Bitcoin Bybit chart analysis April 29Hello
It's a Bitcoinguide.
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This is the Nasdaq 30-minute chart.
There will be an indicator announcement at 11 o'clock in a little while.
After the 4-hour chart MACD dead cross was imprinted yesterday
Today, two things are clear
*Red finger strong rise or purple finger major rebound.
The main issue was whether the 6-hour chart MACD dead cross occurred
After writing the analysis, looking at the overall movement
The purple finger seems strong today.
Let's apply it to Bitcoin as it is.
This is a 30-minute Bitcoin chart.
At the bottom left, I connected the long position entry point of $93,046 that I entered in the analysis article on the 25th.
Bitcoin and Tether dominance are moving sideways.
Bitcoin is slightly more advantageous in terms of MACD signals or Ichimoku Kinko Hyo,
but it is not strange if one side skyrockets or plummets.
While moving sideways, I was watching Nasdaq,
and I paid attention to the Nasdaq movement.
*Red finger movement path
One-way long position strategy
1. 94242.4 dollar long position entry section / green support line breakaway stop loss price
2. 96005.1 dollar long position 1st target -> Top 2nd target -> Final Good
The 1st section at the top is the rising wave position
If you touch it first, the possibility of success of the strategy increases.
If the strategy is successful, it would be good to use it as the final long position re-entry.
Depending on the adjustment coming out of Nasdaq, it can be pushed up to section 2
Roughly, it is the support line of the Bollinger Band 6-hour chart.
If the rebound fails in Nasdaq
Bottom -> Please note that it can be pushed to section 3.
Up to this point, please use my analysis as a simple reference and use.
Thank you.
