March 6 Bitcoin Bybit chart analysis

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,

Please would like one booster button at the bottom.

Bitcoin 30-minute chart.

There is a Nasdaq indicator announcement at 12 o'clock tonight.
As you can see, the beat is on the verge of an upward trend.

If it breaks through the red resistance line at the current position
The 12-hour chart MACD deadcross is ignored.
This is a position where you can rise to near the top.
The pattern is also maintained without being broken.

In case of tether dominance,
This is because there is no room for shorting and it is a section where some degree of rebound is possible.
Keeping in mind the possibility of a sideways correction from the current position,
I did not operate a chasing long position because it was unreasonable.


*Sky blue finger movement path

Short->Long switching strategy

1. $68,870 short position entry zone / stop loss when touching the resistance line on the 12-hour chart
(At this point, this is the roughly displayed Stoplossw)

2. Long position switching at $61,991 / Stop loss when breaking out of the light blue support line

From the orange resistance line
It is a sideways trend up to the green support line in section 1 at the bottom.

It can be dangerous once it breaks the red resistance line.
I hope you operate safely in both directions.
Please note that my analysis up to this point is merely for reference and use.
Operate safely with principled trading and stop loss required.


thank you

Trade active:

Because the Bollinger Band 1-hour chart resistance line has opened
It can be directly connected to an upward trend.
Please pay attention to the Nasdaq indicator announcement and real-time movements later at 12 PM.

thank you

Order cancelled:

Hello.
it's a Bitcoin guide.
I will check the movement after writing the analysis on March 6th.

This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.
After entering the red finger long position at $17951.4
After touching section 3, the extreme lateral coverage was completed.

The pattern is broken and there are no dangerous signals.

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

Sky Blue Finger: It was a short position strategy of $68,870.
The end of the extreme sideways market without touching the entry position.

The strategy was cancelled.

The 12-hour chart MACD deadcross is in progress.
It is moving sideways and is converting into an overall upward signal.
It seems important whether or not the MACD dead cross is engraved on the 12-hour chart.

We will provide detailed information in the analysis article.

thank you