Only 30 Min chart , In real time, you can check major sections and move, Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 18.
This is the movement after writing the analysis on the 17th.
For more details, I linked the comment at the bottom of yesterday's analysis post. Please check.
If you look at the black finger,
Bollinger Bands 30 minutes + 1 hour support
After chasing the Nasdaq, in the morning, the purple support line is trying to break out.
If you look closely
Yesterday Bitcoin outperformed the Nasdaq, Adjustments were a bit quick (Bitcoin 2 hour support line / Nasdaq before touch)
That's why there's a sideways move. It fall first BTC.
There was no enter , strategy has been cancelled.
As explained above, in the next final pattern Looks like a win
Let's take a closer look at the whole thing.
4 hour chart
I was compare and analyze it with the Nasdaq. It take several times longer than usual.
Today's approximate top price / bottom price
Red up / sky blue down movement path check You have created a trading strategy for the day.
(The main point is to follow the Nasdaq movement in the future) It may be different, but when the green support line is reached, Because it touches the daily center line, In a big trend, the pattern is broken.
When the Nasdaq rises strongly You can ignore it, but please note that it is an uncomfortable part.)
This is a 30-minute chart one-way long position strategy.
Most of my analysis can be read, so I will omit the detailed explanation.
Keep an eye on the Nasdaq movement.
* When the light blue finger moves
Long -> Short -> Long Switching Strategy
In a big trend, I think it would be better to focus on long positions.
A break above the red resistance line could lead to an uptrend. It seems advantageous to take a long position by correcting the stop loss while keeping an eye on it, or to operate a short short position.
Omit the details
1) $40024 long position entry section / Stop loss price when the green support line deviates
As explained above, the pattern is broken in a big trend. In this rebound, it should unconditionally climb near the blue resistance line.
When the Nasdaq was closed, from the frustrating movement
I wish I could hit it big
When the green support line is broken, it can continue to flow downward to the sky blue support line. If it breaks the green support line today
If you have a long-term trend, we recommend that you try again next time.
Those who operate only spot exchanges
We recommend that you try a one-shot, one-kill match at the time of entering the long position at the bottom.
Principle trading / Stop loss is essential, so please operate safely.
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