April 10 Bitcoin Bybit chart analysis

Apr 10, 2023

Hello

It's a Bitcoinguide.

If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.

If my analysis is helpful,

I would like one booster button at the bottom, please.





Bitcoin 30 minute chart.
It is a one-way long position strategy.

when looking at the overall situation
A sideways move is likely until Wednesday's CPI.

There are no important indicators announced today.
Since there is no big wave, I organized it in a moderately upward rebound.

Please remember this week's Gap section at the bottom of $ 27873.



*In light blue finger movement path

long position strategy

1. Entry into long position at 228,234 / stop loss when breaking the green support line

228749 long position target -> Top $29040 2nd target


Because there has been little movement since last week
Analysis is not easy.


My analysis is for reference only.


I hope you operate safely with principle trading / stop loss essential.


thank you

Apr 10, 2023

Trade closed: target reached

Hello
it's a BitcoinGuide.



This is the movement after writing the NASDAQ analysis article.
The major sections were marked with a black finger.

The US market was closed last week.
It was a place with many diverging points while continuing to move sideways.

On the arrow movement path -> After touching the bottom section with a light blue finger,
Extremely horizontal finish until the V-shaped rebound.

It reached the middle line of the Bollinger Band 4-hour chart again.

Daily chart MACD Deadcross pressure continues.



This is the movement after writing the Bitcoin analysis article.
The major sections were marked with a black finger.

After entering long position at $28234 for the first time
28749 -> Top 2 target reached

indicated,
A rebound came out near the pink resistance line.

The strategy is ripe.

It's been a while since the trend came out.
I think the next target will be around $30535.5.

The atmosphere is looking good so far.
We will run hard to CPI.

I'll see you in a minute.


thank you