Bitcoin Bybit chart analysis April 30Hello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
After touching the center line of the Bollinger Band daily chart,
It is falling vertically.
It continues to flow without any entry point.
I wish I hadn't come to this place
In the end, we came down to the nearby area again.
Tether dominance also reached the section just before the mid-term upward trend.
Either completely break out of the green support line today or
If the rebound fails, go to section 2 at the bottom.
Please be careful as it may continue to flow.
*Red finger movement path
One-way long position strategy
1. $60,139 long position entry zone / stop loss when breaking out of the green support line
2. $63,112 long position 1st target -> Top 2nd -> Good 3rd target
Section 1 at the bottom is
This is a place where a downward tail rebound can occur.
Please note that if the rebound fails, the flow may continue.
Today, support is within the green support line.
It is best for long positions.
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