July 30 Bitcoin Bybit chart analysis
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Here is the Bitcoin 30-minute chart.
There is an indicator announcement at 11 o'clock on Nasdaq.
Bit is under pressure from the MACD dead cross on the daily chart due to yesterday's movement,
and there are many sections where the mid-term pattern is broken.
There is no wave, and I came with a one-way strategy at the exact middle point.
*When the blue finger moves,
Bidirectional neutral
Long -> Short switching strategy
1. 65,981.5 dollars long position entry section / cut-off price when the blue support line is broken
2. Sky blue finger at the top 68,082 dollars
Long position 1st target -> 2nd -> Top 3rd target.
(The reason I opened up to the Top section is the sudden rebound from the unjustified plunge that occurred yesterday)
After reaching 68,082 dollars,
Short position switching in the final 2nd section depending on the situation
Stop section touches the cut-off price.
If the short position switching is successful,
The final long position switching section after tomorrow
Check the remaining support line colors on the right
I think it would be good to catch it together with me.
I plan to proceed perfectly in one way only
The blue finger movement path explained is the one-way
section at the top.
The 1st section at the top is the short position operation section in case of an immediate rebound from the current position,
but if it breaks through as it is, you can wait for a short position in the 2nd section at the top.
The orange resistance line and the 3rd section of the blue support line at the bottom
are sideways.
And, the Bottom section at the very bottom
is the major support line 12 + day section that everyone knows and is waiting for
As the difficulty of Bitcoin has recently increased,
This easy position does not come down easily,
and I think it needs to be shaken a little more
to imprint the MACD dead cross on the daily chart at once.
If you touch this section today and
even if it rebounds,
MACD daily chart dead cross can continue to press again after tomorrow,
so please check the movement even if an additional daily chart is created tomorrow.
It's been a while since I've published a full analysis article, how is the quality?
I hope it will be of some help to investors.
Up to this point, I ask that you simply refer to and use my analysis articles,
and I hope that you operate safely with a principled trading and stop loss price.
Thank you.
Bybit
July 29 Bitcoin Bybit chart analysisHello
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This is a Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement and Tether dominance is in a vertical decline condition.
A trend is emerging during the analysis.
To summarize briefly,
*When the red finger moves,
One-way long position strategy
1. $69,810 long position entry section / green support line breakaway, stop loss price
2. $71,190 1st target -> Top 2nd target
Only those who are confident in the stop loss price should try the middle short->long switching section.
Operation centered on long positions seems advantageous.
The 1st and 2nd sections at the top are sideways.
Please note that a strong adjustment may be connected from the breakaway of the green support line.
I think it would be good to see the core of the strategy as trend following,
and I was looking at a strong upward trend from the breakaway of the black resistance line.
Up to this point, I ask that you simply use my analysis for reference and use only.
I hope that you operate safely with principle trading and stop loss prices.
Thank you.
July 26 Bitcoin Bybit chart analysisHello
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This is the Bitcoin 30-minute chart.
The parallel line colors have changed somewhat depending on the strategy.
There is an indicator announcement at 9:30 AM for Nasdaq,
and if it is normal,
it should come down to touch the central line of the Bollinger Band weekly chart once.
In the case of Tether Dominance,
only the central line of the Bollinger Band 6-hour and 12-hour charts is touched,
and the mid-term pattern is broken,
so I created today's Bitcoin strategy according to the wave of the vertical decline.
The purple finger section at the bottom left is
the section where I entered long yesterday and am maintaining it.
*Red finger movement path
One-way long position strategy
1. 66,901.5 dollars long position entry section / cut-off price when green support line is broken
2. 68,842.5 dollars 1-shot get -> Top, Good, Great in order, target price for the weekend
The 1st and 2nd sections at the top are sideways,
but if the rebound is successful in section 2 today,
it will be a condition for a strong rise.
Also, if the Miracle section is touched,
it will break through the mid-term downtrend,
and if the black resistance line Top section is broken,
bit can break through the highest point again.
The 3rd and 4th sections at the bottom are support lines for the weekend.
Up to this point, my analysis
please just refer to and use it,
and I hope you operate safely with principle trading and cut-off prices.
Thank you for your hard work this week.
Bitcoin Long/Short-Term or Holding AreaMy daily setup
My trading strategy is to look for opportunities to enter and exit trades based on these levels on a daily basis. It's important to monitor the market closely for any changes in the key levels of support and resistance to get a good exit or entry. I use technical indicators, such as moving averages, order block and volume price to identify trends and potential entry and exit points. If the price approaches the short-term resistance level at 28897.0 (Max) and the moving average indicates a potential reversal, i consider taking a short position with a target exit at the support level at 27190.2 (Max). Conversely, if the price approaches the support level at 27190.2 and the moving average indicates a potential rebound, we may consider taking a long position with a target exit at the resistance level at 28480.0
#BTCUSDT #1h (ByBit) Descending trendline breakoutBitcoin seems to have found bottom and is forming a local uptrend, looks good for bullish continuation after regaining 100EMA support.
⚡️⚡️ #BTC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (13.0X)
Amount: 4.9%
Current Price:
57720.9
Entry Targets:
1) 57411.4
Take-Profit Targets:
1) 60987.5
Stop Targets:
1) 55618.9
Published By: @Zblaba
CRYPTOCAP:BTC BYBIT:BTCUSDT #1h #Bitcoin #PoW bitcoin.org
Risk/Reward= 1:2.0
Expected Profit= +81.0%
Possible Loss= -40.6%
Estimated Gaintime= 2-3 days
July 3 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq index release tonight at 9:30, 11:00, and 3:00.
The same goes for the Nasdaq rise alone yesterday.
In fact, it excludes Nasdaq and only focuses on Bitcoin and Tether Dominance.
I was focused.
Support line at the bottom
59.4K -> 58.8K (Bottom) -> 56.8K There are only three things left.
If the orange resistance line is not broken by today or this week,
Be careful as it may drop below 56.8K.
Currently, Tether dominance is rising vertically.
That's where we created today's strategy.
*Red finger movement path
One-way long position strategy
1. $59,445 long position entry zone / stop loss when breaking out of the light blue support line
2. $62040 long position primary target -> Top secondary target
The core of today’s strategy is Tether dominance.
This is a strategy for whipsaw.
If I don't get it right away, I won't get an answer today.
Sections 1 and 2 indicated are sideways markets.
Even if it maintains without breaking away from the purple support line,
There is a possibility of further decline after tomorrow.
Because it is a strategy for tether dominance whipsaw.
Bitcoin long entry section $59,445 rather than reservation sale
Check the 1-minute or 5-minute candles in real time.
Checking the lower tail or rebound
Please operate with principled trading and stop loss required.
I would like to ask that you only use my analysis as a reference and use.
thank you
BTC/USDTIf the price breaks the May low and fails to hold, we will see a significantly large movement where there are no particular zones, and the price will not stay there for long, resulting in impulsive movements. If, after breaking the May low, we return to this area and maintain the level, it will be a good retest of the weekly closing levels. If we cannot maintain this level, the price will not stop until approximately 54k.
#WLDUSDT #2h (ByBit) Falling wedge breakout and retestWorldcoin regained 50MA support and is pulling back to it, road to 200MA resistance seems next.
⚡️⚡️ #WLD/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (5.0X)
Amount: 5.2%
Current Price:
2.416
Entry Targets:
1) 2.403
Take-Profit Targets:
1) 2.771
Stop Targets:
1) 2.219
Published By: @Zblaba
MIL:WLD #WLDUSDT #2h #Worldcoin #Privacy worldcoin.org
Risk/Reward= 1:2.0
Expected Profit= +76.6%
Possible Loss= -38.3%
Estimated Gaintime= 5 days
July 2 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq index release tonight at 10:30 and 11:00.
Beats are under pressure from the MACD dead cross on the 4-hour chart.
It first touched the lower Bollinger Band and is moving sideways.
There was no short position entry today.
In the case of Tether dominance, it is breaking through a short-term downward pattern.
The combination of the two created today’s strategy.
At the bottom left is a purple finger worth $62,567.
I connected the long position to today’s strategy.
There is no trend and the sideways movement continues.
From an investor's perspective, consider all perspectives from both long and short sides.
I'm dying to even connect it to a strategy.
*Sky blue finger movement path
Two-way neutral
Short->Long switching strategy
1. Short position entry area of $62956.5 / Stop loss when the orange resistance line is broken
2. Long position switching at $62153.5 / Stop loss when the green support line is completely broken away
Or, after touching section 1, stop loss when touching the 6-hour central line of the Bollinger Band.
3. $63594.5 long position primary target -> Top secondary target
For those of you who haven't been able to organize your longs since yesterday and are holding them,
In case of immediate decline from the current position
Likewise, in strategy number 2 above, you can maintain a stop loss in terms of touching the green support line and the 6-hour center line.
From the point of breaking the red resistance line,
Because it is near the central line of the Bollinger Band daily chart.
Please note that adjustments may occur once.
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
July 1 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
There is a correction just before the Gap 6 retracement at the top.
It is a position with a high possibility of sideways movement.
There are so many branching points.
To put it simply,
Possibility of NASDAQ moving sideways to the right, Tether dominance mid-term pattern broken.
Up to the possibility of upper gap reversal
Currently, Bollinger Band 30+ is maintained at a narrow level.
It looked like there was plenty of time until the next breakaway section, so I tried to attack the gap.
*Red finger movement path
Long position strategy
1. Entering long position at $62567 / When the purple support line is completely broken away
Or stop loss when touching section 1 at the bottom
2. Gap6 primary target -> Top secondary target
Gap6 section is the central line of the Bollinger Band daily chart.
Depending on the situation, there may be strong adjustments.
Check the intermediate wave as indicated.
I think it would be good to see whether or not it finally breaks out of the purple 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
June 28 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
Nasdaq has an indicator announcement at 9:30.
To summarize briefly and concisely:
Possibility of NASDAQ vertical rise
Bollinger Band 3-hour chart resistance line touched -> uptrend
Bitcoin 12-hour chart MACD golden cross
Accordingly, yesterday in the short->long switching section
Final long position entry section $61431.5
We proceeded with the strategy by connecting the points of view.
It's that guy.
*Red finger movement path
One-way long position strategy
1. Chase buy at $61422.5 / stop loss when the green support line is broken
2. $62672.5 Section 1 (Perfect achieved when target price is reached on the 27th) 1st target
-> Top section secondary target
Afterwards, from Gap to Good to Great over the weekend.
Try dragging it to the top.
Slope to the right until section 1 at the top
Section 2 at the bottom is lateral to the right.
If the bottom seat is lost during the weekend
You can be pushed up to $59,445 in section 3.
Please refer to it
Please note that my analysis is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
June 27 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There will be an announcement of Nasdaq indicators at 9:30 a.m.
Beats were pushed to the support line on the Bollinger Band 2-hour chart today.
Because there was no central line touch for 6 hours.
Vertical rise is incorrect.
Also, the NASDAQ variable is also a problem.
On Nasdaq, there is no vertical decline, only a sideways movement.
Even in tether dominance, the medium-term pattern is broken.
All you have to do is hold on and not break away.
purple finger on the left
Conditions for maintaining long position at $60,709 in section 1 yesterday
I just connected it to the strategy.
Stop loss when the green support line breaks this week.
There are probably people holding long positions.
Without changing my perspective, I will die with you even if I die, and I will live with you even if I live.
*Sky blue finger movement path
Two-way neutral
Short -> Long switching strategy
1. Short position entry zone at $61,708 / Stop loss when the red resistance line is broken
2. Long position switching at $61072 / Stop loss when the green support line breaks away
Number 1 at the top is an upward sloping market, and number 2 is a downward sloping sideways market.
You can touch section 1 directly from your current position.
Adjustments will occur once.
Instead, please note that the long position switching section may change.
The current position is the Bollinger Band resistance line on the 1-hour chart.
Because it is a short position operation period after touch.
If it falls immediately,
You can look at Bottom -> Section 3 at the bottom.
For those who went short near the pink resistance line:
When it breaks through the pink and orange resistance lines, you can view it as a stop loss, right?
My analysis up to this point is
Please simply refer to it and use it.
Please give us a lot of support even in the boring sideways market.
Thank you for participating.
Fighting today too.
June 26 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
Bit touched the resistance line on the Bollinger Band 1-hour chart in the morning.
It touched the support line on the 1-hour chart in the afternoon, but
The pattern was broken as it pushed to the center line of the 2-hour chart.
If it is pushed a little further, it is a dangerous area for long positions.
The current position is in Bitcoin and Tetherdominance.
It's not surprising if something breaks or goes up.
This is a double-edged sword.
I am particularly concerned about sideways trading.
Just like yesterday,
Nasdaq focused only on beats, keeping in mind the possibility of a sideways move.
In the morning, touch the resistance line on the Bollinger Van 1-hour chart.
I already missed the best short position entry point.
Purple finger section on the left
By maintaining the $61,169 long position strategy that was entered into the long position yesterday,
We will continue our strategy without changing our perspective.
*Sky blue finger movement path
Two-way neutral strategy
1. $61384.5 long position entry zone / stop loss when breaking out of the green support line
2. Short position switching at $62672.5 / Stop loss when the orange resistance line is broken
3. Long position switching at $61886.5 / Stop loss when the green support line breaks away
Afterwards, the long position target price ranges from Top to Gap.
It's very difficult to explain.
Section 1 at the bottom is
The condition is not to break out of the support line on the 2-hour Bollinger Band chart.
You have to be careful because you may continue to slide down.
If it maintains without breakaway until this section, it becomes a sideways protection condition.
The biggest question today is whether it breaks through the central line on the 6-hour chart.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading and stop loss required.
thank you
June 25 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
If you look at the purple finger at the bottom,
This was the final long position entry section expected this week.
Purple Finger 58232 is on the rebound after being touched.
As the vertical decline occurred yesterday, the position was pushed back a little more.
There is no rebound this week
If you cannot break through the pink, orange, or red resistance lines at the top
Please be careful as it may be pushed up to the bottom section of 56.8K.
I almost ignored the Nasdaq movement today.
58.2K long position entry zone expected this week
Bitcoin 4+6+12 Golden Cross (Opposite of Tether Dominance)
Gap reversal light at the top
We have a catch-up buying strategy.
Also, recently, NASDAQ non-coupling etc.
It was a hot day and I wasn't feeling well, so I had a hard time concentrating.
If it breaks out of the green support line today
I will take a break from the analysis tomorrow.
*Red finger movement path
Long position strategy
1. $61,169 long position entry zone / stop loss when breaking out of the green support line
2. $64,202 Long Position Primary Target -> Top Secondary Target
The section marked number 1 at the top is an upward and sideways movement.
Section 2 is an upward traverse or extremely lateral traverse.
Due to the pattern, it is best not to touch it.
Section 3 is a lateral crossing to the right,
There is a possibility of further decline to $56866.5 after 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
M Double tops is on the map This is what I'm looking at for BTC at the moment. Double Tops are in the back of my mind, keeping an eye on that neckline. It could be a Higher Low, but there could be a Liquidity grab in the scope, printing a Lower Low.
in overall This is a healthy correction in my opinion. Check the grey % measured from the top to the EMA 50.
Somehow, the good corrections always come with a dose of FUD.
What if... we lose the EMA 50 on the week ? Well then my next stop could be $43568.85 as in a bullish breaker block on a higher time frame.
June 24 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There are no Nasdaq index announcements.
At the bottom, Gap6 showed no retracement with a difference of 5 dollars.
At the current location on Nasdaq
Conditions for an immediate rebound, possibility of an upward trend
In the case of Tether dominance, the short-term pattern was broken.
This is a place where patterns and signals are too confusing, so I'll keep it simple.
There was no retracement of Gap 6
As I explained in the afternoon, the 61.3K rebound section was the spot I was aiming for.
After the touch, I will continue with the long position strategy.
*Red finger movement path
Long, long position strategy
1. $61083 long position entry area / stop loss when breaking out of the green support line
2. Primary target of long position at $63,244 -> Re-entry long position at $62,494.5
Stop loss when the purple support line breaks
3. $64364.5 long position secondary target
Please note that my analysis is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
June 21 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
$63,734 that I left a comment in the afternoon
Bollinger Band weekly chart center line retouch has been carried out.
I have been coupling with Nasdaq since yesterday.
The fortunate part of misfortune is
The fact that Tether dominance did not break the previous high point yesterday
This is where the short-term pattern is broken.
Overall, Nasdaq movements may be the most important, but
We created an aggressive strategy without losing momentum.
*Sky blue finger movement path
Long -> Long re-entry strategy.
1. $63,726 long position entry zone / stop loss when breaking out of the green support line
2. After liquidation of $65367.5 long position
Re-enter long position at $64941.5 / Stop loss when breaking out of the purple support line
Target in order from Top -> Good -> Great section.
in the evening waves
In section 1 marked near the green support line
You can check the floor.
From the bottom to the bottom
You may be pushed back up to section 2, so be careful.
The orange resistance line at the top is a short-term downward trend line.
Pay attention to Nasdaq variables in real time.
Thank you for your hard work this week too.
Please operate safely with principled trading and stop loss required.
thank you
Bullish Triangle Breakout Pattern in SUNUSDT NOW Description:
SUN Coin has recently displayed a bullish triangle breakout pattern, signaling a potential upward trend. This pattern typically indicates a continuation of the prior uptrend, providing a strong buying opportunity for traders.
The key features of this breakout include:
Consolidation Phase: SUN Coin experienced a period of price consolidation, forming a triangle pattern. This phase is characterized by a series of higher lows and lower highs, converging towards a point of breakout.
Volume Increase: As the price approaches the apex of the triangle, trading volume often increases, suggesting heightened trader interest and momentum.
Breakout Confirmation: The breakout above the upper trendline of the triangle is a bullish signal. For confirmation, look for a closing price above this trendline accompanied by increased volume.
Target Price: The target price for this breakout can be estimated by measuring the height of the triangle at its widest point and projecting this distance upwards from the breakout point.
Support and Resistance Levels: Post-breakout, it's crucial to monitor key support and resistance levels. The former resistance line (upper trendline of the triangle) now acts as a support level, while previous highs may serve as resistance.
Trading Strategy:
Entry Point: Enter a long position at or just above the breakout level.
Stop Loss: Set a stop loss slightly below the breakout point or below the former support line to manage risk.
Take Profit: Consider taking profit at the projected target price or in stages as the price approaches significant resistance levels.
Stay updated with the market sentiment and watch for any signs of reversal or false breakouts
June 20 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There are two Nasdaq index announcements at 9:30 tonight.
from the bottom left
If you look at the purple fingers
64.5K long on the 18th -> 65.1K chase long on the 19th
And today is the red finger chase buying strategy.
*Red finger movement path
One-way long position strategy
1. $65,766 long position entry zone / stop loss when breaking out of the green support line
2. $67051.5 long position 1st target -> Top 2nd target -> Good 3rd target
There is no short position operation today.
A vertical decline is underway in Tether dominance.
When the 12-hour chart MACD dead cross engraving is completed
It's a strategy
Sections 1 and 2 at the bottom are rebound sections.
Please note that the further down you go, the more likely it is to move sideways.
Maybe it's because the day is hot
Creating an entry point every day
It seems like it's getting more difficult again.
This is what I continued to explain as I went sideways this week.
Today I will go very simply without further explanation.
Don't forget to follow principle trading and stop loss.
I hope you operate safely.
thank you
June 19 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement.
Yesterday, after touching the center line of the Bollinger Band weekly chart,
Creating an upward trend in a pattern
Bollinger Band 1-hour chart resistance line has been touched.
Yesterday's rebound in section 2 is judged to be meaningful,
From the current location, there is a vertical decline in the case of tether dominance.
Considering the possibility, I think I'll miss the entry point.
I came up with a catch-up buying strategy.
Purple finger at bottom left
$64,580 is the same as section 2 that we entered yesterday.
Strategy connected.
*Red finger movement path
Long position strategy
1. Chase buy at $65,167 / Stop loss when the purple support line is broken
2. Long position target of $67051.5
3. $66624.5 additional long position entry area / stop loss when breaking out of the purple support line
Yesterday, a short position was operated separately.
If today's strategy is successful, there is a possibility that the correction will not be strong.
This is a section where you can't have much fun with a short position.
In case of tether dominance,
Bollinger Bands continue to rebound on the 4-hour and 6-hour charts.
Today, there is a possibility that the central line will be strongly breached within 12 hours.
It appears that it would be advantageous to operate mainly on long positions.
According to the Ichimoku Balance Sheet, only the 30-minute chart is positive.
If it breaks away from the purple support line, it can become a dangerous position.
I set a stop loss at the entry point.
Although the possibility is not high, there is a possibility of a vertical rise in Nasdaq as well.
Section 1 at the bottom is expected to be a sideways trend sloping upward to the right.
The part where you can't feel reassured by touching the central line of the Bollinger Band weekly chart
From the bottom, it's enough until 9 o'clock next Sunday
There is a possibility of retouching, so be careful.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading and stop loss required.
thank you
June 18 Bitcoin Bybit chart analysisHello
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.
There are two indicator announcements at 9:30 tonight.
I really thought a lot about it before the final match.
It is a place with many branching points.
Bottom section that anyone can see at the bottom
It is comfortable to just keep your mouth open at the center line of the Bollinger Band weekly chart.
However, from experience, you will never be taken to such a position, right?
I squeezed it today too.
I've displayed the variables as much as possible, but I'm not sure if it will be conveyed well.
On the left is yesterday's final bottom section.
Purple Finger: Even those who are maintaining a long position of $65,234
Let’s connect the strategies together.
Once you have analyzed it, you must take responsibility until the end without changing your perspective.
*Sky blue finger movement path
Two-way neutral
Long -> Short switching strategy
1. $65089.5 long position entry zone / stop loss when breaking out of the green support line
2. Short position switching at $67604.5 / Stop loss when the orange resistance line is broken
The movement within section 1 at the top and section 2 at the bottom is sideways.
I do not want to recommend it to the green support line.
It becomes a double bottom section,
In the event of a breakout, the price may fall to the bottom.
If you take a detour today and fall slowly without touching the bottom,
Additional support lines are indicated at the bottom.
Please refer to it
MACD death cross pressure is in progress on the 4-hour chart and 6-hour chart.
I thought a lot about whether to ignore it or not.
It is a problem if you touch section 1 immediately without touching the long entrance section.
Stay long at 65K (check the shape of the support line)
If the rebound fails, it can be the best entry point for short position.
It can be directly connected to Bottom at the bottom.
If we ignore it and move sideways instead of coming down, there is a possibility that it will break through to 67.6K.
MACD deadcrosses on the 4-hour and 6-hour charts after 9 p.m.
It is important to shoot upward after engraving.
It's harder to explain
When reaching the short position entry area of $67604.5 at the top
We will remain short and connect the strategy tomorrow.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading and stop loss required.
thank you
June 17 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
Nasdaq is hitting new highs.
The beat continues to fall to the right.
As additional weekly and daily candles were created today,
The best short position was revealed,
I'm still adjusting it.
Last week, in CPI and FOMC strategies
Long -> Short -> Long If you were holding on by connecting a long position at the end
Starting today, we will take a new position.
Section 3 at the bottom is ahead of this week's final adjustment of $63,734.
In a slightly dangerous place
I came with a two-way neutral strategy.
*Sky blue finger movement path
Two-way neutral strategy
It is a long -> short switching strategy.
1. $65,507 long position entry zone / stop loss when breaking out of the light blue support line
2. Short position switching at $67739.5 / Stop loss when the red resistance line is broken
After breaking out of the light blue support line,
If you twist it, you can connect directly to section 3.
For those who are waiting long
Individually, you need to make good use of your stop loss.
Centered around the gap section of $65,755.5 at the bottom
Green support line / Orange resistance line up to section 1
A polar lateral protection may be connected.
If it breaks out of the light blue support line
This week, section 3 is at $63,734.
I think it would be convenient to think of it as the final battle.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading and stop loss required.
thank you