Bitcoin bybit chart analysis May 11

May 11, 2023

Hello

It's a Bitcoinguide.

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If my analysis is helpful,

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





Bitcoin 30 minute chart.
It's a neutral strategy.

Cross-border analysis is boring.

It was judged that it would be difficult to raise strongly by pattern or tether dominance,
I created a strategy.

In the case of altcoins, the stocks recommended among the stocks that are plummeting
If you run it well, you can catch the upper class.

It would be nice to see that this week, we have time to pick up major altcoins, including bits.

Single sale was carried out.


*In light blue finger movement path

1. Entry into long position at $27427 / Stop loss when breaking the green support line

2. $27854.5 short position switching / stop loss when the pink resistance line completely breaks through

3. $27,150 long position switching / stop loss when breaking the green support line

I caught a lot of stop loss on a sideways guarantee basis.

Depending on the Nasdaq situation, the lowest point this week is the Bottom section at the bottom
I think it will be around 26129.5 dollars.

Spot Exchange, those who maintain long-term long
Let's hold on well until this week.


My analysis is for reference only.


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

Thank you.

May 12, 2023

Trade closed: stop reached

Hello
it's a BitcoinGuide.



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

Light blue finger 13343.4 After long entry, finished with a crosswalk to the right

It ended with no movement at all.
It continues to rise little by little.



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

Light blue finger 27427 After entering long position
End after falling right

The green support line breaks -> the light blue support line is reached.

The strategy was at a loss.
It continues to fall in a tedious downward trend.

It's hard for me to rebound until this week
I explained it, and I left it as alt-jub-jub timing until Sunday.

Bottom section at the bottom until this week
It is expected that the maximum drop
Among the recommended alts, there may be a sharp rebound after a strong decline.
Please take note and pick it up well.

I'll check it out overall and see you in a while.

thank you