Bitcoin Bybit chart analysis June 24

Jun 24

Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There are no Nasdaq index announcements.

At the bottom, Gap6 showed no retracement with a difference of 5 dollars.
At the current location on Nasdaq
Conditions for an immediate rebound, possibility of an upward trend
In the case of Tether dominance, the short-term pattern was broken.
This is a place where patterns and signals are too confusing, so I'll keep it simple.

There was no retracement of Gap 6
As I explained in the afternoon, the 61.3K rebound section was the spot I was aiming for.
After the touch, I will continue with the long position strategy.

*Red finger movement path

Long, long position strategy

1. $61083 long position entry area / stop loss when breaking out of the green support line
2. Primary target of long position at $63,244 -> Re-entry long position at $62,494.5
Stop loss when the purple support line breaks
3. $64364.5 long position secondary target

Please note that my analysis is merely for reference.

I hope you operate safely with principled trading and stop loss required.


thank you

Jun 25

Trade closed: stop reached

Hello
It's a Bitcoin guide.

This is a movement since the analysis was written on June 24th.



This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.

In the light blue finger long waiting strategy
Entry position 19587.1 After long entry
Additional downward wave connection

It was displayed as it broke away from the light blue support line.
Bottom section has been reached.

Yesterday's movement is an important signal.
MACD deadcross was engraved on the daily chart, but
In a state where the mid-term pattern is partially broken,
Bollinger Band 30-minute chart between support line and resistance line touch bulb
It's going sideways.


I will explain more details in the analysis article.



Bitcoin 30-minute chart.
Major sections are marked with black fingers.

Red Finger was a long position strategy at $61083, but
Coupled with Nasdaq, it broke out of the light blue support line.

We proceeded with the loss processing.

Basically, things like psychological warfare come up often.
In case of decline, it is mercilessly coupled with Nasdaq.

Gap6 shown at the bottom -> Bottom -> up to $58,232
After touching, there is a final rebound to the pink resistance line.

Yesterday, except for the vertical drop around 5 p.m.
There was no place to enter a short position.
There was a further downward movement.

To the low point this week
It reached the expected $58,232, but
Because a new resistance line was created yesterday due to the vertical decline.
If it fails to break through the main resistance line,
There is also a possibility of further decline.

I explained it in detail yesterday.
Please refer to it


I think it will be a difficult day today as well.
I will run hard.


thank you

Jun 25

Trade active

Bitcoin 30-minute chart.

Yesterday, I explained that it was a major section.
After touching the purple finger at the bottom, $58,232
It is rising by more than $3,000.

The pink -> orange -> red resistance line indicated
If you can't break through,
It may drop to $56866.5 at the bottom this week.


I will explain more details in the analysis article later.


Good luck