Bitcoin bybit chart analysis February28

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's a two-way neutral strategy.
Today, the possibility of sideways movement is very high.

*At the red arrow path

1. Entry into long position at $23,120 / stop loss when breaking the green support line

$23550 short position / stop loss when the red resistance line is broken

Whichever of the two arrives first
You may want to enter.

(From the current position, if there is no place to enter the bottom long, from the top short in case of a rebound)


2. $23258.5 long position switching / stop loss when breaking the green support line
-> 1st target of red resistance line -> 2nd target of final $23910.5

In case of maintaining without breaking the final green support line
Circulation pumping may occur in job altcoins, so check it.

There is an indicator announcement at 12:00 tonight, so please refer to it.
Please pay attention to the Nasdaq movement.


My analysis is for reference only.


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

I'll take off tomorrow Wednesday and see you on Thursday.


thank you.

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.

Follow the sky blue finger movement path
Long -> short switching finish

After that, yesterday was March 1st, so I took a day off from analysis.

The orange resistance line -> the decline ends to the light blue support line.

A gap section was created at the top
Yesterday's movement opened the downside.

This is the period just before the break of the previous low.
If this section is broken, in the last support section
The direction seems to be determined.

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

follow the red arrow path
Break through the red resistance line without breaking the green support line

As indicated,
23550 short -> 23258 long -> up to target 23910.5

Perfect / Excessive processing complete.

Yesterday was a day off from analysis.

Because the Nasdaq is yet to break the previous low.
Bitcoin looks fine.

Because it is coupled according to the Nasdaq movement
It seems that the rest of this week should be focused and watched.

I'll check the whole thing


thank you