Bitcoin bybit chart analysis June 7

Jun 7, 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.


*In arrow movement path

1. Entry into long position at $26754.5 / stop loss when breaking the purple support line

$28269 long position target


Extreme cross protection in case of failure to break through the orange resistance line

If it fails to break through the red resistance line, we expect a sideways movement to the right.


It would be nice to operate simultaneously with major altcoins on the spot exchange.


My analysis is for reference only.

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


thank you

Jun 8, 2023

Trade active

Hello
it's a BitcoinGuide.



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

Arrow -> In the light blue finger movement path
After creating a downtrend
A strong vertical drop occurred.

It was not a whip-saw condition, and there were no important indicator announcements.

Patterns from broken state to daily chart MACD dead cross
imprinted.

After a tedious rebound to the right,
A strong adjustment came out after a long time.




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

Arrow movement path After entering long position at $26754.5
Finish with a right-hand sidewalk

Without any other wave, as the candle is created to the right
Because it broke away from the purple support line

The strategy is active processing.

It seems that the rebound did not come out due to the influence of Nasdaq.
Against the NASDAQ, it held up well
Because it is a place where a strong rebound can come out if you protect it
We proceeded with active processing.

Since the fluctuation range is not large, those who are maintaining long positions
I think it would be better to keep the stop loss based on the current low.

4 hours 6 hours MACD dead cross pressure
I think you should hang it safely.

Check out the full details

see you in a while


thank you