Bitcoin Bybit chart analysis February 18
Hello
It's a Bitcoinguide.
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This is a Bitcoin 30-minute chart.
There is no separate Nasdaq indicator announcement.
Bitcoin is in the process of a 12-hour MACD dead cross,
so I had a hard time analyzing it today.
*When the red finger moves,
it is a short->long or long position strategy.
1. $95,200 long position entry point / stop loss when the purple support line breaks away
2. $97,550.5 long position 1st target -> Good 2nd target
(Compared to the Bollinger Band daily chart center line,
the 12-hour chart resistance line is higher, so I did not operate a separate short position, and the 12-hour chart MACD dead cross must be finally imprinted.)
If it goes up right from the current position,
I think it would be good to start with a purple finger $96,769.5 short position. (Red resistance line breakout, stop loss price)
95,200 dollars long position switching is the same.
The first section at the top is the short position operation section,
and the second section at the bottom is the double bottom section,
so you should be careful because it can deviate strongly.
The bottom section is the center line of the daily chart, which is today's major support line.
Up to this point, please use my analysis article only for reference and use.
I hope you operate safely with principle trading and stop loss price.
Thank you.
