long positions / switching to short positions in case of a clumsy rebound
In the current situation, I do not want to recommend a spot exchange.
In this case, while operating tight stop loss
It's not bad for short-term trading.
Depending on the strategy, only when entering the long position
Minor Alt -> Major Alt Switching Highest point to cash
I think you can try running it.
Principle trading / Stop loss is essential, I hope you operate safely.
thank you.