Bitcoin Bybit chart analysis April 4Hello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
Shortly after at 9:30, the non-agricultural employment index,
There is one important indicator announcement.
Bollinger Band 2-hour chart MACD dead cross was engraved
Because there are major candles near the main center line.
This is a position with a very high possibility of sideways movement.
Yesterday there was a strong decline in the Nasdaq.
I'm expecting an upward wave today.
The beat is currently a short entry position or a section where there is no room to short.
In the case of tether dominance, the rising pattern is broken.
We proceeded with our strategy as safely as possible.
*Sky blue finger movement path
Long position strategy
1. $66621.5 long position entry zone / stop loss when breaking out of the green support line
2. $70,472 long position primary target -> Good secondary target
There was no separate short position.
Because the green support line is the main central line section.
If you leave, it is definitely not good.
I marked it
When touching the uptrend section, the mid-term downward trend is broken.
Sections 1 and 2 at the top are short position operation sections.
Number 3 at the bottom is a downward sloping market.
In chart analysis over the weekend
If you drag up and down, you will see the main price range at the top and bottom.
I left it for you, so I think it would be a good idea to use it.
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 for your hard work this week too.
thank you
