Bitcoin bybit chart analysis May 31

May 31, 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.

No matter how you look at it, the trend is hard to come by today
I displayed the entry section by time zone and tried the trick.

The 12-hour chart MACD dead cross is pushing
Since I was forced to come down near the Gap retracement,

We have prepared a strategy within this section.



*In light blue finger movement path

long position strategy

1. $26683.5 entry into long position / stop loss when breaking the light blue support line

Possibility of extreme transverse protection in a strange shape when maintaining the purple support line in the middle.

Because it opens downward from below the light blue support line.
It may continue to decline after tomorrow.


Intermediate wave is autonomous section -> Long position target at $27653 after sideways movement

It is the second target of $28,202 in the final top section.

I don't know if it's possible.

Nasdaq 11 o'clock indicator announcement
Please pay attention to the movement of tether dominance.


My analysis is for reference only.

I hope you operate safely with principle trading / stop loss essential.


thank you

May 31, 2023

Order cancelled

Hello
it's a BitcoinGuide.



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

Light blue finger 14293.9 After long entry,
Extreme sideways finish within the red support line.

The main pattern is maintained,
The 12-hour chart MACD dead cross is in progress.



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

It does not come down to the light blue finger gap section
Extreme horizontal finish within up to 500 dollars with up and down fluctuation width.

The strategy was canceled.

with minimal vibration
The boring movement continues.
June is a new beginning, so let's run hard.

I'll take a look at the whole thing in a moment.


thank you