Bitcoin bybit chart analysis March 22

Mar 22, 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.




This is a one-way short position strategy on the 30-minute chart.

(Depending on the strategy, some of the pink and green parallel lines have been changed from the original drawing.)


Unlike Nasdaq, in the case of Bit
There is still power left to shoot upwards.

Near the previous high or after breaking the previous high
Please note that it may fall.


*In light blue finger movement path

Short -> Long Switching Strategy

1. Entry into short position at $28243.5 / Stop loss when the orange resistance line is completely broken

2. $27600.5 long position switching / stop loss when breaking the light blue support line

Looking at the Nasdaq movement today, the possibility of sideways movement seems very high.

3:00 a.m. -> 3:30 a.m.
After the FOMC rate announcement, it could shake it up a lot.
I hope you operate well according to real-time movement.


My analysis is for reference only.

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


thank you.

Mar 22, 2023

Trade active

Add purple finger , detail shot up to real time.

thank you

Mar 22, 2023

Trade closed: target 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.

Strategically, I focused on light blue finger short -> long,
I chose the arrow movement path.

As a result, it became a short long switching.

It didn't come down to the sky blue finger section at the bottom.

With yesterday's move, touch the main resistance line
4 + 6 MACD dead cross engraved

In the long position position, an advantageous move came out.




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

After writing the first analysis yesterday,
I think my calculations are a bit wrong
Before the move came out, I left a purple finger (additional comment).

It was $28710.5 short position entry section / $27600.5 long switching.

Coupling with Nasdaq
The orange resistance wire is damaged
Fall down to the gap section as it is without breaking through

It was pushed to the gap, but it returned to the light blue support line.

The strategy is ripe.

When to leave an analysis
It was 8 o'clock yesterday evening, but those who operated in real time
I think you did well until the marked Gap section.

Two big issues this month passed without problems,

We will run hard today.


I'll see you in a minute.


thank you