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I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 16th .
This is an analysis written on last Friday.
It was a long position strategy,
Without much movement, it was finished with a sideaway.
This is a newly created weekly chart.
In one week, only one chart is generated week.
The plunge came out last week,
Because a strong downward movement came out,
It was necessary to check the bottom.
Today, an additional 4 hour / day / week chart was created,
focused on this part and have a Trading strategy.
Today's trading strategy. It is a 30 minute chart.
Overall, the downtrend is strong
It is dangerous if the Green Support line line section is brokeaway.
Check A and B paths and
A long position / B short position operation.
If there is a B path movement,
Short position operation is advantageous.
In addition, the blue finger section of the A path at the top
Please refer to the red finger section of the B path at the bottom.
Because the daily fluctuation is large,
day-Trading is advantageous.
It is better to run short,
Only the correct points are Entry and Finish.
The mid- to long-term downtrend can continue
Be careful,
For the time being,
securing the number of coins Please focus.
Thank you.