Bitcoin bybit chart analysis April 25

Apr 25, 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.
The Nasdaq move today is very important.

I focused on the Nasdaq movement as much as possible.


*In light blue finger movement path

1. Entry into long position at 27,100 / stop loss when breaking the green support line
(From the breakout of the green support line, the 12-hour support line + daily support line can be connected to the downtrend, so be careful.)

$28611.5 long position target -> After that, please refer to the Top and Great shooting sections.

Orange resistance line 28044 dollars / if it fails to break through section 1
It can be finished with a moderately right-handed sidewalk.

Worst move today is breaking and breaking the green support line or
It is a sideways movement with minimal rebound.


As much as a good opportunity came from NASDAQ


Today at 10:30 / 11 o'clock indicator announcement
It would be nice if there was a big trend.


If the Nasdaq closes sideways without any movement
Please note that the downtrend may continue from tomorrow.

If your strategy works great today

All altcoins can become a bull market
Depending on circumstances, a strong uptrend could be connected in the coming months.


My analysis is for reference only.

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


thank you

Apr 25, 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.

Failed to break through the first pink resistance line
vertical drop progression

A purple finger at the bottom waited
Touch the 12761.5 point Bottom section and
A strong rebound came out to the pink resistance line.

Contrary to the expected timing, late in the morning
There was a gradual decline.

The reason for the rebound after continuing to push down
Bollinger Band 12-Hour Chart Support Line is trending down (downside opening)
This is because the support line on the daily chart was in the form of support.

When the downtrend and the support zone overlap
being pushed down
Successful rebound due to the influence of the support line on the daily chart with strong influence

A 12831.9 point gap section was created at the bottom.
Until this week, there is no reversal of this section
Please note that if a rebound continues, it may be linked to a long-term upward trend.



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

Light blue finger 27100 without touch
A strong rebound is in progress.

marked
Breaking the pink resistance line -> Breaking through the orange resistance line 1st target
We are heading towards the 28611.5 dollar section.

Failing to enter with a difference of 100 dollars
The strategy was canceled.

In the case of NASDAQ yesterday
In the first major wave, it touched the downside first, but
Bit touches the top first
The wave split,

As the Nasdaq continues to push back at the point where a rebound should come out
Bitcoin, which has a fast turnover rate, had a strong rebound first.

I think the stop loss shouldn't be too big
Trying to hold on tight
Unfortunately, I missed the entry point.

Still, yesterday wasn't the only day

Fortunately, the rebound was successful in the place I wanted for a few weeks.
A sea of fire was created in altcoins as well.

with you today
Let's try to find a new entry point.


More details will be sorted out in a moment.


thank you