Bitcoin bybit chart analysis Sep 15Hello
It's a Bitcoinguide.
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If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30-minute chart.
Yesterday $26,196.5 light blue finger section
After going long, it has been moving sideways to the right.
Since the entry position is very advantageous, it seems that most people are taking a wait-and-see approach with a stop loss correction.
I think there are some people who have no position after liquidation.
I'll leave some additional strategies behind.
There is no major Nasdaq indicator announcement today.
On the right, we have summarized the major price support and resistance lines over the weekend.
*Arrow movement path
Long -> Short switching strategy
1. $26611 long position entry area / stop loss when breaking out of the purple support line
Yesterday $26196.5,
When entering a long position,
If it breaks out of the green support line, you can take a stop loss, right?
2. $27290.5 -> 1st target for Top section -> 2nd target for Great section
If the rebound succeeds this time, it will be a condition to shoot upward strongly.
T at the last upper tail
If the top price breaks through the red resistance line, enter a stop loss short position.
In case of great price, enter a stop loss short position when the light blue resistance line is broken.
I'll follow along.
Please keep in mind that my analysis up to this point is merely for reference.
6 principles of trading / stop loss is essential to operate safely.
Thank you for your hard work this week too.
thank you