BTCUSD Perpetual Contract
Long
Updated

Bitcoin Bybit chart analysis FEBURARY 27

444

Hello
It's a Bitcoin Guide.

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You can receive real-time movement paths and comment notifications on major sections.
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Please click the booster button at the bottom.


snapshot


This is a Bitcoin 30-minute chart.

On the left, the pink finger connects the strategy to the long position entry point, $67,026.1, which was entered on the 26th.

*The long position strategy is established before and after the red finger touches the first section of the purple finger at the top.

(The Nasdaq is falling in real time, so please be sure to set a stop loss as this can be risky.)

1. After confirming the touch of the first section of the purple finger at the top, switch to a long position at $66,793.7 at the red finger. If the green support line is broken, set a stop loss. (The stop loss is the same for those holding a long position at $67,026.1.)

2. Long position initial target at $70,304.1 -> Top, then Good. If the strategy is successful, $68,896 is the target for re-entry into the long position.

Switch to a short position when the price reaches the top of the daily candlestick before tomorrow's formation (Bollinger Band daily chart resistance line).

If the price falls immediately without touching the first purple finger at the top,
then the final long position is waiting at the second section, $65,390.5.
If the light blue support line is broken, the stop loss is the target.

Below that, the open range is from the bottom to the previous low, $61,241.8, so
please refer to it.

Please use my analysis to this point for reference only.

I hope you operate safely, adhering to principled trading and a stop loss.

I'll see you on March 3rd, after the holiday on March 2nd.

Thank you for your hard work this week.
Trade closed manually
Hello,
It's a Bitcoin Guide.

I'll check the movement since writing the analysis on February 27th.

snapshot

This is a 30-minute chart of the Nasdaq.
I've marked the major sections with black fingers.

While I haven't uploaded a separate analysis,
I've only checked the general movement to confirm Bitcoin's pattern.

The red finger indicates a long position,
which was pending,
but closed after falling to the bottom.
(A gap zone appears at the top.)

New weekly and daily candlesticks appear on March 2nd,
and the price drops sharply from point 1 at the bottom to 24,458.9.
On March 3rd, a new daily candlestick appears,
and the gap retracement is complete, followed by a sharp decline.

Because it didn't rise strongly last week,
the MACD death cross on the monthly chart, which I've repeatedly mentioned, is in progress,
and the US and Iran are at war.

This month may be the most dangerous and challenging.

Please be firm in your positions, including domestic stocks, foreign stocks, and Bitcoin.

snapshot

This is a Bitcoin 30-minute chart.
I've marked the major sections with black fingers.

The purple fingers at the top show the first section before and after it touched.

In the long position strategy,
since the first section didn't touch,
I entered a long position at the second section, $65,390.5, below.

After the market closed sideways, a gap 9 section was created.

The strategy involved manual liquidation.

As additional daily candles were created,
the sky-blue support line was broken, and the price touched the bottom zone,
and then moved sideways over the weekend.

New weekly and daily candles were created on March 2nd.

After completing the Gap 9 zone retracement,
it rebounded to the orange resistance line (zone 1)
but then linked with the Nasdaq and began a strong correction.

Gold is also rebounding to some extent,
and Bitcoin is linked with the Nasdaq,
so it will be crucial to see whether this month's low is broken.

Please keep this in mind and
I hope you operate safely, with a principled trading strategy and stop-loss orders in place.

Thank you.

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