Bitcoin Bybit chart analysis May 29Hello
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.
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
