May 10 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,

I would like one booster button at the bottom, please.

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

When I saw the Nasdaq movement
I thought the crash was difficult.

In the case of Bitcoin, if only the purple support line holds well
It becomes a condition that can rise strongly enough.

On the contrary, because the possibility of sideways movement is very high
Please pay attention to the CPI indicator announcement at 9:30.



*At the red arrow path

long position strategy

1. $27550.5 entry into long position / stop loss when breaking the green support line

In the middle wave shown

You can re-enter after the 1st profit margin of 28475.5 dollars
Depending on the circumstances,
You can also hold a long position for a long time.
(Whether or not the purple support line breaks)

The final target is the Top price, and the Gap retracement after tomorrow morning is the second target.


strategy fails at the current position, or
During the down wave, pay attention to the light blue finger section shown at the bottom.

My analysis is for reference only.

Please operate safely as principle trading / stop loss is essential.


thank you

Trade closed manually:

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 13169.6 After long entry
strong rise finish

According to the pattern, even if you increase the level of the right side step
It was fine, but I ignored it, and it made a strong rise.

Raising stronger than expected
Top -> We reached the sky blue resistance line.

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

Arrow Path $27550.5
After long entry,

Up to 28457.5 dollars at the top, the power was a bit lacking
downtrend continues

The sky blue finger pointed at the bottom
Touch 26739 dollars and finish the rebound.
The wave came out less than expected, so I dropped it down significantly.
Unlike Nasdaq, why is this movement coming out?
The effect of tether dominance seems to be the biggest.

Even if you keep the status quo this week and move sideways
It may rise strongly from next week.
Please note.


yesterday's strategy
on the arrow path
Those who are holding long are maintaining the stop loss of the green support line.
extreme crosswalk

People who switched shorts in real time with Mako
Even those who waited long or switched long in the light blue finger section
I guess you will.

with an up-and-down movement
Since the variable was quite large, the strategy was to process manual liquidation.

Remaining move versus Nasdaq
Let's look at it as a whole.

I'll see you in a minute.


thank you