Bitcoin Bybit chart analysis April 11Hello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
At 9:30, Nasdaq indicators are being announced.
I really thought about it a lot today.
I think the sideways trading strategy is the most difficult in the world.
There are so many variables and so many branching points.
We have brought you the safest and most reasonable strategy.
*Red finger movement path
Long position strategy
1. $69300.5 long position entry zone / stop loss when breaking out of the light blue support line
2. $71,028 1st section 1st target -> Top $72,232 2nd target
Because the signals are all mixed up.
The possibility of a sideways move is very high today.
I hope you take advantage of the stop loss correction in your long or short positions.
Uptrend when it breaks through section 1 at the top
Section 2 at the bottom is sideways.
If it breaks out of the bottom section today, it is definitely not good for long positions.
Once the direction is decided today,
After tomorrow, the direction of the signal will be sorted out.
I think there will be a trend either upward or downward.
Please note that my analysis is for reference and use only.
Please operate safely with principled trading and stop loss required.
thank you
