Bitcoin bybit chart analysis March 10

10 mar 2023

Hello

It's a Bitcoinguide.

If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.

If my analysis is helpful,

I would like one booster button at the bottom, please.



This is a one-way long position strategy on the 30-minute chart.

The vertical decline has progressed to some extent.
Today at 10:30, there are too many Nasdaq indicator announcements and branching points.

It is said that the indicator announcement at 10:30 is an important indicator with a name.
Please note.


To put it simply,
Bitcoin is best off not touching the green support line until next Monday.

It's because of the weekly chart candle.

The lowest true wave support line is ,
It would be nice to see it as the last line of support for Bitcoin.

So far, there is no justification for raising it.
The tone is thick, the signal is off

Because it touched the downside first based on the 30-minute chart
The downside is open and further declines are possible.


If, from today's breakout of the purple support line,
You need to prepare for the purple finger section at the bottom.



Gap2 retracement came out in the afternoon, and in preparation for the possibility of good news on the NASDAQ today
I focused on the arrow movement path.


*At the red arrow path

long position strategy

1. 19806.5 dollar long position / stop loss when breaking the green support line
20622 dollars 1st target -> 2nd target top price by the weekend -> 3rd target Great section

(Short-term traders can challenge both directions as much as they can.


My analysis is for reference only.


I hope you operate safely with principle trading / stop loss essential


thank you.

13 mar 2023

Operación cerrada: objetivo alcanzado

Hello.

it's a BItcoinGuide.



This is the movement after writing the NASDAQ analysis article.
The major sections were marked with a black finger.

Extremely crosswise finish within the green support/orange resistance line

Fortunately, there was no breakout from the green support line last week.
From the CPI announcement on the 14th of this week
It seems important what kind of movement will come out.



This is the movement after writing the Bitcoin analysis article.
The major sections were marked with a black finger.

After entering the first $19827 long position
In the marked long position target $20627 -> Top -> Great
A breakout of the pink resistance line is in progress.

The strategy is perfect exploitation

At the bottom, a new gap section of 20087 dollars was created.

according to this week's
It would be nice to see if there is a comeback.

I will look into the details in general.

I'll see you in a minute.


thank you