Bitcoin Bybit chart analysis June 3Hello
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Bitcoin 30-minute chart.
There will be an announcement of Nasdaq indicators in a moment at 11 o'clock.
Rising wave on NASDAQ, Tether dominance vertical decline condition
I created today's strategy.
$67676.5 purple finger at the bottom left
I connected the long entry section on May 31st to today's strategy.
*Red finger movement path
One-way long position strategy
1. $68715.5 long position entry zone / stop loss when breaking out of the green support line
2. $70487.5 long position 1st target -> Top 2nd target -> Good 3rd target
It is a rebound from the 12+ daily candle where the pattern was restored.
In terms of overall signals, 12-hour, daily, and weekly MACD golden crosses
Because the upward trend can continue
There was no separate short position operation.
We responded by revising the stop loss.
Section 1 at the bottom is an upward traverse section.
Because a vertical decline can occur from the bottom touch
It may drop to section 2 in the early morning or after tomorrow.
If today's strategy succeeds
As I mentioned last week,
I think you can check the price of 100 million Bitcoin in Korean Won.
Because variables always arise in the market.
Please do not blindly trust it and only use it as a reference and use.
Please operate safely with principled trading and stop loss required.
thank you
1-BTCUSD
Bitcoin Bybit chart analysis May 31Hello
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Bitcoin 30-minute chart.
Nasdaq has an indicator announcement at 9:30.
Today is bit and tether dominance
It is really difficult to analyze because both sides are imminent.
The possibility of a sideways move is very high.
Tether dominance in patterns or flows
It is more likely to rise than beat.
Nasdaq is also in a situation where a rebound is unlikely.
We created a strategy that was as safe as possible based on sideways movements.
*Sky blue finger movement path
Long position strategy
1. $67676.5 long position entry area / stop loss when breaking out of the light blue support line
2. $69,008 long position primary target -> Top secondary target
Section 1 at the bottom is
The major support line is 12 + the daily support zone.
There is a very high probability that you will come down to this section today.
So, I took the stop loss at a breakaway from the light blue support line.
In this section, the rebound is weak or
If there is a further decline in Nasdaq
Bottom -> Section 2 at the bottom
Please note that it may continue to flow throughout the weekend.
Because there are no danger signals
There was no final short position operation today.
If today's strategy succeeds, over the weekend [
It looks like Bitcoin will surpass 100 million again.
If you drag the analysis text up or down,
I have left the main support and resistance prices above and below.
I think it would be a good idea to use it as a reference.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading and stop loss required.
thank you
Bitcoin Bybit chart analysis May 30Hello
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Bitcoin 30-minute chart.
There is a Nasdaq index release tonight at 9:30.
On the 28th and 29th, there was no direction.
It continues to fluctuate until today.
Currently, the MACD deadcross on the daily chart is being engraved.
If the rebound is strong, it may be released again.
In case of tether dominance,
The pattern is broken, but the most important thing is the NASDAQ movement.
With responsibility for analysis,
Section 1 entered in yesterday's analysis post on the 29th
I will make another chase purchase at $67,740.
I will die with you all today as well.
*Red finger movement path
One-way long position strategy
1. $67,740 long position entry zone / stop loss when breaking out of the green support line
2. $69376.5 long position primary target -> Good secondary target
As explained above,
The stronger the rebound today, the higher the MACD deadcross mark on the daily chart.
It may be released, but I judged that it could be imprinted again after tomorrow.
I ignored it without operating a short position.
Section 1 marked at the top is
upward sloping sideways market
Section 2 can come from waves.
This is the final long position entry section,
The double bottom near the light blue support line was ignored.
The last place to be pushed is the Bottom section.
A place everyone knows and waits for
In the rising pattern, it is the 12 + daily range.
Just in case, it is coupled with Nasdaq and moves in the early morning or downward direction.
If you keep dropping, you can continue to drop out of section 3 after tomorrow.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading and stop loss required.
thank you
Bitcoin Bybit chart analysis May 29Hello
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Bitcoin 30-minute chart.
Because today is JP’s birthday,
Because I am having dinner with my mother, I will upload the analysis earlier than usual.
First of all, the beat is the purple finger on the left
As a maintenance condition after entering a long position of $68,310
The strategy was connected as is.
There is no Nasdaq indicator announcement today.
Both Nasdaq and Bitcoin
The MACD deadcross pressure on the daily chart is in progress.
Bollinger Band 1-hour chart resistance line around 11:00 a.m.
After touching the best short position
A correction is taking place along with the Nasdaq.
I will die together with those who were with me yesterday.
*Sky blue finger movement path
Two-way neutral
Short -> Long switching strategy
1. Short position entry area of $69376.5 / Stop loss when the orange resistance line is broken
2. Switching long position at $67,105 / Stop loss when breaking out of the light blue support line
If it deviates from the green support line at the current position
Those of you who were maintaining a long position yesterday may proceed with a stop loss.
If adjustments continue to be made
I think it would be good to look at the light blue support line at the bottom -> Bottom section.
Everyone knows and is waiting for the bottom spot.
Although it is a 12+ day period, the daily chart MACD deadcross may occur depending on the situation.
Please be careful as it may not be engraved.
Once the daily MACD deadcross is resolved,
I think we will break the previous high again, but it won't be easy.
My analysis up to this point is
Please simply refer to it and use it.
Please operate safely with principled trading and stop loss required.
thank you
Bitcoin Bybit chart analysis May 28Hello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
Nasdaq is a section where it can fall significantly if it is not supported.
In case of sideways movement, the beat can move freely.
I aimed for that part.
Bit and Tether Dominance seem to move similarly, but
After an additional uptrend because the pattern was broken,
We focused on the daily MACD deadcross.
*Red finger movement path
Long->Short->Long switching
It is a two-way neutral strategy.
1. Chase buy at $68310 / stop loss when the green support line is broken
2. Switching short position at $70487 / Stop loss when breaking the red resistance line
3. Long position switching at $67,993 / Stop loss when the green support line breaks away
If the rebound is successful,
I thought a lot about which section at the top to take a short.
Based on daily chart MACD deadcross
I focused on the red resistance line.
Even if I reached the top section, I fell once.
I think it will come down less.
Section 1 at the top is
Short-term short position operation period or extreme sideways protection
There is a possibility of a vertical decline from the current location.
Section 2 at the bottom is lateral to the right.
There is a high possibility of further decline as the mid-term pattern is broken.
It's not good for a long position.
The bottom section is what everyone is waiting for.
Bollinger Band 12 + day section.
This section is a major support line.
Please note that my analysis up to this point is merely for reference and use.
Please operate safely with principled trading and stop loss required.
thank you
#BTC's Bullish Pattern: Double Bottom Sets Target at $64k! 📈#BTC/USDT forming a double bottom, bouncing from an important trend line, and making a bullish divergence, with a potential liquidity grab around $74k:
---
**Title: #BTC/USDT Double Bottom Formation with Bullish Divergence: Targeting $74k**
**Description:**
**#BTC/USDT Analysis**
**Pattern Formation:**
Bitcoin (BTC/USDT) has recently formed a classic double bottom pattern, a strong bullish reversal signal indicating that the downtrend might be coming to an end.
**Trend Line Support:**
The double bottom is further validated by BTC's bounce from a crucial long-term trend line, reinforcing the bullish sentiment. This trend line has historically acted as a significant support level, providing a strong foundation for the current rally.
**Bullish Divergence:**
Adding to the bullish outlook, #BTC has also shown a bullish divergence on the RSI (Relative Strength Index). While the price made lower lows, the RSI made higher lows, suggesting a potential reversal in momentum.
**Price Target:**
If Bitcoin continues to follow this bullish trajectory, we can expect a significant move upwards. Given the strength of these combined technical signals, the next major liquidity zone is around $74k. This target aligns with previous resistance levels and potential Fibonacci extension levels, making it a logical area for price to reach.
**Key Levels to Watch:**
- **Support:** The immediate support level is the trend line around GETTEX:48K - $50k.
- **Resistance:** Initial resistance levels are around $60k and GETTEX:64K , which are critical to breaking for further upside movement.
- **Target:** The primary target is the liquidity grab around $74k, which could act as a significant profit-taking zone for many traders.
**Trading Strategy:**
- **Entry:** Consider entering long positions on retracements to the trend line support or on confirmed breakouts above $64k.
- **Stop Loss:** Place stop losses below the trend line support or recent lows to manage risk effectively.
- **Take Profit:** Gradually scale out of positions as price approaches $74k, adjusting stop losses to secure profits.
**Conclusion:**
With the double bottom formation, support from a crucial trend line, and a bullish divergence, BTC/USDT is showing strong bullish signals. Traders should monitor these levels closely and prepare for a potential rally towards $74k.
Remember to manage your risk and stay updated with market conditions as Bitcoin continues its upward journey. Happy trading!
---
**Chart Notes:**
- Highlight the double bottom pattern.
- Draw and emphasize the important trend line.
- Mark the bullish divergence on the RSI.
- Indicate key support and resistance levels.
- Plot the target zone around $74k.
Bitcoin Bybit chart analysis May 27Hello
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Bitcoin 30-minute chart.
There is no NASDAQ indicator announcement, and according to the pattern,
This is a section with a very high possibility of sideways movement.
In the end, it will shoot up or down,
I think one wave will be very important.
When compared based on bit and tether dominance
Assuming that one of the two leaves strongly
Looking at the short-term pattern, it is almost similar, but
When viewed simply as an Ichimoku balance table,
Because Tether dominance is only positive for the 30-minute chart,
This is a condition for vertical decline.
Additionally, I created today's strategy by substituting the NASDAQ strategy.
*Sky blue finger movement path
Two-way neutral
Short -> long switching strategy or long position waiting strategy.
1. Short position entry zone at $69129.5 / Stop loss when the orange resistance line is broken
2. Long position switching at $68,420 / Stop loss when the purple support line is broken
3. Long position target price from Top -> Good -> Great section
Until today, the strategy is to ignore the daily chart MACD dead cross.
In case of maintaining a long position
It is safe as long as it does not deviate from the purple support line.
It is a short->long strategy, but
You can first touch the long position entry section at the bottom.
Because it is dangerous to break out of the purple support line.
Those who are maintaining long positions or waiting to go long should be careful.
If it breaks out of the purple support line,
I think it would be a good idea to look at section 1 at the bottom in the following order: 66.7K -> Bottom.
My analysis up to this point is
Please simply refer to it and use it.
I hope you operate safely with principled trading and stop loss required.
thank you
Bitcoin Bybit chart analysis May 24Hello
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
There was no short entry position for beats either.
The 5-minute bar trend reversal has also been successfully achieved.
If the orange resistance line is broken, the short-term downtrend will be broken, but
It is a position where it is difficult to rise vertically all at once.
There is also a possibility of a sideways move.
NASDAQ movement short->long
Even the possibility of tether dominance going downhill.
After much thought, I came up with today’s strategy.
*Red finger movement path
Two-way neutral strategy
1. Chase buy at $67383.5 / stop loss when the green support line is broken
2. Short position switching at $69312.5 / Stop loss when the red resistance line is broken
3. Long position switching at $68,007 / Stop loss when the green support line is broken
Afterwards, the target for long positions over the weekend is the Good -> Great range.
Near the 30-minute resistance line
Adjustment may occur immediately at approximately 68K.
Section 1 is an extremely lateral crossing.
If you can't touch it, if you fall vertically
No. 2 -> to the bottom
Please pay attention to Nasdaq movements.
Margin trading always requires a stop loss.
My analysis up to this point is
Please simply refer to it and use it.
I hope you operate safely with principled trading and stop loss required.
Thank you for your hard work this week.
Thank you so much.
$Bitcoin ($BTC) good setup : One Simple Horizontal line-In consolidation for 3 months (Long base means Big Breakout)
-Tested 71800ish resistance level multiple times and this time after testing took support of 10 ema (2 wicks) n signalling reversal.
-Good Shakeout U&R (Undercut and Rally, when price go lower than last lower: kicking out weak players , taking out their stop losses and rally back to upside)
-Signal Candles: Big Green Candles with vol showing buyers in action.
Bitcoin Bybit chart analysis May 22Hello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement tonight at 11 o'clock and 3 o'clock.
The beat touched the downside first today and is moving sideways.
NASDAQ is also a problem, but it is a place where many variables can arise.
Please open your eyes wide and check the analysis.
Entered a long position yesterday
Section 2, Purple Finger, $69,641
I tried to connect it to today’s strategy.
*Red finger movement path
Long position strategy
1. After touching the light blue finger in section 1 at the top
$70037 long position entry zone / stop loss when breaking out of the green support line
At the top, Top -> Good -> Great long position target price.
(You can check sections that are not visible by dragging up or down.)
#If you fail to touch section 1 at the top,
At the bottom, section 2 long position is the last one to wait.
Today, the final green support line breaks away.
Bottom section, it can drop to the bottom 3 section.
Those who entered into long positions yesterday also need to proceed with stop losses.
#Courageous people can become the best short shot like yesterday
You can try a short shot in section 1.
However, the stop loss is individually tight.
#Ride sideways to the orange resistance line/green support line
So far, I've summarized all the moves that can be made today.
I am a daily analyst.
I leave a daily analysis post and a review of the results the next day.
If possible, I want to continue my activities without a break, but
I have an important health checkup tomorrow afternoon.
Please understand in advance that I may not be able to do any activities.
Even if I'm not there, you can refer to the drawing section I left.
I think it would be good.
So far ,
Please note that my analysis is for reference and use only.
I hope you operate safely with principled trading and stop loss required.
thank you
Bitcoin Technical Analysis & Possibilities - Bitcoin has recently shown a great jump and pump because of FED Rate cut expectations
- However, the ETF Inflow from Hong Kong and US Asset Managers is not stopping as well
- The fundamentals of Bitcoin looks good with no bearish scenario looming over
- ETH ETF approval will be a bullish catalyst for the whole market however, bitcoin might go sideways because of this reason being ETH money inflow will increase
- Watch out the zones mentioned and make sure you manage risk
Bitcoin Bybit chart analysis May 21Hello
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Bitcoin 30-minute chart.
There is no NASDAQ indicator announcement.
Nasdaq upward and sideways protection strategy
We created a strategy based on the possibility of a vertical decline in Tether dominance.
*Red finger movement path
Long position strategy
1. $70947.5 Long position entry zone / Stop loss when breaking out of the green support line
2. $73151.5 long position 1st target -> Good 2nd target -> Great 3rd target
In the case of Great, you can check it by dragging the chart.
Section 1 marked at the top is
The more you touch, the better it is.
You can shoot hard right after touching it.
Even when considering the profit/loss ratio, rather than shorting unreasonably
Going long seems to be advantageous.
Section 2 at the bottom is where the short-term pattern is broken.
If it is pushed back, the next support line becomes Bottom.
My analysis up to this point is for reference only.
I hope you operate safely with principled trading and stop loss required.
thank you
Bitcoin Bybit chart analysis May 20Hello
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
I thought a lot about whether or not to chase it up, but
Today, we will proceed safely without overdoing it.
Possibility of a correction in the Nasdaq crisis
Because the beat pattern is broken
I thought there was a high possibility of a sideways movement and ended with an upward rebound.
*Red finger movement path
One-way long position strategy
1. $66,264 long position entry zone / stop loss when breaking out of the green support line
2. $68,095 long position 1st target -> Top 2nd target -> Good 3rd target
Because the present is the last short entry position.
When maintaining the purple support line without breaking away
There is a possibility of vertical rise to the top or higher.
For those who are short, if it breaks the pink resistance line, it will be a big problem, right?
The green support line is where the pattern recovers.
This is a place where there must be a rebound.
From section 1 at the bottom, the pattern is broken.
Please note that there is a possibility of further decline after tomorrow.
My analysis up to this point is
Please simply refer to it and use it.
I hope you operate safely with principled trading and stop loss required.
thank you
Bitcoin Bybit chart analysis May 17Hello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
Nasdaq is moderately trading sideways.
Subject to vertical decline in Tether dominance
I created today's strategy.
At the bottom left is the entry point for yesterday's long position.
I proceeded by connecting Purple Finger's $65,426 as is.
*Red finger movement path
One-way long position strategy
1. $66147.5 long position entry zone / stop loss when breaking out of the green support line
Long position 1st target Top -> 2nd target Good -> 3rd target Great
When reaching the 3rd target during the weekend
The medium-term downtrend line will be broken through.
After touching the resistance line on the 5-minute chart in Tether Dominance
The vertical drop must be connected,
MACD deadcross on the 4-hour chart was ignored.
Section 1 at the bottom is guaranteed to be extremely lateral.
Section 2 is the 1+4 major support line.
We must support unconditionally in section 2.
Lastly, please pay attention to Nasdaq variables.
Key resistance prices at the top and bottom of the chart,
I left the support price, so I think it would be good to use it.
Please note that my analysis up to this point is merely for reference and use.
Please operate safely with principled trading and stop loss required.
Thank you for your hard work this week.
thank you
Bitcoin Technical Analysis- Bitcoin is currently hovering around the zone of overhead supply
- Bitcoin can keep consolidating or move sideways here and that's going to help Bitcoin throw up or shoot up big
- If Bitcoin gets rejected from here we can see an easy retracement to 65,000$ and then continue to move up
- Avoid leverage like I always say and try building/holding positions in spot
- Spot will save you from volatility much better than leverage if you still want to use leverage don't go beyond 2-3X
BTCUSD Important levelHey Family, BTCUSD make or break level, BTCUSD is at important level and Forming a ascending triangle Pattern Let's see this breakout sustain or not.
Trying To Break Support Trendline, If There is a reversal From The Support Trendline. Then We can see good Upside move possible only after breakout of resistance zone.
what is your view please comment it down and also boost the idea this help to motivate us for sharing more idea. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
#BTC/USDT Poised for Another Retest: Key Levels to Watch#BTC/USDT Analysis: Bearish Divergence and Decreasing Volume Indicate Potential Retest Levels
#Bearish Divergence
A bearish divergence occurs when the price of an asset is making higher highs, but the underlying technical indicator (in this case, the Relative Strength Index, or RSI) is making lower highs. This discrepancy suggests that the bullish momentum is weakening and a potential reversal or pullback could be on the horizon.
For #BTC/USDT, we've identified a bearish divergence forming on the daily chart. Despite Bitcoin reaching new highs, the RSI is not confirming this upward movement, indicating that the buying pressure is not as strong as it appears on the surface.
#Decreasing Volume
In addition to the bearish divergence, we are also seeing a significant decrease in trading volume. Volume is a critical indicator of market strength; decreasing volume during an uptrend suggests that the momentum is fading. This declining volume trend can signal a lack of conviction among buyers and potentially foreshadow a price reversal or retest of lower support levels.
#Potential Retest Levels
Given these technical indicators, it is likely that BTC/USDT might take a retest at certain key support levels:
1. **Retest Around $63,500**
- This level has previously acted as a strong support, and if Bitcoin's price retraces, it is likely to find initial support around this area. If the price manages to hold at $63,500, we might see a bounce-back, providing traders with a potential buying opportunity.
2. **Retest Around $61,000**
- If the $63,500 support does not hold, the next significant support level to watch is around $61,000. This level has historical significance and could act as a strong support. A retest around this level would provide a crucial juncture for BTC/USDT, determining whether it will consolidate or continue its downward trend.
#Trading Strategies
- **Cautious Approach**: Given the bearish divergence and decreasing volume, traders might consider a cautious approach, reducing their positions or waiting for confirmation before entering new trades.
- **Stop-Loss Orders**: Setting stop-loss orders just below the identified support levels ($63,500 and $61,000) can help mitigate potential losses in case of a further downturn.
- **Watch for Confirmations**: Look for confirmations such as bullish reversal patterns or increasing volume at support levels before considering long positions.
#Conclusion
#BTC/USDT is currently showing signs of potential weakness with bearish divergence and decreasing volume. Traders should be prepared for possible retests at $63,500 and $61,000. Monitoring key technical indicators and market sentiment will be crucial in making informed trading decisions during this period.
BTCUSD Daily closing below 65867 then 📉 📉 to 62045 marked on the chart
Any Daily closing above 67438 then bullish 📈 📈 📈 77500
65867 could act as a support, so until it breaks and closes below then only 📉 📉
Disclaimer:
Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Not coin updatesOverview
Name: Not Coin (NTC)
Launch Date: Recently launched (specific date varies by source)
Purpose: Designed for use in decentralized applications (dApps) and smart contracts.
Key Features
Blockchain Technology: Not Coin operates on a blockchain platform, ensuring security and transparency.
Smart Contracts: Supports the creation and execution of smart contracts, aiming to streamline various digital agreements.
dApp Integration: Focused on facilitating the development and operation of decentralized applications.
Market Performance
Market Cap: Relatively low compared to major cryptocurrencies, reflecting its emerging status.
Price Volatility: Exhibits significant price fluctuations, typical of new and smaller cryptocurrencies.
Use Cases
DeFi (Decentralized Finance): Potential applications in decentralized finance platforms, offering users financial services without intermediaries.
Gaming: Integration into blockchain-based games, providing in-game currency and assets.
Strengths
Innovative Technology: Leveraging blockchain for various modern applications.
Community Support: Growing community and developer interest, fostering innovation and adoption.
Weaknesses
High Volatility: Prone to large price swings, which can deter risk-averse investors.
Limited Adoption: Still in the early stages of user and developer adoption compared to established cryptocurrencies like Bitcoin and Ethereum.
Conclusion
Not Coin is an emerging cryptocurrency with potential in the DeFi and dApp sectors. Its future growth depends on increased adoption and development within its ecosystem. However, investors should be aware of the high volatility and associated risks.
For a detailed analysis, including technical specs and real-time market data, further research or consultation with a financial expert is recommended.