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BitCoinGuide
Feb 2, 2023 11:39 AM

Bitcoin bybit chart analysis February 2 Long

BTCUSD Perpetual ContractBybit

Description




Hello

It's a Bitcoinguide.

If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.

If my analysis is helpful,

I would like one booster button at the bottom, please.





Bitcoin 30 minute chart.
It is a one-way long position strategy.


*In light blue finger movement path

1. $23684 long position entry section / stop loss when breaking the green support line -> $24671.5 long position target.

I might miss the entry point

I did it as tight as possible.

My analysis is for reference only.


I hope you operate safely with principle trading / stop loss essential.


thank you.


Trade closed: stop reached



This is the movement after writing the NASDAQ analysis article.
The major sections were marked with a black finger.

At the bottom, there are 12431 points of light blue fingers.
It was the entry point for a long position.
I ended up going right up to the top section without touching it.



This is the movement after writing the Bitcoin analysis article.
The major sections were marked with a black finger.

Analyzing the present case,
This is a very difficult section.

1-hour chart resistance / 1-hour chart support based on Bollinger Bands
I am touching and walking sideways to the right and down.

In the case of extreme sideways movement like now, there is almost no movement.
As the candle is created and pushed to the right
This is because the judgment is ambiguous because it breaks away or breaks through.

Overall, the pattern is broken, but
After entering the long line at $23,680, it is breaking out of the green support line.

The strategy will be at a loss.

Support line in real time for those who are maintaining long
Please note that we will provide emergency treatment.

We will run hard today.


thank you.

Trade active



green support line
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