Bitcoin Bybit chart analysis january 31

Jan 31

Hello
It's a Bitcoinguide.

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This is Bitcoin's 30-minute chart.
There will be two Nasdaq indicators released at 10:30 in a little while.

There is a gap section at the top and bottom of Nasdaq,
so it seems likely that it will shake once.
Bitcoin has MACD dead cross pressure on the 4-hour chart.
I created today's strategy by comparing it to Tether Dominance.

*When the blue finger moves,
Bidirectional neutral
Short->Long switching, or long position waiting strategy

1. $104,641.5 short position entry section / Orange resistance line breakout, stop loss price

2. $103,12 long position switching / Green support line breakout, stop loss price
(If it comes down right away, 104.6K is the long position waiting section, same stop loss price)

3. $106,943 long position 1st target -> Target price in order

To ignore the 4-hour chart MACD dead cross,
The condition is that it touches the 1st section or more, the 4-hour chart resistance line of the Bollinger Band.

If not,
It should be imprinted while moving sideways until 9, 1, and 5 o'clock when the 4-hour candle is created,
and I created a strategy based on that.

The first section at the top is a sideways section / the blue support line at the bottom is

an upward trend line from a mid-term perspective.

If the green support line breaks,

you should be careful because it can go down to Bottom -> 2 at once.

I'm not in good condition today,

so I'll finish here and go in.

Please use my analysis so far as a reference and only

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

Thank you.

5 days ago

Trade closed: stop reached

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on January 31st.



This is the Nasdaq 1-hour chart.
I marked the main sections with black fingers from the left.

I did not upload the Nasdaq analysis article separately,
but I will explain it as I left a comment at the bottom of the analysis article on January 24th for your easy understanding.

1) On the far left, at 6:30 AM on Saturday, January 25th
Gap1 section created at the closing time (21,770.9 points)

2) At 6:30 AM on Friday, January 31st
Gap section created at the closing time (21479.6 points)

I had to input it into Bitcoin in a situation where only Gap1 was left at the top and Gap was left at the bottom. Short-term->Mid-term, it was in an upward trend,
and there were no problems in terms of signals,

so I focused on long positions.

Since it was moving sideways in the middle of the Gap,
I highly expected a reversal up and down,

*Gap1 -> Short -> Long switching strategy based on Gap
*Gap -> Gap1 long position strategy
I did two things.

However, if you look at the results,

the worst case scenario was created in the long position,

and after Gap1 short -> Gap touch,

the market closed on Saturday, February 1st.

And, today, as new weekly and daily candles were created,

after Gap1 and Gap reversal were completed,
NewGap 21,448.1 was created at the top.

If you look at it simply,

From the left, 2 weeks Gap1 section -> last week's NewGap section

This kind of hole is not a frequent movement in overseas futures, especially in Nasdaq.

(The movements like the previous crude oil crisis and Brixit

came twice in a short period of time)

There must be strong short and selling pressure from government agencies, etc.

For this level of gap to occur and a hole to be created.

It seems that President Trump's tariff policy
led to a sudden sell-off around the world,
and this has caused great confusion.

Since President Trump is a thorough businessman,
I don't think he wants the United States to fail, right?

Since I can't explain the details in words,
I'll leave a detailed video later if I get a chance.



This is a 30-minute Bitcoin chart. (I'll organize it into two because the fluctuation range is large until the weekend.)

I marked the main section with a black finger.

Sky blue finger
In the short->long switching strategy

After entering a short position at the top at 104,641.5 dollars
The orange resistance line was damaged -> the 1st horizontal section marked at 105.678.5 dollars was touched.

Around the green support line at the bottom
It strongly deviated from the long position switching section at 103,512 dollars.

The strategy is to cut losses.

It wasn't supposed to fall this much originally,
but after the Gap1 short movement and forced coupling at the top in Nasdaq
it fell to the bottom.

The reason I set the stop loss price when the green support line was deviated is
As you can see, the next support line after 103.5K was
Bottom 101.4K. I hope everyone has been operating well by referring to the stop loss designation method that I left before.

Since the movement last week created a gap section of 102,074 dollars on the right, I think it would be good to check it.

Those who entered or maintained a short position at 104.6K or the 1st section last week
I think you have made a fortune so far.

If you check the Nasdaq real-time movement and
operate well, it will be the best.



This is the Bitcoin weekly chart.
It is difficult to explain because the fluctuation is large.

In any case, due to this Nasdaq movement,
the update of the high price at the mid-term point was not immediately made,
and the weekly chart MACD dead cross was engraved at the bottom.

From the best short entry point section 1 at the top

to the support line 92,026.5 dollars shown at the bottom

the maximum decline was about 14,852.5 dollars.

The gap section at the top is 102,074 dollars

If it declines further, the strong support line this week
will be 86,596 dollars at the bottom.

This week's movement will be important, right?

Of course, Nasdaq is the most important,
so I will use this part to
create today's strategy.

Since the participation rate is high, I will proceed with the full disclosure today
You must have been surprised by the large drop

But there has never been an easy day in the coin market
I hope everyone will hold on well until this week
and I hope you can calm down without any major damage.

This decline was around $14,852.5 for 5 days from the 31st,

but if you look at the past charts,

there were several times when the fluctuation range was around $13,000 to $14,000 on the daily chart.

That's how the coin market is.

You can't get liquidated, and it's not mine until you liquidate it.

You have to keep the stop loss price as a principle trade to survive.

That's it.

It's late, so I'll continue the analysis right away.

Thank you.