Bitcoin Bybit chart analysis September 3Hello
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Here is the Bitcoin 30-minute chart.
Tonight at 11 o'clock, there is one Nasdaq indicator announcement.
When comparing only Bitcoin and Tether Dominance,
the direction is not difficult, but Nasdaq is the problem.
Instead, the dangerous signal was imprinted on Nasdaq,
and all you need to do is get the desired movement.
Yesterday, I tried to operate, but I missed the entry point,
so I went ahead with it instead of canceling it.
*One-way long position strategy when the red finger moves
1. 58,591 dollars long position entry section / stop loss price when the green support line is broken
2. 60,227.5 dollars long position 1st target -> Good 2nd -> Great 3rd
This is the first touch section on the center line of the Bollinger Band 12-hour chart.
If the strategy is successful, I did not operate a short position separately.
You'll know why if you watch.
Instead, after liquidating the long position,
I think it would be good to wait for the long position as indicated.
For those who can hold the stop loss price,
you can challenge both short and long.
If the purple support line maintains the 1st section, it is a strong rising section.
The 2nd section at the bottom is a sideways market or the most likely long position today,
but rather than missing the entry point like yesterday,
we operated aggressively and tightened the stop loss price.
From today's green support line deviation,
there is a possibility of additional decline, so you should be careful.
Bottom->If the 3rd section is pushed,
the next support line will be $56,634.
Up to this point, please just refer to and use my analysis,
and I hope you operate safely with the 6 principle trading and stop loss price.
Thank you.
Search in ideas for "tether"
Bitcoin Bybit chart analysis September 2Hello
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This is the Bitcoin 30-minute chart.
Today, Nasdaq is closed.
It touched 57K on Sunday evening
and barely reached the center line of the Bollinger Band 4-hour chart.
The current position is a section where long and short are decided,
and a short position operating section.
Today's strategy was created based on the vertical decline
in the gap reversal that occurred at the top over the weekend
and the short-term pattern of Tether Dominance was broken.
* In the case of the red finger movement path
Long position strategy
1. 57,982 dollars long position entry section / cut-off price when the purple support line is broken
2. 59,160 dollars long position 1st target -> Top 2nd target
When the 1st section shown at the bottom is touched, it is a very horizontal guarantee
The sky blue support line Bottom section is the last double bottom.
If this section is broken,
a downward trend may be connected from the second section of the Jinpa-rang support line,
so it may open up to 54.8K.
Today, it is important to not go down to the bottom section or break away, right?
Up to this point, I ask that you just use my analysis as a reference,
and I hope that you operate safely with principle trading and stop loss prices.
Thank you.
Bitcoin Bybit chart analysis August 23Hello
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This is the Bitcoin 30-minute chart.
Tonight at 11 o'clock, there will be a Nasdaq index announcement.
The Nasdaq is the problem today.
Tether dominance is in a vertical decline,
and I created the most reasonable strategy possible.
The purple finger at the bottom left, $60,156.5,
is the same as the 3rd section where I entered the long position yesterday.
*Long position strategy when the red finger moves
1. $60,573 long position entry section / stop loss price when the sky blue support line is broken
2. $62,350 long position 1st target -> Good 2nd target
-The 1st section at the top is an upward sideways market,
and if this section is touched first, it can be connected to section 2.
-It seems safer to operate with a focus on long positions rather than short->long switching like yesterday.
-If it deviates from the bottom section today,
it may fall to the 3rd section at the very bottom during the weekend.
Please use my analysis article as a reference and only for the extent of use,
and I hope you operate safely with principle trading and stop loss prices.
Have a good weekend,
and I will come back from my vacation and see you in September.
Thank you always.
Bitcoin Bybit chart analysis August 21
Hello
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This is the Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 3 a.m.
The current position is the middle point between long and short, which has a very high possibility of sideways movement.
From my perspective,
Bit broke through the vertical downtrend channel,
and Tether Dominance touched the Bollinger Band monthly chart center line,
so if Nasdaq supports the rising wave today,
it seems that it will rise strongly.
*Red finger
One-way long position strategy.
1. 59,306 dollars long position entry point / stop loss price when the green support line is broken
2. 61,127.5 dollars 1st target -> Top target
The most desirable movement today is
To touch the 1st section at the top, and wait for the 59.3K long for the returning rising wave.
I held it a little tight because I might miss the entry point.
If you can't touch the 1st section or
If you get pushed, it's a long position entry section up to 2 times,
and the stop loss price is the same, so it would be good to use it in real time.
1st and 2nd are extremely horizontal guarantees
3rd sky blue support line is a downward horizontal guarantee
Below that, Bottom -> 56.6K is indicated, so it would be good to use it in real time.
Next week, I have a summer vacation plan for a week,
so
I will leave it as a public release until this Friday and
I will leave.
Up to this point, please
simply refer to and use my analysis
and I hope you operate safely with the principle trading and stop loss price.
Thank you.
Bitcoin Bybit chart analysis August 14Hello
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This is the Bitcoin 30-minute chart.
The CPI indicator will be released at 9:30 in a little while.
In an ambiguous position, there is no wave at all,
The current position has a high possibility of sideways movement,
It is not a sweep condition, but there is a possibility of sweeping,
And there is also a condition for a strong rise.
After much thought, including Tether dominance,
I created today's strategy.
*Red finger movement path
One-way long position strategy
1. $60,520 long position entry section / green support line breakaway stop loss price
(I think the stop loss standard is ambiguous, so I marked the final push price with a green arrow below.)
2. $62,350 1st target -> Good 2nd target
The 1st section at the top is an upward sideways market
The 2nd section at the bottom is a downward sideways market
Be careful because an upper tail sweep may occur from the pink resistance line to the orange resistance line 1st section.
In the case of a sweep, it may fall from the bottom -> 3rd section at once,
so those who are entering a long position should be careful.
The 2nd section of the sky blue support line at the bottom
is a mid-term upward trend line, so if it doesn't break away from this spot today
it may continue to rise.
It's a rare CPI, but I personally think it's likely to move sideways.
Please use my analysis as a reference and only as a reference.
I hope you operate safely with principle trading and stop loss.
It's the last day of summer, so eat something delicious.
Tomorrow is a holiday, so take a day off and I'll see you on Friday.
Thank you.
Bitcoin Bybit chart analysis August 13Hello
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Here is the Bitcoin 30-minute chart.
Nasdaq indicators will be announced at 9:30 shortly.
In the case of Nasdaq, the short-term pattern is broken,
and today, a lower gap has been created,
so there is a high possibility of adjustment.
In the case of Tether Dominance,
there are conditions where a sweep can occur at the current position or near the 6-hour resistance line.
Bollinger Band 1-hour chart support line is touched,
and a one-way strategy is taken at a position where there is a very high possibility of a sideways movement.
* Long position strategy when the red finger moves
1. 58,125.5 dollars long position entry section / cut-off price when the green support line is broken
2. 60,220.5 dollars long position 1st target -> Top 2nd target
If it does not come down to the entry point and a rebound occurs from the current point,
the 1st section at the top and the purple support line are sideways.
The current Bollinger Band 6-hour chart support line shape is very good.
Instead, if you look at the time zone at the bottom of the red finger,
it is 8:50.
The reason is that the additional 6-hour chart candle is created at
9 p.m., so if the shape changes,
it can be pushed to the bottom 2 times -> Bottom,
so if you touch it before 9 p.m., the probability of the strategy succeeding increases.
Depending on the situation today,
the 12-hour chart MACD dead cross pressure may be connected.
You can increase the profit range by modifying the long position stop loss price.
The reason why I did not take a short position today
You can find out when the perfect comes out tomorrow.
Please use my analysis article as a reference and for the extent of use,
and I hope you operate safely with the principle trading and stop loss price.
Thank you.
Bitcoin Bybit chart analysis August 6Hello
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Here is the Bitcoin 30-minute chart.
There is no Nasdaq index release today
It is in an uptrend
And I made a strategy for the part where the wave is getting bigger.
I was worried a lot about missing the entry point
Since the short-term pattern was broken in Tether Dominance
I applied the downtrend to Bitcoin.
*When the blue finger moves
It is a two-way neutral
Long -> Short switching strategy.
1. 53,310 dollars long position entry point / cut-off price when the green support line is broken
2. 58,122.5 dollars long position 1st target -> Top 2nd target
3. Short position switching at Top 59,164.5 dollars / cut-off price when the pink resistance line is broken
Since it is a strategy aimed at perfection
I lowered the long position take-profit price a little
And when the top target price is reached perfectly, I switch to a short position.
At the top, 1 and 2 are horizontal lines
If it doesn't come down to the entry point and rebounds in the 2nd section
Please pay attention to the purple parallel line.
The 3rd section is a downward horizontal line
If the previous low point bottom section doesn't break
You can continue to play in the current channel.
From the bottom
Please note that there is a high possibility of additional decline after tomorrow.
Up to this point, please use my analysis for reference only
I hope you operate safely with the 6 types of one-shot trading and stop loss prices.
Thank you.
Bitcoin Bybit chart analysis July 29Hello
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This is a Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement and Tether dominance is in a vertical decline condition.
A trend is emerging during the analysis.
To summarize briefly,
*When the red finger moves,
One-way long position strategy
1. $69,810 long position entry section / green support line breakaway, stop loss price
2. $71,190 1st target -> Top 2nd target
Only those who are confident in the stop loss price should try the middle short->long switching section.
Operation centered on long positions seems advantageous.
The 1st and 2nd sections at the top are sideways.
Please note that a strong adjustment may be connected from the breakaway of the green support line.
I think it would be good to see the core of the strategy as trend following,
and I was looking at a strong upward trend from the breakaway of the black resistance line.
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.
Bitcoin Bybit chart analysis July 26Hello
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This is the Bitcoin 30-minute chart.
The parallel line colors have changed somewhat depending on the strategy.
There is an indicator announcement at 9:30 AM for Nasdaq,
and if it is normal,
it should come down to touch the central line of the Bollinger Band weekly chart once.
In the case of Tether Dominance,
only the central line of the Bollinger Band 6-hour and 12-hour charts is touched,
and the mid-term pattern is broken,
so I created today's Bitcoin strategy according to the wave of the vertical decline.
The purple finger section at the bottom left is
the section where I entered long yesterday and am maintaining it.
*Red finger movement path
One-way long position strategy
1. 66,901.5 dollars long position entry section / cut-off price when green support line is broken
2. 68,842.5 dollars 1-shot get -> Top, Good, Great in order, target price for the weekend
The 1st and 2nd sections at the top are sideways,
but if the rebound is successful in section 2 today,
it will be a condition for a strong rise.
Also, if the Miracle section is touched,
it will break through the mid-term downtrend,
and if the black resistance line Top section is broken,
bit can break through the highest point again.
The 3rd and 4th sections at the bottom are support lines for the weekend.
Up to this point, my analysis
please just refer to and use it,
and I hope you operate safely with principle trading and cut-off prices.
Thank you for your hard work this week.
Technical analysis of Bitcoin (BTC) versus Tether (USDT)Short-term Traders:
Look for buying opportunities around the current price level with a target towards the X wave resistance.
Watch for potential reversal signals at the Fibonacci levels for short-term profit-taking.
Long-term Investors:
Monitor the completion of the Z wave for a potential long-term buying opportunity.
The anticipated wave 5 suggests a strong bullish trend, which could provide substantial gains.
Keep in mind that technical analysis is speculative and involves risks. Always consider multiple factors and conduct thorough research before making trading decisions.
Technical analysis of Bitcoin (BTC) versus Tether (USDT) Short-term Traders:
Look for buying opportunities around the current price level with a target towards the X wave resistance.
Watch for potential reversal signals at the Fibonacci levels for short-term profit-taking.
Long-term Investors:
Monitor the completion of the Z wave for a potential long-term buying opportunity.
The anticipated wave 5 suggests a strong bullish trend, which could provide substantial gains.
Keep in mind that technical analysis is speculative and involves risks. Always consider multiple factors and conduct thorough research before making trading decisions.
$BTC: Prominent Analyst on Crypto Whales’ Appetite for Bitcoin AThe chart provided by Santiment offers comprehensive insights into Bitcoin
BTCUSDT
accumulation, focusing on wallets holding 10 or more BTC and tracking Tether (USDT) and USD Coin (USDC) holdings.
Bitcoin Accumulation by Large Wallets:
Green Line (BTC Holdings): The green line represents the number of BTC held by wallets with 10 or more BTC. As of 1 July 2024, these wallets hold an all-time high of 16.17 million BTC, marking a 1.07% increase over the past six months. This trend suggests that major Bitcoin holders, often referred to as “whales,” are steadily increasing their Bitcoin holdings despite market volatility.
Stablecoin Holdings:
Red Line (USDT Holdings): The red line shows the percentage of USDT held by wallets with 100,000 to 10,000,000 USDT. This has decreased by 5.37% over the past six months. The decline in USDT holdings indicates that these large holders might be converting their stablecoins into Bitcoin.
Bitcoin Bybit chart analysis July 2Hello
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Bitcoin 30-minute chart.
There is a Nasdaq index release tonight at 10:30 and 11:00.
Beats are under pressure from the MACD dead cross on the 4-hour chart.
It first touched the lower Bollinger Band and is moving sideways.
There was no short position entry today.
In the case of Tether dominance, it is breaking through a short-term downward pattern.
The combination of the two created today’s strategy.
At the bottom left is a purple finger worth $62,567.
I connected the long position to today’s strategy.
There is no trend and the sideways movement continues.
From an investor's perspective, consider all perspectives from both long and short sides.
I'm dying to even connect it to a strategy.
*Sky blue finger movement path
Two-way neutral
Short->Long switching strategy
1. Short position entry area of $62956.5 / Stop loss when the orange resistance line is broken
2. Long position switching at $62153.5 / Stop loss when the green support line is completely broken away
Or, after touching section 1, stop loss when touching the 6-hour central line of the Bollinger Band.
3. $63594.5 long position primary target -> Top secondary target
For those of you who haven't been able to organize your longs since yesterday and are holding them,
In case of immediate decline from the current position
Likewise, in strategy number 2 above, you can maintain a stop loss in terms of touching the green support line and the 6-hour center line.
From the point of breaking the red resistance line,
Because it is near the central line of the Bollinger Band daily chart.
Please note that adjustments may occur once.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
Bitcoin Bybit chart analysis July 1Hello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
There is a correction just before the Gap 6 retracement at the top.
It is a position with a high possibility of sideways movement.
There are so many branching points.
To put it simply,
Possibility of NASDAQ moving sideways to the right, Tether dominance mid-term pattern broken.
Up to the possibility of upper gap reversal
Currently, Bollinger Band 30+ is maintained at a narrow level.
It looked like there was plenty of time until the next breakaway section, so I tried to attack the gap.
*Red finger movement path
Long position strategy
1. Entering long position at $62567 / When the purple support line is completely broken away
Or stop loss when touching section 1 at the bottom
2. Gap6 primary target -> Top secondary target
Gap6 section is the central line of the Bollinger Band daily chart.
Depending on the situation, there may be strong adjustments.
Check the intermediate wave as indicated.
I think it would be good to see whether or not it finally breaks out of the purple support line.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
Bitcoin Bybit chart analysis June 27Hello
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Bitcoin 30-minute chart.
There will be an announcement of Nasdaq indicators at 9:30 a.m.
Beats were pushed to the support line on the Bollinger Band 2-hour chart today.
Because there was no central line touch for 6 hours.
Vertical rise is incorrect.
Also, the NASDAQ variable is also a problem.
On Nasdaq, there is no vertical decline, only a sideways movement.
Even in tether dominance, the medium-term pattern is broken.
All you have to do is hold on and not break away.
purple finger on the left
Conditions for maintaining long position at $60,709 in section 1 yesterday
I just connected it to the strategy.
Stop loss when the green support line breaks this week.
There are probably people holding long positions.
Without changing my perspective, I will die with you even if I die, and I will live with you even if I live.
*Sky blue finger movement path
Two-way neutral
Short -> Long switching strategy
1. Short position entry zone at $61,708 / Stop loss when the red resistance line is broken
2. Long position switching at $61072 / Stop loss when the green support line breaks away
Number 1 at the top is an upward sloping market, and number 2 is a downward sloping sideways market.
You can touch section 1 directly from your current position.
Adjustments will occur once.
Instead, please note that the long position switching section may change.
The current position is the Bollinger Band resistance line on the 1-hour chart.
Because it is a short position operation period after touch.
If it falls immediately,
You can look at Bottom -> Section 3 at the bottom.
For those who went short near the pink resistance line:
When it breaks through the pink and orange resistance lines, you can view it as a stop loss, right?
My analysis up to this point is
Please simply refer to it and use it.
Please give us a lot of support even in the boring sideways market.
Thank you for participating.
Fighting today too.
Bitcoin Bybit chart analysis June 25Hello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
If you look at the purple finger at the bottom,
This was the final long position entry section expected this week.
Purple Finger 58232 is on the rebound after being touched.
As the vertical decline occurred yesterday, the position was pushed back a little more.
There is no rebound this week
If you cannot break through the pink, orange, or red resistance lines at the top
Please be careful as it may be pushed up to the bottom section of 56.8K.
I almost ignored the Nasdaq movement today.
58.2K long position entry zone expected this week
Bitcoin 4+6+12 Golden Cross (Opposite of Tether Dominance)
Gap reversal light at the top
We have a catch-up buying strategy.
Also, recently, NASDAQ non-coupling etc.
It was a hot day and I wasn't feeling well, so I had a hard time concentrating.
If it breaks out of the green support line today
I will take a break from the analysis tomorrow.
*Red finger movement path
Long position strategy
1. $61,169 long position entry zone / stop loss when breaking out of the green support line
2. $64,202 Long Position Primary Target -> Top Secondary Target
The section marked number 1 at the top is an upward and sideways movement.
Section 2 is an upward traverse or extremely lateral traverse.
Due to the pattern, it is best not to touch it.
Section 3 is a lateral crossing to the right,
There is a possibility of further decline to $56866.5 after tomorrow.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
Bitcoin Bybit chart analysis June 24Hello
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Bitcoin 30-minute chart.
There are no Nasdaq index announcements.
At the bottom, Gap6 showed no retracement with a difference of 5 dollars.
At the current location on Nasdaq
Conditions for an immediate rebound, possibility of an upward trend
In the case of Tether dominance, the short-term pattern was broken.
This is a place where patterns and signals are too confusing, so I'll keep it simple.
There was no retracement of Gap 6
As I explained in the afternoon, the 61.3K rebound section was the spot I was aiming for.
After the touch, I will continue with the long position strategy.
*Red finger movement path
Long, long position strategy
1. $61083 long position entry area / stop loss when breaking out of the green support line
2. Primary target of long position at $63,244 -> Re-entry long position at $62,494.5
Stop loss when the purple support line breaks
3. $64364.5 long position secondary target
Please note that my analysis is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
Bitcoin Bybit chart analysis June 21Hello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
$63,734 that I left a comment in the afternoon
Bollinger Band weekly chart center line retouch has been carried out.
I have been coupling with Nasdaq since yesterday.
The fortunate part of misfortune is
The fact that Tether dominance did not break the previous high point yesterday
This is where the short-term pattern is broken.
Overall, Nasdaq movements may be the most important, but
We created an aggressive strategy without losing momentum.
*Sky blue finger movement path
Long -> Long re-entry strategy.
1. $63,726 long position entry zone / stop loss when breaking out of the green support line
2. After liquidation of $65367.5 long position
Re-enter long position at $64941.5 / Stop loss when breaking out of the purple support line
Target in order from Top -> Good -> Great section.
in the evening waves
In section 1 marked near the green support line
You can check the floor.
From the bottom to the bottom
You may be pushed back up to section 2, so be careful.
The orange resistance line at the top is a short-term downward trend line.
Pay attention to Nasdaq variables in real time.
Thank you for your hard work this week too.
Please operate safely with principled trading and stop loss required.
thank you
Bitcoin Bybit chart analysis June 20Hello
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Bitcoin 30-minute chart.
There are two Nasdaq index announcements at 9:30 tonight.
from the bottom left
If you look at the purple fingers
64.5K long on the 18th -> 65.1K chase long on the 19th
And today is the red finger chase buying strategy.
*Red finger movement path
One-way long position strategy
1. $65,766 long position entry zone / stop loss when breaking out of the green support line
2. $67051.5 long position 1st target -> Top 2nd target -> Good 3rd target
There is no short position operation today.
A vertical decline is underway in Tether dominance.
When the 12-hour chart MACD dead cross engraving is completed
It's a strategy
Sections 1 and 2 at the bottom are rebound sections.
Please note that the further down you go, the more likely it is to move sideways.
Maybe it's because the day is hot
Creating an entry point every day
It seems like it's getting more difficult again.
This is what I continued to explain as I went sideways this week.
Today I will go very simply without further explanation.
Don't forget to follow principle trading and stop loss.
I hope you operate safely.
thank you
Bitcoin Bybit chart analysis June 14Hello
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Bitcoin 30-minute chart.
Originally, the beat should have been released yesterday.
It continues to be coupled with Nasdaq only in major sections.
Although it is disadvantageous
12 days not 67010.5 dollars
Entered yesterday on the 13th
The $67367.5 Purple Finger long position strategy was connected as is.
Please refer to the Nasdaq indicator announcement at 12 o'clock.
When viewed from the beat and tether dominance movement
It is true that the beat is rising, but
Today, there may be an adjustment in Nasdaq.
I thought about it
In CPI + FOMC strategy
Everything was perfect, but perfect until the end is so difficult to achieve.
I think sideways movement is the most difficult.
It is moving sideways at a similar position to the entry price on the 12th.
I will die with my long position comrades.
*Red finger movement path
Long position strategy
1. $66616 long position entry zone / stop loss when breaking out of the light blue support line
(I thought there would be some controversy in the case of sideways movement, so I took some time to spare.)
2. $68842.5 long position primary target -> Top secondary target
From the point of breaking the pink resistance line at the top,
There may be an upward trend
At the bottom is section 1 / yesterday's section 2.
Breaking out of the light blue support line can lead directly to a downward trend.
You need to be careful
Nasdaq is always a problem. haha
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 June 12Hello
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Bitcoin 30-minute chart.
The CPI indicator will be announced shortly at 9:30 AM.
There are two issues with the FOMC US interest rate announcement at 3 am.
I think I just looked at charts all day today.
Because the strategy is too broad
It's difficult to explain in detail, but
From Nasdaq to Tether dominance
I created today's strategy based on time zone fluctuations.
Also, at the bottom left
Purple Finger $66795.5 was entered yesterday, June 11th.
This is the entry section for a long position, and it is connected to today’s strategy.
*Sky blue finger movement path
Two-way neutral
Long -> Short -> Long switching strategy
1. Chase buy at $67760 / Stop loss when the green support line is broken
2. Short position entry zone of $69,429 / Stop loss price when breaking the pink resistance line
3. Long position switching at $68,700 / Stop loss when the purple support line is broken.
Long position targets are listed in order at the top.
Top section $69,900 1st -> Good 2nd -> Great 3rd
This is an important indicator announcement, so the reason for pursuing a catch-up purchase strategy is
After difficult analysis
This is because you may miss the entry point.
Rather than aiming both ways,
I think it would be better to focus on returning long positions.
Section 1 at the bottom slopes upward to the right.
Section 2 may be extremely lateral.
There is a possibility of further decline 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 June 10Hello
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Bitcoin 30-minute chart.
There is no Nasdaq index release today.
Beat is after touching the support/resistance line on the 3-hour chart.
It's going sideways.
This week's CPI and US interest rate announcements seem to be a very important period.
Based on Nasdaq's upward-sloping protection
Based on tether dominance
We competed in the 1+4 rebound section.
*Sky blue finger movement path
Two-way neutral
Short -> Long switching strategy
1. Short position entry area of $69710.5 / Stop loss when the orange resistance line is broken
2. Long position switching at $69328.5 / Stop loss when the green support line breaks away
3. $70461.5 long position primary target -> Top secondary target
In short->long switching
The cost-effectiveness is not very good.
I created a strategy based on intermediate waves.
If the adjustment is strong at 69.7K at the top,
Section 1 at the bottom (sideways to the right) -> can be pushed to the bottom.
please note.
Also, for those who are currently entering a long position,
Breaking out of the green support line can be dangerous.
You must keep your stop loss.
After reaching the first target
Once the orange resistance line is broken, you can shoot straight upward.
Watch me.
There is a high possibility of sideways movement, and Nasdaq variables may appear.
I hope you operate safely with stop loss required + principled trading.
thank you
Bitcoin Bybit chart analysis June 4Hello
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,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
The beat is relatively good.
Nasdaq broke its pattern and reached the danger zone.
The Nasdaq movement is very important today.
Even when looking at the beat and tether dominance movement
In sections where there is a high possibility of sideways movement
We proceeded with the most reasonable strategy.
The purple finger section on the left is $68,950.
Yesterday, June 3rd, it was the entry section for long positions,
Let’s connect and continue today’s strategy.
*Sky blue finger movement path
Two-way neutral
Short->Long switching strategy
1. Short position entry zone at $69446 / Stop loss when the orange resistance line is broken
2. Switching long position at $68732.5 / Stop loss when breaking out of the light blue support line
3. $70494.5 long position 1st target -> Top 2nd -> Good 3rd
Those who have maintained long positions since yesterday
When the light blue support line at the bottom breaks away, operate with a stop loss (1 + 4 sections).
From the point of breaking the orange resistance line,
Since the upward trend can be connected, those who operate short positions
You need to be careful
If there is an immediate adjustment without short entry
Wait for long position in section 1 at the bottom
Even if a short entry at the top is successful,
Please note that you may be delayed up to 1 section.
Strong rise if the purple support line is maintained
Even if the green support line strategy is followed,
Upward rebound -> This may lead to a vertical rise after tomorrow.
Please refer to it.
I would like to ask you to simply use my analysis up to this point.
I hope you operate safely with principled trading and stop loss required.
thank you