Bitcoin bybit chart analysis May 3Hello
It's a Bitcoinguide.
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If my analysis is helpful,
I would like one booster button at the bottom, please.
There is no movement due to Bybit BTCUSD.P chart error
Today we moved to a similar BTCUSD OKX chart.
Bitcoin 30 minute chart.
An arrow path is a one-way neutral strategy.
Even though the same indicators were announced in the last FOMC announcement,
A strong decline occurred.
Today, because it is a 0.25% increase, we proceeded with a little bigger bad news.
The same goes for the tether dominance movement.
This week, Bitcoin judged that the possibility of sideways movement is high.
Focused on Nasdaq movements.
*At the red arrow path
Long -> Short -> Long Switching Strategy
1. Entry into long position at $28593.6 / Stop loss when breaking the purple support line
2. $29353.2 short position switching / stop loss when the red resistance line is broken
3. $28,006.5 long position switching / stop loss when breaking the green support line
I bet on the movement of shaking up and down.
It is a day with a large fluctuation range, so please only refer to it.
Because today is very important
Keep an eye on the Nasdaq movement.
I hope you operate safely with principle trading / stop loss essential.
thank you