BitCoinGuide

June 3 BTCUSD Bybit Chart Analysis.

Short
BitCoinGuide Updated   
BYBIT:BTCUSD   None








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Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.

I will begin BTCUSD Bybit Bitcoin Chart Analysis for June 3.






Bitcoin 30 minute chart.
I marked the main sections with black fingers.

Yesterday was a long strategy,
Because it touched the 3-hour support line and was on a downtrend

To be precise, it was a short -> long switching.
At the bottom, it was a strategy for returning the gap.

It was a Stop Loss price when it broke the 1-hour resistance level.
Following the Nasdaq, it crossed the pink resistance line in an upward trajectory. *short stop loss.


Downtrend is still in progress (BB 3 hours support VS 1 hour resistance)
Unlike yesterday, the 30-minute chart changed to positive luck,
I found a place to eat short.

There are many branching points today, so it can be complicated
For simplicity, we will ignore the Nasdaq as a whole.






Bitcoin 4 hour chart.

Today's approximate Top and Bottom prices are displayed.

I'm heading right without any adjustments.
There seems to be insufficient power to connect to the vertical drop,
12-hour chart MACD dead cross is pressing.

Above all, how to write in the gap section at the bottom in a short period of time?
I was wondering if I could go down.

There are two.

A strong breakout with a downward wave
From the current position, gradually decline

The sideway move was ignored.

around the purple support line
Check the red up/light blue down movement path

I made today's trading strategy.






Bitcoin 30 minute chart.

As voted, this is a one-way short position strategy.

Instead, there are two elements.

* Get off the current 1-hour resistance level or
*3 hours after the MACD golden cross, make a downward wave and fall

Intermediate waves are omitted because they are similar.

Short -> long switching was done.

So isn't it difficult?

Today's biggest variable is along the purple resistance line parallel.
It is likely that the price will rise to the top.

Yesterday's pattern was broken and there was a forced rebound.
I made a decent amount of luck on the 30-minute chart, and when it will drop seems to be the main key.

I proceeded with the red arrow movement path with a little more leeway.
If it goes down immediately, pay attention to the sky blue finger section.

Today's overall Stop Loss is the red resistance line.



* When the red arrow moves

Short -> Long Switching Strategy

1. $31103.5 short position entry section / Stop loss when the purple resistance line is completely broken
Check the movement to break the purple support line and break away (sideways if you support it)

2. $28775.5 long position switching section / Stop loss when breaking the sky blue support line

If the strategy is successful
You can keep holding a long position without feeling uncomfortable.

In case of further declines, I think we should pay attention to the Nasdaq movement.

Together with the three majors introduced yesterday
Pay attention to the long position switching section.

Don't forget to buy in principle / stop loss is essential.


You've worked hard this week too.
I have 7 and 8 days off next week due to my personal schedule.
See you on Wednesday, June 9th.


Have a good weekend.

thank you.



Trade active:
Whipsaw
Order cancelled:
Hello

It's been a while, everyone, how have you been?

It's a Bitcoin guide.

First of all, let's go back to June 3rd.



This is the movement after the analysis was written on June 3rd.

The first left sky blue finger started with a short at $30,444,
When viewed under various conditions
Because the shape of the 1 hour support line in real time was good
I ended up with a whip saw.

Unfortunately the whipso doesn't come out
finish after the decline. The strategy is to proceed with cancellation processing

Waiting at the bottom, Gap return does not come out,
After taking the Top section as it is, and returning $29,697 for the Gap 2 section last week
I'm crossing

During my absence, the range of fluctuations was not large.
I'm glad it's moving in moderation.

I'll take a look at it in its entirety.

See you later.

thank you

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