Bitcoin Bybit chart analysis February 19

2 days ago

Hello
It's a Bitcoinguide.

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Here is the Bitcoin 30-minute chart.

There is no Nasdaq index announcement today.

At the bottom left, the purple finger
connected the 2nd section yesterday, 94,142 dollars
final long position entry section.

*In the case of the sky blue movement path
It is a two-way neutral strategy.
We focused on the final long position.

1. 97,550.5 dollars short position entry section / cut-off price when the orange resistance line is broken

2. 95,743 dollars long position switching / cut-off price when the green support line is broken

3. 98,526.5 dollars long position 1st target -> Great 2nd target

If there is an immediate adjustment from the current position
The 1st section (95,085.5 dollars) at the bottom is the long position waiting section.

The bottom section is today's major rebound section.

Up to this point, I ask that you simply use my analysis for reference and use only.

I hope that you operate safely with principle trading and stop loss prices.

Thank you.

yesterday

Order cancelled

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on February 19th.



This is the Nasdaq 30-minute chart.
I marked the main sections with black fingers.

In the short->long switching strategy

1. Purple finger section 1, 22170.4 point short position

2. Red finger at the bottom does not go down to 22K
And long position switching at section 2 without breaking the green support line (22089.5)

3. Red finger at the top at the end reaches the target price of 22,209.6 and then adjusts

Short->long target price reached
And the previous high point was not broken

Yesterday, I was aiming for the 4+6 section as a long position switching section,
but as it moved sideways, the 2nd section became the 4+6 section,
and as it failed to break through the previous high, a strong adjustment is occurring.

The Nasdaq is in a state where the mid-term pattern is broken,
and it continues to shake up and down.
I will explain the details in the analysis article.



This is a 30-minute Bitcoin chart.
The main sections are marked with black fingers.

At the bottom left, the long position entry section on February 18, 94142 dollars, is connected as is.

*Sky blue finger short->long or the strategy was to touch first while waiting for the long in the 1st section.

Within the pink resistance line, it moved sideways
without touching the first section, the sky blue finger 95743 dollars long position
and touched the switching point and is bouncing around 1640 dollars.

Since there was no entry point touch,
the strategy was canceled.

The place where I was aiming for a long position yesterday
was the 30+1 section, but unfortunately,
it is bouncing without touching the first section.

After the mid-term pattern was broken in Nasdaq, Bitcoin is also moving sideways.

(Generally, when Nasdaq crashes, there is forced coupling / when moving sideways, there is free movement like yesterday.)

While the rebound is in progress,
it has already reached the center line of the Bollinger Band daily chart
and has come close to the Gap -> Top that I have indicated.

It seems important to see how it will turn out today.

Since the participation rate has been dropping significantly recently,
we will proceed privately.

Thank you.

17 minutes ago

Note

Hello.

It's a Bitcoin Guide.

I will check the movement after writing the analysis article on February 20th.



This is the Nasdaq 30-minute chart.
I marked the main sections with black fingers.

In the case of Nasdaq, there were several retouches in the 4+6 pattern and

12-hour chart MACD dead cross pressure,

so in the purple finger 1st section short -> red finger 22.1K long switching strategy,

I tried to make a short stop loss when the purple support line broke away,

but it fell vertically without touching the best short entry point for the 1st section at the top.

After rebounding from the 21905.5 point
blue support line (gray rising trend line)

A V-shaped rebound is in progress to yesterday's entry point as a new daily candle was created today.

The result ended with a sideways movement,
and the final 21.9K rebound was the 6+12 pattern.

It is not easy to analyze the bit while the Nasdaq is fluctuating.

Today, the lower Bollinger band was touched first,
and the MACD dead cross pressure on the daily chart is in progress.



This is the Bitcoin 30-minute chart.
The main sections are marked with black fingers.

In the analysis on the 19th, the 2nd section, 94,142 dollars, was maintained as a long position.

The red finger was a long position strategy. Started with the 1st sideways section or best short position at the top

From the red finger 96,866 dollars long position entry section at the bottom

Without breaking the purple support line

It successfully rebounded to the target price of 98,526.5 dollars at the top, a little less than 2,000 dollars.

Perfect after a long time.

I took profit.

It did not come down to the additional long entry point at the daily closing and is moving sideways
It first touched the upper Bollinger band and is moving sideways.

I wonder what the movement will be like after that

I hope everyone operates well in their respective positions

Thank you.