Bitcoin bybit chart analysis March 21
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This is a one-way long position strategy on the 30-minute chart.
Fortunately, yesterday's stop loss standard,
The Bollinger Band 1-hour chart is holding up without breaking the support line.
from an analytical point of view
You may miss out on a seat like this right now.
Since the possibility of sideways movement is high, we try to provide reasonable information as much as possible.
There is an announcement of the Nasdaq indicator at 11:00 tonight.
As a pattern, Bitcoin should come out sideways.
Nasdaq is in a condition where a vertical rise or a strong rise can occur.
Created today's strategy.
*In arrow movement path
long position strategy
1. $27956.5 long position entry zone / stop loss when green support line breaks -> long position target $29236.5
An extreme case like yesterday
Possibility of finishing within the orange resistance/green support line
Following the upper tail or Nasdaq movement
When the previous high point is broken, the whipsaw condition is also established. (Near the 28779 light blue resistance line)
Ahead of the FOMC US interest rate announcement at 3:00 am on Thursday
There is no direction yet.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
Thank you for reading today.
1-BTCUSD
Bitcoin bybit chart analysis March 20
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It's a Bitcoinguide.
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Bitcoin 30 minute chart.
It is an arrow movement path one-way long position strategy.
No danger signs so far.
It is just before an uptrend.
The strategy was carried out in line with the Nasdaq movement.
*In arrow movement path
Long position strategy.
1. $28131.5 entry into long position / stop loss when breaking the green support line
-> 1st target of 29131 dollars -> 2nd target of 30070.5 dollars
If it goes down to the green support line today, it could end with a sideways move.
Please pay attention to the Nasdaq movement.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
Bitcoin BTC daily trend line cycleBitcoin BTC daily trend line cycle, the red line is the bottom in the past, breaking the previous support and turning resistance is the position where it will rebound and rise in the future, the vertical line is the future top date, the red hammer is the future top price, and the green line It is the top of the past. Breaking through the previous resistance and changing to support is the position of stepping back on the support now. It has successfully stepped back on the support in the short term, and it has belonged to the breakthrough trend line in the past. When the trend line is broken, it is bullish. When the trend line is stepped back, it is the last up The opportunity for the car, now the opportunity is in front of you, others are afraid to be greedy, and are ready to start a long-term bull market.
bitcoin running sideways in briefI hope all of you guys have made the profit through my long published idea of btc while it was accumulating around 20500$
it jumped around 6000$ from there almost
now talking about the current predicament of the market the mother bitcoin is consolidating if it stays around 23900 zone below this distribution will start
it is advisable for you to not to take any trade cause anytime it can move in any direction
institutions are fearless beware of any stupid analysis of people
take your time then dive into trades directly
it will be good for your PnL
follow for regular feeds
find me anywhere
i will provide you the best information and updates of the market
best of luck
stay tuned for further!
@Cryptoxcountry
Bitcoin BTC on the way to $1 millionThis chart shows the historical price of BTC relative to the 'Bitcoin halving' which happens every 4 years. The halving event creates a supply shock as the issuance of Bitcoin to minders is cut in half. The next halving is scheduled around April, 2024 where BTC issuance will be cut from 6.25 BTC every 10 minutes to 3.125 BTC. Reference the law of supply and demand. When will Bitcoin hit $1 million?
$BTC Price Prediction$BTC exactly jumped from average weighted buying price from the bull (The Blue and Yellow line) and makes 25% move to the upside. Now it is facing resistance where usually swing traders take profit($23.9k - $24.5k), also MFI retesting the bottoms of H&S pattern trendline and RSI upper trendline also being tested. If $BTC breaks these trendlines and crosses $25.5k area then we may se upper targets as mentioned in previous tweets else it is just a bull trap.
Not a financial advice
Trade at your own risk
Bitcoin bybit chart analysis March 13
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Bitcoin 30 minute chart.
This is a long position strategy.
To be precise, it is a short -> long switching or long waiting strategy depending on the Nasdaq situation.
*At the red arrow path
1. 22554 dollars short position / stop loss when orange resistance line or previous high is broken
2. Switch long position at $21,449 / Stop loss when breaking the green support line / Target long position at $23,670
Short-> long switching strategy when reaching section 1 first
If section 2 is reached first, long waiting strategy / orange resistance line -> Top section becomes the target.
Purple support line or green support line from the current position
The point of support (long waiting period) may be the order of job altcoin circulation pumping
I hope you are doing well while watching the Nasdaq movement.
There is no separate indicator announcement from Nasdaq today.
There is a high possibility of crossing
Tomorrow night at 9:30 CPI, even if I'm not there, I hope the operation goes well.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
After recharging, I
I'll be back next Monday, March 20th
thank you.
Bitcoin bybit chart analysis March 10
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It's a Bitcoinguide.
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This is a one-way long position strategy on the 30-minute chart.
The vertical decline has progressed to some extent.
Today at 10:30, there are too many Nasdaq indicator announcements and branching points.
It is said that the indicator announcement at 10:30 is an important indicator with a name.
Please note.
To put it simply,
Bitcoin is best off not touching the green support line until next Monday.
It's because of the weekly chart candle.
The lowest true wave support line is ,
It would be nice to see it as the last line of support for Bitcoin.
So far, there is no justification for raising it.
The tone is thick, the signal is off
Because it touched the downside first based on the 30-minute chart
The downside is open and further declines are possible.
If, from today's breakout of the purple support line,
You need to prepare for the purple finger section at the bottom.
Gap2 retracement came out in the afternoon, and in preparation for the possibility of good news on the NASDAQ today
I focused on the arrow movement path.
*At the red arrow path
long position strategy
1. 19806.5 dollar long position / stop loss when breaking the green support line
20622 dollars 1st target -> 2nd target top price by the weekend -> 3rd target Great section
(Short-term traders can challenge both directions as much as they can.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
$BTC Bearish DivergenceIn daily timeframe we can see there is a bearish divergence, which can drops bitcoin in 20000-19000$ range, if played out. Money flow index also in making head and shoulders pattern. We can expect a small leg up to complete H&S pattern and then dump in price. So guys trade carefully.
Not a financial advice
Trade at your own risk
Bitcoin bybit chart analysis March 9
Hello
It's a Bitcoinguide.
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Bitcoin 30 minute chart.
It's a one-way neutral strategy.
There are no particularly dangerous signs,
It is in a downtrend, and I bet on the possibility that it will be shaken enough according to the Nasdaq movement.
*In light blue finger movement path
Short -> Long Switching Strategy
1. Entry into short position at $21762 / stop loss when pink resistance line is broken
2. Switch long position at $21319 / stop loss when green support line completely breaks or major Bollinger band support line breaks / final long position target at $21985
Keep an eye on the Nasdaq movement.
There is one thing I would like to ask you.
misunderstanding the analysis itself, or
It seems that there are people who leave comments without reading the article itself.
The reason I write analysis articles every day is not that the long, short, and neutral directions are right, but
Please use my analysis
According to the target section of the support resistance line, it is said to be used for each position, long and short.
I don't want to talk about whether it's right or wrong based on any standard.
I hope that those who are actually trading can refer to it and help.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
thank you.
Bitcoin bybit chart analysis March 8
Hello
It's a Bitcoinguide.
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If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is an arrow movement path one-way long position strategy.
Because there is an announcement of Powell's testimony at 12 o'clock tonight
In contrast to the variables, the fluctuation range was not large up to the bottom, so I took plenty of stop loss and proceeded.
In the case of the beat, there was a downward wave in the afternoon.
Since the bottom is open,
It is not good if there is an upward wave (touch down and rise).
*At the red arrow path
long position strategy
1. $22064.5 long position / stop loss when breaking the light blue support line
22418 dollars 1st target -> 22551 Top section 2nd target
Nasdaq movement is the most important, so while watching real-time movement
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential
thank you.