TradingView
BitCoinGuide
Jun 1, 2023 10:06 AM

June 1 Bitcoin Bybit chart analysis Short

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.



This is a one-way short position strategy on the Bitcoin 30-minute chart.



Light blue finger movement path

1. $27133.5 entry into short position / stop loss when pink resistance line is broken

2. $26,205 long position switching / stop loss when breaking the green support line

If the light blue support line is not broken, the possibility of sideways movement is high.
Put on a safety device.


Because $25914.5 is the low I think this week
You can refer to it in real time.


Please note that my analysis is only for reference.

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.

Arrow movement path 14250.7 after long entry -> reached Top
It came out absolutely perfect.

The uptrend has reached the brink of further uptrend.



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

After entering the short position at $27133.5, the light blue finger
Right-down sideways finish

A breakout from the green support line is in the works.
The strategy was active processing.

Unlike the NASDAQ, there is little movement
The target for this week is $25914.5 at the bottom.


If you are entering a short, check if the pink resistance line is broken.
I think it would be nice to follow the stop loss correction.

Let's look at it as a whole.


see you in a while


thank you
More