BTCUSD Bybit Chart Analysis March 8

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Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.

I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 8.

This is a move after the final finish on March 7th.

For more details, please comment at the bottom of the analysis post.
I've got it sorted out.

The main sections are marked with black fingers.


The recent beat movement is messed up,
I wrote an analysis based on the Nasdaq calculation.

The main point was Gap retracement -> daily chart MACD dead cross.



It's a move after that.

The first shot is not touched, so no counting

1. $37990.5 long / $1317.5 profit section
2. $39280 short / $1305 profit section
3. $38123.5 Long / 521.5 Earnings

Up to $3100 in revenue is in progress.

At the bottom, it was pushed down according to the Nasdaq movement.
I think the overall flow fits the strategy well.

Even in the early days of the corona virus around 2021,
Bitcoin has followed the Nasdaq movement.
Major stock market movements around the world are also mainly following the Nasdaq.

The strategy is a huge success.

It was pushed back a bit, but it went double perfect.

I've been very frustrated with the beat movement lately.
Investigating the cause, taking a broader view
The answer was nearby.

I ignored the Nasdaq move, but I regret it.



In the future, it is possible to use the Nasdaq movement even to change the upward trend.
There is a way, if you continue to participate and stay together
I think we can catch up

I'll take a look at it in its entirety.

4 hour chart

Today's overall Top and Bottom prices are displayed.

The red section on the right is the presidential election day (holiday) tomorrow.

around the green support line

Check the red up/light blue down movement path

I made today's trading strategy

This is a 30-minute chart one-way long position strategy.


So far, it is decoupling with Nasdaq.
May suddenly couple in the afternoon main section

The main section is the 6-hour Goal / Ballvan Ilbong Jungang Line.

It is a strategy that shows a trend, but it is focused on the degree of upward trend.
The condition of not breaking the previous low on the Nasdaq is also important.


Depending on the main parallel line, some colors have been changed.


I think most of those who read the analysis are maintaining a long position.

Let's start with the first long up position, not the bottom.



* When the red arrow moves

1) $39444.5 short position entry section / Stop loss price when the red resistance line is broken
2) 38824 long position switching section / Stop loss when deviating from the green support line
3) $40595 long position target and short position entry section / Stop loss when the purple resistance line is broken


After reaching the final Top section,
Strong correction -> when the green support line is broken
Please note that the price may drop near the rough red support line.

Simultaneous operation of major altcoins seems advantageous in spot exchanges.


Because the Nasdaq is still in the risk zone.

For the time being, long, short
I would recommend running a two-way operation, and then proceeding with a long-term trend.



Principle trading / Stop loss is essential, operate safely

Thanks for reading.

Trade closed: target reached:

Hello

sorry very late.

I will check the movement after the analysis on March 8.

Nasdaq US100 , the final finish.

up-ward finish.

It's a move after that.

He showed the movement that it was indeed an overseas gift.
End of a right-to-right sideways trade without trend

This is the final Bitcoin finish.

As with the Nasdaq, I expected an upward-sloping finish.

It's a move after that.

The move that should have come on Tuesday
It came out on Wednesday.

It pretends to be an attempt to break out to the green support line danger zone, until it rises strongly.

It is a profit section from the existing $38677 long to the maximum of $3902.


Following the Nasdaq, it ended with a sideways trade
As an additional daily pay is created on Wednesday,
All conditions for a strong ascent are met.

There was a strong overshooting.
It's not Tuesday, it's Wednesday
In the Top section, it is pushed further upwards.

After that, the standard short position explained on the right
After touching 1 2 3, until a strong fall.

In a strange place, I rolled it up strongly
As it was coupled with the NASDAQ, it eventually returned to its original position.

Touch the Ilbong Central Line,
If you look at the 4 hour chart, you can see the thin
Securing a place to eat with a short -> A strong decline.

Member jokingly,
Those who bought spot on Tuesday
You went up and down and you said you think I'm going to be sideways.

The trend these days is the Nasdaq movement.
If you put it in a strange place,
It goes right down.




thank you.