February 28 BTCUSD Bybit Chart Analysis

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Only 30 Min chart ,
In real time, you can check major sections and move,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for February 28.

After a private comment on February 25th, this is a move.


Details are provided in the comments at the bottom of the analysis.

I marked the main sections with black fingers.


As the wave is pushed once, it seems that the power is insufficient

From the orange resistance level, the strength is weakening and the purple support level is broken.

After entering the 38208 long position / until the orange resistance line
Counting only the $1509 profit section

Unfortunately, $40486 could not be reached,

At the top over the weekend, after completing the return of the Gap section, it fell to the right.

It's hard to be perfect these days. haha

On the right, the newly created gap section is displayed.

The green support line I waited for last week / the pink support line
Will it come down to the support line?

Let's look at it as a whole.

4 hour chart

Overall, looking at
In a big trend, the pattern is broken.

If it does not reach the strong, sky blue resistance line,
To the support line I wanted last week,
It is highly likely to come down.


based on the red support line
(The purple support line is the long position stop loss section, and the red support line is the sideways section)

Red up / sky blue down movement path check

I made today's trading strategy.

(Due to lack of color, last week's sky blue support line changed color to the current dark blue support line / Bottom section at the bottom is
The pink support line is the same as the lowest support line.)

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

While thinking about the decision to make up and down the full candle
After checking the MACD dead cross on the 6-hour chart, it decided to move downward.

It has reached the major support line on the 4-hour chart.
In the end, the direction will be different, but
If you can't keep going up even if you hit the upper side first
Overall, there is a high chance that it will come back down.

Because there was a rebound from last week's strange spot
I put my weight on the bottom, and after I came down enough

I expected the return of the gap at the top again.

If it is affected by the Nasdaq, after the last day of February today
It looks like the direction will be decided from next month.


The conditions are very strict today.

Even if it comes down first, if the sky blue support line is broken
There is a possibility that it may drop to the lower tail or the bottom to the dark blue support line.
Please refer to it.



* When the light blue finger moves

Short -> Long Switching Strategy

It's important to know what kind of rebound from the first $36923.5.


1) $37206.5 short position entry section / Stop loss when the orange resistance line is broken

2) $35527.5 long position switching section / Stop loss when breaking off the sky blue support line


After that, I put weight on either a right-to-right sideways movement or a Gap retracement after tomorrow.

If you support me near the sky blue support line today
It could be the second lowest floor that you've been waiting for.

(After the last $32903, including the condition of the February decline in Nasdaq)

If you are able to operate Stop Loss, I think it would be good to challenge the long-term trend with major alts.


Overall, we ignored the possibility of sideways trade and proceeded with a trend market strategy.

In the case of reaching the upper gap first
If the high point breakout does not come out continuously,
The red support line sideway move finish.

My analysis is for reference only.

Principle trading / Stop loss is essential, I hope that you operate safely.


thank you.

Trade closed manually:

Hello

it's a Bitcoin guide

After much effort, the beat showed good movements.
Let's check the movement after the final finish.

This is the move after the private comment on February 28th.

Yesterday, while comparing 1:1 with Nasdaq in real time,
Choose upwards.

When it crossed the green resistance line, it was an uptrend.
It is judged that it is difficult to break through the top section normally.
It was a short switching strategy.

It's a move after that.

After reaching the green resistance line
An uptrend was connected.

$38280.5 Long position entry to short switching position
counted up to $1366.5.

After that, at the short switching position,
Because it is possible to operate individually in real time
ended up with a manual cleanup.

Overall, because there was no touch of the 30-minute support line.
It became a strong rising condition,
The major support line on the 4-hour chart connected the uptrend.

At least once, I decided that I was going to come down and see the match.
I missed the big spot.
If I miss this place, my self-esteem is a bit hurt.

Because yesterday is not the only day

For those who missed the seat yesterday, there is no need to be heartbroken.
seat is out again
Rather than getting stressed while grabbing the floor from below

Because it is an additional entry spot after the long-awaited jinban light
From the return adjustment, safely
You can ride on the long-term trend.

Don't overdo it today
If you know how to see the rising pattern, check the pattern carefully.
I wish you a good ride

Have a good holiday and I'll see you on Wednesday, March 2nd

thank you