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BitCoinGuide
May 8, 2023 11:14 AM

May 8 Bitcoin Bybit chart analysis Long

BTCUSD Perpetual ContractBybit

Description



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.





Bitcoin 30 minute chart.

This is a one-way long position strategy.

I think this week's opposite trade section is
From the green support line to the blue resistance line.

If the strategy is right, by this week
In margin trading, long/short two-way day trading
In the spot exchange, buy low and sell high
You might want to try a minor altcoin.



arrow path

1. $27721.5 entry into long position / stop loss when breaking the green support line

$29930.5 long position target -> 2 targets from Top to Gap section


My analysis is for reference only.


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


thank you

Trade active

Hello
it's a BitcoinGuide.



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

light blue finger path
short -> long switching road
sideways finish

Finely set the long switching section at the bottom,
Couldn't touch.



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

Arrow movement path after touching $27721.5
Extremely transverse finish.

When the green support line is broken
I've reached the entrance.

The strategy is active processing.

As Tether Dominance rises once more,
Additional adjustments have occurred.

Because the 1-hour chart MACD dead cross has already been imprinted.
Those who are long-term
Depending on whether the current low or light blue support breaks through,
I think you should keep your stop loss.

CPI is coming this Wednesday.
Because of the tether dominance signal
Bitcoin can still be difficult.

If you get over this gobi, it looks like you're going straight up again.

I'll check it out overall.


I'll see you in a minute.


thank you
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