March 12 Bitcoin Bybit chart analysis

Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There is a Nasdaq CPI announcement at 9:30 tonight.

After MACD dead cross imprint on 2-hour chart
3, 4, 6, 12 Dead Cross At pressure points
The pattern is maintained without being broken.
It is difficult because the possibility of sideways movement is high and there are many variables.

In the morning, I took a long position on Purple Finger at $71658.5.
It seems like the best entry point for today.
I thought about many things, but
We proceeded in the safest way.


*Sky blue finger movement path

Long position strategy

1. Entering long position at $72222, stop loss when breaking out of the green support line
2. $73726.5 long position 1st target -> Top section 2nd target -> Great 3rd target

If it rises awkwardly
Because the downward signal may continue to be pressed again after tomorrow.
Adjustments may occur.

Section 1 at the top is the short position operation section.
A breakout can immediately lead to an upward trend.

The second section at the bottom is a sideways section.
If you come down to this section,
There is a possibility of further decline after tomorrow.

Because the upward trend is still strong
Since there is no downside perspective, rather than contrarian trading,
It is correct to operate by trend following.
Please pay attention to Nasdaq movements.

Please note that my analysis up to this point is merely for reference and use.

Please operate safely with principled trading and stop loss required.


thank you

Trade active:

Red Finger chase purchase of $72,116 was carried out in real time.
Instead, because the possibility of sideways movement is very high,
When the green support line is broken, a stop loss must be placed.

Section 3 is extremely horizontally guaranteed / the target price from section 1 to the top is the same.

thank you

Trade closed: stop reached:

Hello
it's a Bitcoin guide.
I will check the movement after writing the analysis on March 12th.

This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.
Red finger 17941.2 After long entry,
The Target Touch Perfect came out at exactly $18,170.5.

Yesterday, when the CPI was announced, I made a joke in real time.
Didn't come down to the entry point
I touched it again and there was a strong rebound.

It is currently located in the central line short position operation section of the 4-hour chart.
It is not a completely safe section for long positions.
The 12-hour chart MACD golden cross is waiting.

Bitcoin 30-minute chart.
Major sections are marked with black fingers.
Yesterday in the morning, it was entering the purple finger of $71680.5.
Because I was entering a long position and the pattern was maintained without being broken.
We operated mainly on long positions without operating short positions.

Exciting through real-time voting?
Red Finger entered chase purchase at $72,116, but
After touching section 1 at the top
Breaking out of the green support line

We proceeded with a short stop loss.
The reason for the strong decline is
The 4+6+12 MACD deadcross we were concerned about has been connected.


After touching the bottom indicated at the very bottom,
There is a rebound along the light blue support line.

There was a strong correction at the previous high point in section 1, which was also indicated yesterday.

Recently, I keep making jokes before and after breaking the highest point (previous high point).
I saw movement and checked the overall reconstruction.
There was something I forgot to mention.

The medium-term pattern was broken in the larger trend.
If I had figured this out quickly yesterday
From section 1 to bottom after short entry
I should have created a strategy, but I'm sorry that I was complacent.

Perhaps the previous high point will be broken even at the current position.
There could be another strong adjustment.
To restore the pattern normally,
It has to be connected to additional adjustments.


We will provide detailed information through a video in the afternoon.

As you saw yesterday,
I keep shaking it up and down loudly.
Stop loss is a must.

I'll see you in the evening.


thank you