May 19 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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If my analysis is helpful,
Please would like one booster button at the bottom.
This is the Nasdaq 30-minute chart.
There is no separate indicator announcement today.
The 12-hour chart MACD dead cross is in progress.
The blue finger is short->long or if it goes down right away,
the purple finger is a long waiting strategy.
Since the morning, the blind decline has been in progress,
and the short-term pattern is broken.
The bottom section is about 6+12 sections,
and it is today's major support line.
I applied it to Bitcoin as it is.
This is the Bitcoin 30-minute chart.
It is being adjusted strongly as it is coupled with Nasdaq.
Based on Tether dominance,
If the current low is broken,
It is a position where it can be pushed strongly.
* When the red finger moves,
It is a one-way long position strategy.
1. 102,192.1 USD long position entry section / stop loss price when the green support line is broken
2. 104,866.1 USD long position 1st target -> Top 2nd target
The 1st section of the purple finger at the top
Is the best short position entry section of the day.
If it does not touch, it will fall vertically,
So if it goes down right away without touching the 1st section
It can be pushed to the bottom -> 2.
The danger signal has passed, but the problem is when it couples with Nasdaq.
The 2nd section at the very bottom is the 12+ daily support section,
and will be today's major support line.
Last week, many people pressed the booster,
so I'm leaving it as a public post today as well.
Up to this point, I ask that you use my analysis for reference and use only,
and I hope that you operate safely with principle trading and loss cuts.
Thank you.
