March 19 Bitcoin Bybit chart analysis

Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement.
It continues to decline vertically without providing a short entry position.
No rebound along the pink resistance line
A continuous vertical decline is impossible.

Nasdaq also continues to undergo corrections in ambiguous places.
It is not easy to get direction because it is falling in a downward direction.

The short entry position has already left.
To some extent, I have to not be defeated in a battle of momentum.
I thought about it a lot.


Beat is in the lower tail section from the midpoint of the last trend.
I created a strategy according to the tether dominance whipsaw section.

Because today’s Bottom section does not serve as a support line.
The strategy must be successful
This is good for long positions.


*Red finger movement path

Long position strategy

1. $61546 long position entry zone / stop loss when breaking out of the green support line

2. $65,916 long position primary target -> Top secondary target

Section 1 at the top is the short position operation section.
If it leaves the bottom section, it may fall to section 2.
At the bottom is $55,771.
In my opinion, this is the position where the maximum decline can occur in this adjustment.

Please keep in mind that my analysis up to this point is merely for reference.

I hope you 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 19th.

This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.

After touching the marked section 1, the pink resistance line is broken.
After touching 18027.8 points, the upward trend ended.
The candle has recovered above the central line of the Bollinger Band 4-hour chart.

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

Red Finger $61,546 long position was a waiting strategy, but
Rebound without touching the entry position

Tap once on the short position operation section indicated at the top.
It fell near the green support line.
I immediately took a detour without a long entry position and returned to the entry position.
Personally, this is the position I was aiming for.
After entering the long position, I became active.

As explained in detail yesterday
Please consider that this adjustment is open to a maximum of $5577.1.
Take a long breath until you touch the rigging trend at the top.
For the time being, it seems advantageous to operate in both directions.

When the price deviates from the current position, the support line price is displayed at the bottom.

I think there are people who are maintaining long positions.
I leave you with a lifeline, and I’ll see you in the evening analysis.


thank you

Trade active:

Bitcoin 30-minute chart.
It's a real-time lifeline.
Purple Finger After entering a long position of $61,546
I continued as is.

While maintaining the green support line,
It has become a support line that can be defended at least once.

Sections 1 and 2 at the top are short position operation sections.
After leaving section 3, the bottom is open up to $55,771.
please note.

thank you