BitCoinGuide

BTCUSD Bybit Chart Analysis May 4

Long
BitCoinGuide Updated   
BYBIT:BTCUSD   None



Hello.

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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 May 4.






After writing the analysis article, Bitcoin movement.

More details are at the bottom of the May 3 analysis article,
I've put it together, so please check it out.

Bitcoin 30 minute chart.

I marked the main sections with black fingers.
Nasdaq is extreme sideway move -> Bitcoin Down trend sideway.

Finally, Bitcoin seems to be crazy haha.
BTCUSD 4hour MACD deadcross.

break the green support line,
While detouring, proceed with the blue finger movement path.

The sideways trade ended without any rebound.

Depending on the strategy, the upside will break out of the green support line and lose the weakness.
The short operation is a profit section of 844.5 dollars.

Yesterday, I was concerned about the possibility of extreme sideways trade.
It looks like a down trend sideway , and is organized by manual liquidation.

It's on a slight rebound, so let's take a look at it overall.

I'll see you later.







Nasdaq 4 hour chart.

Today's approximate Top and Bottom prices are displayed.

Interest rate related at Korea time 3 am today,
There is an announcement of key indicators.
I think that's why it's been going sideways lately.

Because the direction is ambiguous now
While walking sideways, I hope that there will be no big trend in the early morning hours.

Within the red resistance/green support line convergence
Movement is a sideways guarantee

Top price, bottom price trend section
I'll take a closer look at the whole thing.






Bitcoin 4 hour chart.

Today's approximate Top and Bottom prices are displayed.

around the purple support line,
I intentionally indicated a strong trend.

Red up / light blue down movement path check.

I made today's trading strategy.






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

I also left a finger drop pattern that can only be seen in the eyes of good people.

Yesterday it fell stronger than the Nasdaq.
The danger signal has been removed,
It is a trend market strategy in preparation for the indicator release time.

Unless the Nasdaq crashes,
The blue and blue support line at the bottom
It looks more sturdy than I thought.

Yesterday's rebound also came out neatly.

Everyone is having a hard time these days because of the sideways trade of the Nasdaq.

Wait until 9pm if there is no wave
Pattern check from 11 am,
You can prepare for a counter sale around 3 o'clock.

For those who find it difficult, we recommend waiting without a position or staying in position.


* When the red arrow moves

Short -> Long Switching Strategy

1. $38591 short position entry section / Stop loss when the red resistance line is broken

2. 38060.5 long position switching section / Stop loss when the green support line is broken

The final target will be the Top price, and the daily chart will be created tomorrow morning.
MACD Golden Cross comes out
It's perfect.

Today, depending on the situation, check whether you are hitting up or down.
In the case of sideways trading by 9 o'clock, it seems advantageous to prepare for a reverse trade.

In the upper touch sideways section, the major switching seems to be advantageous for the Minor alt -> long position entry timing.


Principle trading / Stop loss is essential, I hope that you operate safely.


thank you.







Trade active:
Order cancelled:
Hello

It's a Bitcoin guide.

I will check the movement after writing the analysis on May 4th.



Nasdaq and Bitcoin 30 minute chart.

Nasdaq moved sideways through the afternoon
Late in the evening, there was a trend.

When a strong trend emerges,
Undoubtedly, Bitcoin has moved in the same way as the Nasdaq.



This is the Nasdaq 30-minute chart.

Check the main section with a black finger.

Yesterday, too, I showed a movement that was not in my mind.
Because the lucky part hit the top
In Bitcoin, the uptrend was maintained without further declines.




Bitcoin 30 minute chart.

I marked the main sections with black fingers.
I was moving well yesterday.
Following the Nasdaq, it ended up rising in a strange pattern.

For those of you who watched yesterday's live,
As I explained, I will skip it.

Yesterday was only seen by good people,
In parallel line standards (changed to purple)
It has risen to the top price at the top.


Considering the variables, the sky blue support line
38265.5 long position waiting
As the Nasdaq rose, the purple support line rebounded at a strange timing.
Finished.

I didn't come down to the entrance.
The strategy is to proceed with cancellation processing.

It was a strategy aimed only at long positions.
I don't know if everyone is doing well.

If you have maintained your position well by correcting the stop loss from the first long
It's a little under 2000 bucks.

There was a strong rebound on the Nasdaq.
It's still too early to judge
It seems early.

Wanted to say goodbye to Nasdaq, but not yet.

Let's look at it as a whole.


I'll see you later.

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