Bitcoin Bybit chart analysis February 17

2 days ago

Hello
It's a Bitcoinguide.

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Bitcoin 30-minute chart.

There is no Nasdaq indicator announcement today.

Long waiting based on the rising pattern in Nasdaq

The best short entry section in Tether Dominance came out at the mid-term point.

There is a possibility of a gap reversal at the top and I may miss the entry point today, so
I operated aggressively.

*One-way long position strategy when the red finger moves

1. Pursue purchase at $96,252.5 / Stop loss when the purple support line breaks away or when the 2nd section is touched

2. Top section 1st target -> Good 2nd target
Short position switching when the Good section is reached

Movement within the 1st and 2nd sections at the top is a sideways market.
There may be a strong decline from the 2nd section breakaway,
so those who are operating long positions should be careful.

Up to this point, I ask that you simply use my analysis for reference and use only.

I hope that you operate safely with principle trading and stop loss prices.

Thank you.

2 days ago

Trade closed manually

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on February 17th.



This is the Nasdaq 30-minute chart.
The main sections are marked with black fingers.

In the red finger long position strategy,
After entering the short position at section 1 of the purple finger 22175.2
The long position is switched at section 22125.1 of the red finger

It has finished up to the top section.

As a new daily candle was created today,
The gap section was created, and it finished after the morning reversal.

The Nasdaq continues to update the new high.



This is the Bitcoin 30-minute chart.
The main sections are marked with black fingers.

In the red finger long position strategy,
After the 96252.5 chase purchase,
After touching the 1st section 96.8K at the top,
After adjusting to the 2nd section, it finished.

Unfortunately, it did not reach the target price Top section at the top.

Since it did not fall immediately, the strategy was manual liquidation.

After a new daily candle was created today,
It touched the Bottom section shown below and is rebounding.
I will explain the details together in the analysis article.

Thank you.