BitCoinGuide

January 31 Bitcoin Bybit chart analysis

Long
BitCoinGuide Updated   
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract

Hello

It's a Bitcoinguide.

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Bitcoin 30 minute chart.

In the case of Bitcoin
There is no danger signal, and the pattern is broken, but it is a condition for a rebound.

Same as yesterday, I will go long position again.


*In arrow movement path

One-way long position strategy

1. $22870.5 long position entry section / stop loss when green support line breaks / $23189.5 long position 1st target -> Good final target


In case of a correction or further decline, pay attention to the Gap3 section.


My analysis is for reference only.

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


thank you.
Trade closed: target reached:

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

along the arrow path,
Without breaking the purple support line -> Breaking through the orange resistance line

Up to the marked target, finish to the right.


Bitcoin 30 minute chart.
The major sections were marked with a black finger.

After entering the long position at $22870.5,
First target reached / exploited.

On February 2nd, at 4:00 am, there is an interest rate announcement on the Nasdaq.
Let's work hard to strategize.


thank you.

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