March 7 Bitcoin Bybit chart analysis

7 במרץ 2024

Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There will be a Nasdaq indicator announcement at 10:30 and 12:00 in a while.
The 12-hour chart MACD deadcross is before imprinting.
The current position is one with many variables, so please check the analysis carefully.

*Red finger movement path

Long position strategy


1. $65,921 long position entry zone / stop loss when breaking out of the green support line

2. $70,920 long position 1st target -> Good section 2nd target

Today's strategy is to ignore the MACD dead cross on the 12-hour chart.
Since the current position has touched the 30-minute resistance line, it is a short position operation zone.
There is a possibility that it will fall from the current position to the bottom.

The important part here is section 1 at the top.
If you cannot touch the 12-hour chart resistance line
The point is that after a downward wave in section 1, it can fall to section 2 -> Bottom.

Like yesterday, this is a position with a high possibility of sideways movement.
Orange resistance line / green support line, extreme sideways protection
Please refer to the red resistance line/light blue support line and the sideways trend.

I hope you operate safely with the principle of trading and stop loss.


Thank you.

8 במרץ 2024

הפקודה בוטלה

Hello
it's a Bitcoin guide.
This is a movement since the analysis was written on March 7th.



This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.
Light blue finger 18126.6 After short entry
Breaks through orange resistance line

It has risen to the top section indicated above.
At 12 o'clock last night, it seemed like good news had occurred.
It ended with an upward rebound without any adjustments or fluctuations.

Touching the daily resistance line with yesterday's movement
The broken pattern was restored
The signal is showing an upward trend without any problems.



Bitcoin 30-minute chart.
Major sections are marked with black fingers.

Red Finger $95,921 long position was a waiting strategy, but
Do not come down to the entry point
The extreme sideways trend ends within the green support line.

The strategy was canceled.

With yesterday's movement
The engraving of the 12-hour chart MACD deadcross has been completed.
Most signals are moving in an upward direction.

I will explain more details in the analysis article later.


thank you

8 במרץ 2024

עסקה פעילה

There was a typo.

In the contents of restoration
The red finger long entry price is not $95,921.
-> $65921 is correct.

thank you