Bitcoin Bybit chart analysis May 9Hello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
Today at 9:30 there is a Nasdaq indicator announcement.
1-hour chart MACD deadcross
Because the branching point was divided as it kept being imprinted and released.
The analysis took a long time.
I honestly almost lost my eyeballs comparing it to Tether Dominance.
Everyone wants something hot, so in a place where everyone can see it is a huge downfall.
It is a catch-up buying strategy with a stop loss.
Nasdaq is always the variable
Today, additionally,
Will there be a MACD deadcross on the 12-hour chart at 9 a.m.?
Will the daily chart MACD deadcross be imprinted by 9 a.m. tomorrow?
Please check.
*Red finger movement path
Two-way neutral
Long->short switching strategy
1. $60,977 long position entry zone / stop loss when breaking out of the green support line
2. Short position switching at $63053 / Stop loss when breaking the red resistance line
If the strategy is successful,
Tomorrow's daily chart MACD dead cross depending on whether or not it is engraved
While maintaining a short position of $63,053,
In case of engraving -> Wait for long switching
In case of failure -> maintain short position
You can solve it together in tomorrow’s analysis article.
The 1-hour chart MACD dead cross is not engraved at the current location.
If you come down to retouch,
If the 12-hour chart MACD dead cross is not engraved until 9 o'clock
Or, if the resistance line is touched on the Bollinger Band 1-hour chart and the extreme horizontal is guaranteed,
You can get down to section 1 at the bottom for $60,642.5.
It is currently falling vertically on the 4-hour chart.
If it fails to break through the pink resistance line and declines, section 1 is ignored.
You can be pushed straight to the bottom
Stop loss is absolutely mandatory.
What I think is a safe mid-term upward trend is
It's about a light blue support line.
Current position, light blue support line, until the last support line
If there is an upward trend again,
If you get a chance out of three, you should try it, right?
If you trade principledly with a short stop loss,
In the end, I think you can safely make a profit.
I can't be the right answer or standard.
Don't forget that real-time selection is most important depending on the chart movement.
Please note that my analysis is for reference and use only.
I hope you operate safely with principled trading and stop loss required.
thank you
