Bitcoin Bybit chart analysis June 7Hello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
At 9:30 tonight
There is one moderately important indicator announcement for the Nasdaq Non-Agricultural Index.
Even on Nasdaq, the short-term pattern is broken.
In the afternoon, Bitcoin was restored as explained in the details.
6-hour chart MACD deadcross in progress
The short-term pattern is broken.
So, after considering various conditions comprehensively,
I brought a one-way long position strategy.
This is because it is very difficult to explain positions with a high possibility of sideways trading.
I will simply summarize the analysis.
*Red finger movement path
One-way long position strategy
1. $70848.5 long position entry area / stop loss when breaking out of the light blue support line
2. $72446.5 long position primary target -> Good secondary target
Possibility of vertical rise if the purple support line is maintained
Even if we succeed in rebounding today
Because short-term patterns continue to break, NASDAQ
It must be strongly raised and coupled.
The MACD death cross on the 6-hour chart alone is not that scary.
As expected, I think the Nasdaq movement will be important.
Section 1 at the bottom is a section that traverses downward to the right.
If this section is exceeded or damaged, it will be adjusted below the Bottom during the weekend.
It can be connected, so be careful.
If you drag the chart up or down
Resistance line price and
You can check the support line price at the bottom.
If you succeed with today's strategy, this time you will really go to 100 million.
As the sideways movement gets longer, I keep turning into a shepherd boy.
Although it takes a long time
Because the overall flow and movement is in an upward trend,
Don't forget to follow principle trading and stop loss.
I hope you operate safely.
Thank you for your hard work this week too.
Although it's not enough, you're always with me
thank you!
