Bitcoin Bybit chart analysis May 31Hello
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.
Nasdaq has an indicator announcement at 9:30.
Today is bit and tether dominance
It is really difficult to analyze because both sides are imminent.
The possibility of a sideways move is very high.
Tether dominance in patterns or flows
It is more likely to rise than beat.
Nasdaq is also in a situation where a rebound is unlikely.
We created a strategy that was as safe as possible based on sideways movements.
*Sky blue finger movement path
Long position strategy
1. $67676.5 long position entry area / stop loss when breaking out of the light blue support line
2. $69,008 long position primary target -> Top secondary target
Section 1 at the bottom is
The major support line is 12 + the daily support zone.
There is a very high probability that you will come down to this section today.
So, I took the stop loss at a breakaway from the light blue support line.
In this section, the rebound is weak or
If there is a further decline in Nasdaq
Bottom -> Section 2 at the bottom
Please note that it may continue to flow throughout the weekend.
Because there are no danger signals
There was no final short position operation today.
If today's strategy succeeds, over the weekend [
It looks like Bitcoin will surpass 100 million again.
If you drag the analysis text up or down,
I have left the main support and resistance prices above and below.
I think it would be a good idea to use it as a reference.
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
