BTCUSD Bybit Chart Analysis May 24

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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 May 24.

After writing the analysis on May 23rd, this is a movement.

More details are provided in the comments.


Bitcoin 30 Minute Chart

I marked the main sections with black fingers.
The sky blue finger section I marked
From $30338 to $29234 Gap Reversal

Nasdaq goes sideways after Gap retracement
Bitcoin fell strongly until the Gap retracement.

Based on counting, it is making 1113.5 dollars.

It was completed neatly until the gap return,
I'm watching the Nasdaq.

Congratulations to all who made a profit.

It looks like it'll be fun today, so let's take a look at it in general.

This is the Nasdaq 30-minute chart.

As I concentrated, I analyzed this.

Around the maximum green support line
It's a big long strategy.

2, 3 hour chart MACD dead cross is uncomfortable, so please refer to it.

The rationale for the long strategy is
*Upper gap / daily chart MACD Golden Cross / 1:20 indicator announcement.

around the maximum green support line
Even if the indicator presentation is not good, it is upward

In the case of great success, we expect to advance to the Great section.

It has been substituted for Bitcoin.

Bitcoin 4 hour chart.

Approximate top price and bottom price are displayed.

around the green support line
Check the red up/light blue down movement path

I made today's trading strategy.

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

6 hour chart MACD dead cross is pressing

It's not a very dangerous sign.
While walking sideways, check the possibility of being engraved.
According to the pattern, it should fall one more time, but
only focused on the Nasdaq movement.

30 minutes 1 hour 4 hours Because the luck is thin
It is a strategy for the possibility of rising without adjustment.


The variable is today's Nasdaq indicator release or
The Nasdaq could be on a downtrend from the current position.
Pay attention to the bottom section, the finger at the bottom.


* When the red arrow moves

Long -> Short -> Long Switching Strategy


Start with the first long

1) $30489 short position switching section / Stop loss when the green resistance line is broken

2) $29117.5 long position switching section / Stop loss when deviating from the green support line


If only the purple parallel support line does not break today
There is a possibility that it will rise to the top section, so please keep that in mind.

If the strategy is successful

Altcoins can become a sea of ​​fire,
For spot exchanges, pay attention to the timing of entering long positions and the movement of Nasdaq.


My analysis is for reference only.

Principle trading / Stop loss is essential, I hope you operate safely.


thank you.

Trade active:

Hello

It's a Bitcoin guide.

I will check the movement after writing the analysis on May 24th.

This is the move after the final closed of the Nasdaq.

I marked the main sections with black fingers,
Yesterday, the junction was clearly divided up and down.

*Upward Gap + Daily chart MACD Golden Cross
*Downside was a 4 6 12 MACD deadcross collapse.

According to the indicator announcement at 1:20,
For a rebound at the current position or a major rebound from the bottom
It was a win.

Unfortunately, I have shown

Red resistance line / green support line
The extreme sideway move has been completed.

Bitcoin 30 minute chart.

I marked the main sections with black fingers.

Like the Nasdaq,
Finishing the pole sideways without breaking the green support line.

From the 23rd Gap retracement to the breakout of the green support line
Those who are maintaining a long position
You may be making a profit.

or at the green support line,
Those with long catches seem to be able to get off to a good start.


Let's take a closer look today.

I'll see you later.


thank you.