Bitcoin bybit chart analysis April 1

Apr 3, 2023

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 arrow movement path

1. Enter long position at $28223.5 / stop loss when breaking the purple support line

Following the Nasdaq movement, the intermediate wave is the autonomous trading section

28988.5 dollars 1st target -> 29420 dollars 2nd target

Below the purple support line
Because it was a full candle, the stop loss was tight.

If the Nasdaq moves to the right and the bottom
Pay attention to the light blue support line and finger section at the bottom.


When the red resistance line is broken
BTC + major alt

If breakthrough fails,
Minor altcoin circulation pumping can be connected.


My analysis is for reference only.


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


thank you.

Apr 4, 2023

Trade closed: stop reached

Hello.
it's a BItcoinGuide.



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

on the arrow path
Orange Parallel Line Support Line -> After Touching the Resistance Line
Extreme transversal finish.

Failed to revert Gap1 (13181.3) created last week

Create a new gap section (13135.8)




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

arrow path
After long entry of $28223.5
A full candle on the left, as it breaks away from the 2 sections
Nasdaq and decoupling progress.


marked with a light blue finger
The decline has progressed to near the light blue support line.

It broke the purple support line.
The strategy worked out.

Totally worthwhile.


thank you