BitCoinGuide

March 13 Bitcoin Bybit chart analysis

Long
BitCoinGuide Updated   
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.

It broke the previous high again this afternoon.
6-hour central line touch -> When the mid-term pattern is broken
The pattern recovered by touching the 6-hour resistance line, but
When looking at past movements
Unable to touch the daily chart resistance line
A strong decline occurred.

When the pattern is restored and raised strongly,
There are two cases where the pattern is broken and it is gradually raised.
So far, it appears to be the second movement.
We have created a strategy for that.

*Red finger movement path

Long position strategy

1. $72,994 long position entry zone / stop loss when breaking out of the purple support line
2. $76,407 long position primary target -> Great section secondary target

Section 1 shown at the bottom is a sideways market.
When falling vertically from the current position
Bottom section -> Open up to number 2
Section 2 is where the 6+12 pattern is restored.

Also, if the rebound succeeds today,
Bollinger Band daily chart resistance line up to the position marked in purple.
On the condition of not touching
The position closest to the Top or Great section becomes the short position switching section.
I am waiting for the pattern to recover due to a large downward rebound.

There may be an extreme horizontal guarantee without any movement today.
Please refer to it
Please operate safely with principled trading and stop loss required.


thank you

Trade active:
Hello
it's a Bitcoin guide.
I will check the movement after writing the analysis on March 13th.


This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.
After entering the red finger long position at $18,195
Breaking out of the purple support line -> to section 1 of the green support line
It ended after a downward downward trend.
MACD deadcross on the 4-hour chart is pressing.


Bitcoin 30-minute chart.
Major sections are marked with black fingers.
Red Finger $72,994 after long entry
Breaking through the pink resistance line -> breaking away from the purple support line
The extreme sideways trading has ended.

Because it went sideways without any fluctuations,
The strategy is active processing.

It's gradually making waves.
I touched the lower Bollinger Band first, but
Overall, it touches the 1-hour resistance line / 30-minute support line.
The upward trend is favorable.

The MACD deadcross on the 12-hour chart is depressed.
The final engraving seems important.
It looks like the direction will come out at 9 o'clock tonight.

I think there were some people who entered long positions yesterday.
I'll leave you with a lifeline, and I'll explain more details in the analysis.


thank you
Trade active:

Bitcoin 30-minute chart is a real-time lifeline.
Major support and resistance lines are indicated.

Purple Finger $72,994 Long position entry section entered yesterday

When breaking out of the purple support line,
The order is section 2 -> section 3.
Section 3 is the section where the 4+6 pattern can be recovered.

Also, section 1 at the top is a position that can be connected to an upward trend.
If you break through this section strongly
When touching the resistance line on the 12-hour chart,
Ongoing 12-hour chart MACD deadcrosses are ignored.

In this case, the target price is Top -> Great at the top.
Short position entry position in the final target section
It looks like it will come out tomorrow or so.

I have summarized the main contents so far.
I'll explain the rest in the analysis later.


thank you

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