Bitcoin Bybit chart analysis March 10

yesterday

Hello
It's a Bitcoinguide.

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This is the Bitcoin 30-minute chart.

There is no Nasdaq indicator announcement today.

The trend has been brought forward by one hour due to the application of US Daylight Savings Time.

If only the Nasdaq low is not broken and
It moves sideways, there will be no crash in Bitcoin.

I created today's strategy based on the Gap9 section retracement at the top.

*When the blue finger moves,
It is a two-way neutral strategy.

1. 81826.5 dollars long position entry section / stop loss price when the blue support line is broken

2. 86234 dollars long position target price

After that, from section 1 -> 87428.5 dollars -> Great
As indicated, it would be good to use short->long switching.
Up to this section, it seems more advantageous to liquidate long and then re-enter long than short. (Tether Dominance 4+6+12 MACD Dead Cross Possibility)

The center line of the Bollinger Band daily chart
is the final short position switching point.

(Approximately $90,418)

If the Bottom section is broken today according to the movement of Nasdaq,
Bit will also break the previous low point
and it may fall strongly to 3 -> Gap7.

For those who can check the drawing section,
I have marked today's major rebound section near Gap7, so please refer to it.

Up to this point, please use my analysis as a reference only

Please operate safely with principle trading and stop loss price.

Thank you.

6 hours ago

Trade closed: stop reached

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on March 10th.



This is the Nasdaq 30-minute chart.
The main sections are marked with black fingers.

In the sky blue finger short->long->short switching strategy,

the first section at the top is the short entry section,

without touching it,

as soon as the Nasdaq market opened at 10:30, it fell vertically.

The 19,098.9 points marked at the bottom

are moving sideways after the blue support line was damaged.

In the case of Nasdaq recently, it is difficult to find an entry position except for a chase short,
and the plunge continues without any waves or short entry positions.

The 18,413.4 point section at the very bottom

is the Bollinger Band weekly support + monthly central line.

This is the major support line that I expect,
and the MACD dead cross on the monthly chart is currently being pressed down.



This is the Bitcoin 30-minute chart.
I marked the main sections with black fingers.

Blue fingers
In the long->short->long switching strategy,

after entering a long position at $81,826.5,

purple -> blue support line breaks away

the strategy is to cut losses.

After touching the resistance line on the Bollinger Band 1-hour chart,
Bitcoin, which was moving sideways, coupled with Nasdaq at 10:30,

and fell to the 3rd section at the bottom without any entry position.

This week, the position of the major support line changed. The 75,459.5 dollars shown at the very bottom is the major rebound zone this week, but
the Nasdaq movement is the most important.

I am analyzing it diligently every day,
but I am ignoring all the patterns, waves, and signals,
and since the forced coupling with Nasdaq is in progress,
there is actually no need for analysis.

The most important part at this point is
the Nasdaq market recovery due to the compromise in the US market,
or the decoupling of Nasdaq and Bitcoin.

I wish Bitcoin would move independently,
but it is very difficult due to the forced listing on the US futures market.

Despite the difficult situation, many people are cheering me on,
so I will run hard until the end.

I will continue with the full disclosure today as well.

Thank you.