February 24 Bitcoin Bybit chart analysis

Feb 24, 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.

In the case of Bitcoin
There is no risky signal, but it is a downside when the pattern is broken.
There is a high possibility of extreme cross coverage on the MACD.

We have prepared a more aggressive upward-sloping sideways strategy.


*At the red arrow path

long position strategy

1. $23729.5 entry into long position / stop loss when breaking the green support line
-> $24465 long position target -> Top 2nd over the weekend -> Great 3rd

In the case of extreme sideways movement, pay attention to the purple parallel line.


We proceeded tightly as requested by all of you who are losing money.

If the strategy is successful, in major + miscellaneous altcoins
It seems that there will be a moderate rebound, and it would be nice to operate the stop loss the same.

Please note that the bottom price is a period where the pattern is restored in the medium term.

Please pay attention to the Nasdaq movement.


My analysis is for reference only.

Please operate safely as principle trading / stop loss is essential.


You worked hard this week too.

Have a nice weekend everyone.



thank you

Feb 27, 2023

Trade closed: stop reached

hello





This is the movement after writing the NASDAQ analysis article.
The major sections were marked with a black finger.
Light blue finger movement path -> Select vertical drop

At 10:30, as bad news occurred in the announcement of indicators,
After a strong drop, a second gap was created at the top.

In the case of Nasdaq, the main support line is open.
Lastly, I leave one central line on the weekly chart.

Let's look at it as a whole.



This is the movement after writing the Bitcoin analysis article.
The major sections were marked with a black finger.
Do not ask while coupling with Nasdaq.

After the vertical drop -> reached the bottom indicated
Breaking the green support line, stop loss

23110.5 dollar gap section created at the bottom

The situation is not good for long positions.
Let's look at it as a whole.

see you in a while


thank you