Bitcoin Bybit chart analysis APRIL 3

Apr 3

Hello
It's a Bitcoin Guide.

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This is the Bitcoin 30-minute chart.

Since the Nasdaq is closed today for Easter, there is a very high possibility of sideways movement over the weekend.
Additionally, I entered a long position on Bitcoin at the recent low of $65,390.7 and am currently maintaining it.

*Long Position Strategy (Following the red finger movement path)

1. $66,591 Long Position Entry Zone / Stop Loss if broken below the purple support line

2. $68,565 Long Position 1st Target -> Target prices in order of Good, Great


If the first zone is touched at the bottom, there is a high probability of extreme sideways movement.

Although I could not display everything on one page, the next support line below the bottom is "$64,006.4."

Please use my analysis post merely as a reference and for practical application.
I hope you operate safely by strictly adhering to trading principles and using stop loss limits.

Thank you for your hard work this week.

Have a great weekend.


thank you.

Apr 6

Trade closed: target reached

Hello.
It's a Bitcoin Guide.

Let's check the movements since the analysis post was written on April 3rd.



This is the Bitcoin 30-minute chart.
I have marked the key zones with a black finger.

*In the red finger long position strategy,
After entering a long position at $66,591 in the bottom left,
it finished in a sideways market.
It consolidated without significant movement over the weekend,

following an upward wave after re-entering the $66,591 long position,
it touched the target price range from Top to Good at the top.

It rose by about $3,000 after entry,

and I executed a perfect take-profit.



- Key points include:

Whether there will be a retracement of the Gap 9 zone that occurred at the bottom due to last week's movement, and

The current rise is continuing based on the bottom zone of $65,390.7, where we entered on March 30th.


It’s been a while since we’ve had a perfect performance amidst the recent difficult and complex movements.

I told you that it would start rising in April, right?

I will ride this momentum and run hard today as well.

Thank you.