Bitcoin bybit chart analysis January 31

Jan 31, 2023

Hello

It's a Bitcoinguide.

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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.

In the case of Bitcoin
There is no danger signal, and the pattern is broken, but it is a condition for a rebound.

Same as yesterday, I will go long position again.


*In arrow movement path

One-way long position strategy

1. $22870.5 long position entry section / stop loss when green support line breaks / $23189.5 long position 1st target -> Good final target


In case of a correction or further decline, pay attention to the Gap3 section.


My analysis is for reference only.

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


thank you.

Jan 31, 2023

Trade closed: target reached

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

along the arrow path,
Without breaking the purple support line -> Breaking through the orange resistance line

Up to the marked target, finish to the right.



Bitcoin 30 minute chart.
The major sections were marked with a black finger.

After entering the long position at $22870.5,
First target reached / exploited.

On February 2nd, at 4:00 am, there is an interest rate announcement on the Nasdaq.
Let's work hard to strategize.


thank you.