March 23 BTCUSD Bybit Chart Analysis

Mar 23, 2022

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Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.

I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 23.







This is the move after the final completion of Bitcoin on the 22nd.

Yesterday, I linked it with a private analysis post.
If you need it, please refer to the copy.


Check the main section with a black finger

Starting with the top left shot,
It was a long position switching.


According to the Nasdaq strategy,
After entering the long, near the green support line
It was a hold position strategy.



1) $43344 short position entry section / up to $1434 profit section

There was a long position switching seat at the bottom
Individual liquidation or holding short positions while moving sideways.

2) $43096 short position entry section / $708.5 profit section

3) $42398 long position switching section

Without departure near the green support line in the final danger zone
Crossing the entrance section near the main temple.

Yesterday, even those who used the 5-minute trend change in real time
It seems you were

(Just to mention, I'm at around $43,000.
Purchasing in progress)

As the movement split with the Nasdaq as a whole,

Nasdaq has continued to rise/Bitcoin has chosen correction.

Yesterday, the Nasdaq analysis came out perfect.


In this move, after being coupled with the Nasdaq
Deciding to say goodbye,
There was a similar movement at the time of the corona virus in the past.

In the biggest crisis, they eventually went their separate ways.

I liked saying goodbye to Nasdaq
Nasdaq is up/bit is correcting haha

Yesterday, because the Nasdaq movement was good
The domestic stock market is also bullish.

I'll have to watch a little more, but
Under the current circumstances, we judge that we have said goodbye to Nasdaq.

From today onwards, I will try to operate only with Bitcoin centered.


From now on, I can only focus on the beat,
Analysis would be much easier.








4 hour chart.

Today's approximate top price and bottom price are displayed.

It felt like I said goodbye to Nasdaq, I liked it
I have reached another hurdle.

Conditions for strong departure today

4 6 12 MACD Dead cross press / Big decline.
Or , Even if the rebound is successful, a whipso may come out.


around the purple support line

Red up / light blue down movement path check


(The pink line / the green line at the bottom
I will explain in the analysis.)

I have created a trading strategy for the day.








This is a 30-minute chart one-way neutral strategy.

Please note that some major parallel lines have been changed.



It's a difficult position, but I feel refreshed because I'm ignoring the NASDAQ.

Still, just in case, there may be a big move at the 9 o'clock index release It was focused.


Purple support line is today's approximate lifeline

(The pink line I was going to explain above was messy, so I removed it and focused on the purple line)

A breakout may be associated with a downtrend.
Please refer to each position for long and short.

Two blue fingers at the bottom

Today's major support lines 1 and 2, the last pattern is an unbreakable life line.

Clumsy rebound -> 12-hour chart MACD dead cross
Please note that it may drop to the bottom.


Looking at it now, it doesn't seem like there's a lot of upside-down fluctuation.

Today's Top High / Bottom Low The fluctuation range is about 4000 dollars haha


* When the red arrow moves

Long -> Short -> Long Switching Strategy

The trend in the middle was omitted.

Only talented people take care of them


1) 42116 long position entry section / Stop loss price when the purple support line is broken

2) $43929 long position target and short position switching section / Stop loss when the green resistance line is broken

Strategies for falling sharply to the right and/or for a whipsaw.


3) Near $42,667, from closing short positions, switching to long positions, or writing analysis articles, until waiting for no positions


This is today's strategy.

There may be a big drop today, so stop loss is essential


Those who operate a long-term trend, check whether the purple is broken today.

Depending on the situation, you may want to try re-entry after liquidation.

In the spot exchange, after the major altcoin is liquidated, will it re-enter or maintain its position?


My analysis is a delusion, so please take it for reference only.

As always, don't forget to buy in principle / stop loss is essential~


Thanks for reading.

Mar 24, 2022

Trade closed: target reached

Hello

It's a Bitcoin guide.

We will check the movement after writing the analysis on March 23rd.






This is the final finish

First, in the lower left corner, I started with a long position,

I ended up with a strategy against the red top/whipsaw.


Check only the main section of the light blue finger for the variable




It's a move after that.

I marked the main sections with black fingers.


It finished right upwards without any movement.

There was no movement at 9 o'clock.

I made a strategy up and down hard,
Finished right upwards without any major fluctuations. haha


* $42044 long position entry section / up to $43306
The maximum profit is $1250.

Since there are few waves, I could not reach the top section (whip saw).

It ended at the red resistance line.

When a trend appears on the Nasdaq, it moves along with it.
Each of them went their separate ways.

It sure looks like goodbye NASDAQ.

Am I still right? I think I saw it
Analysis is much easier.


An additional candle was created today,
Those who are aiming for a short in the whip saw can give up.



I hope you have a nice day.

thank you.