Bitcoin bybit chart analysis February23

Feb 23, 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.


*At the red arrow path

long position strategy

1. Entry into long position at $24156.5 / Stop loss when breaking the purple support line
-> $25083.5 target

I think it would be nice to be able to operate long and short freely in medium and small waves.
Autonomous stop loss within the indicated support resistance line.

Because it is a dangerous area that can be strongly pushed when the purple support line is broken
I will go tight with my stop loss.


sidewalk
Orange Resistance / Light Blue Support (Light Blue Fingers)
Please note

Ignore the daily chart MACD dead cross
Focused on NASDAQ.


Please pay attention to the Nasdaq indicator announcement and movement at 10:30.


My analysis is for reference only.

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


thank you.

Feb 23, 2023

Trade closed: stop reached

Today's analysis is embarrassing
I'm putting it down.

What's up all of a sudden, it's a beat

Purple support break / stop loss.

thank you

Feb 24, 2023

Note

hello

It's a BItcoinGuide.



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

Arrow Path -> Light Blue Path
Extremely wide protection finish

Within the purple parallel line shown
I rocked it up and down.

Looking at the 4-hour chart
In the short position operation section I explained yesterday,
There was a power struggle.

While touching the center line for 6 hours
The downtrend is partly broken.

If you hold on well until today,
It seems likely that it will rise again.



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

The rebound that had been raised in the afternoon was quickly put back into place.
After that, it was coupled with Nasdaq.
sideways finish.

It's not common, but sometimes a trend comes out at strategic timing
There may be variables like now.

Although the strategy failed
Rather than holding on to the loss of a hand and holding on,
Clean up your hands and move on to the next position
I think it is suitable for principle trading.

explained in the analysis
After touching the sky blue finger section at the bottom ($ 23732.5)
Crossing around the initial entry price of $24156.5

The most dangerous daily chart MACD dead cross has been imprinted.


Today's deadline seems to be important for the future direction.
I'll compare it to the NASDAQ as a whole.


thank you