Bitcoin Bybit chart analysis February 5
Hello
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.
This is the Bitcoin 30-minute chart.
Shortly, at 10:30 and 12 o'clock, there will be a Nasdaq index announcement.
The purple finger on the lower left
is connected to the long position switching section of 96,657 dollars yesterday.
Currently, there is pressure from the MACD dead cross on the 4-hour and 6-hour charts,
and the short-term golden cross and the medium-term have already been imprinted,
so there is a very high possibility of a sideways movement.
To explain it simply,
If anyone sees a decline due to the 4-hour MACD dead cross,
I am using a strategy that holds on as much as possible even if it moves sideways,
and that there may be another rebound.
There is still time left this week.
First of all, it is because Nasdaq is basically ignoring all Bitcoin waves, patterns, and signals,
and because the rebound is continuing due to Trump's tariff suspension.
Instead, I held the stop loss tightly and
I created today's strategy by comparing it to Tether Dominance.
*When the blue finger moves,
Bidirectional neutral
Short->Long switching strategy or final long waiting strategy
1. $99,246 short position entry section / stop loss when orange resistance line is broken
2. $98,099, long position switching in section 1 / when green support line is broken
or when section 2 is touched
3. $101,436 long position 1st target -> Top section 2nd target
The top section is the center line of the Bollinger Band daily chart.
Since it is the first touch in this wave,
If it touches before the additional daily chart is created at 9 am tomorrow,
After liquidating the long, short short
If it reaches it after tomorrow, it can be raised with some force,
so let's solve it together while maintaining the long position. If the strategy is successful today, I have also indicated the additional long position entry section at the daily closing price, so please use it conveniently.
It has currently reached section 1,
but if it falls from the current position, it will fall vertically.
The section 2 at the bottom is the final long waiting section if it fails to touch the 99.2K short entry point at the top and
it goes down.
From section 2 below, the support line is Bottom -> Section 3.
Since the distance is far, I hope you operate well in real time.
Please use my analysis article as a reference and only
Please operate safely with principle trading and stop loss.
Thank you.