Bitcoin Bybit chart analysis May 9

299
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,
Please would like one booster button at the bottom.




snapshot


This is the Nasdaq 30-minute chart.
There is no separate indicator announcement today.

With the green support line maintenance condition, I created a strategy for a sideways market with a red finger long position strategy.

The main sections are indicated by price, so
Please refer to it.



snapshot


This is a Bitcoin 30-minute chart.

At the bottom left, with a purple finger,
I just connected the 99,222.6 dollar long position strategy from the 8th analysis article.

*When the red finger moves,
One-way long position strategy

1. 102,536 dollar long position entry section / cut-off price when the green support line breaks

2. Top section 105,417.6 dollar long position 1st target -> Target price in order from Good to Miracle.

From Miracle, the report is updated,
and the possibility of the report being updated has greatly increased due to yesterday's movement.

The 1st purple finger section at the top
If it doesn't break through, it's a sideways market, but if it breaks through, it can be directly connected to an upward trend,
so it seems safer to operate it as a long position waiting rather than taking a short. (Horizontal range until convergence section 1, 2)

From the green support line deviation of section 2 at the bottom

Because of the full candle on the left, it can be pushed hard,

So you must follow the stop loss price.

This week, it is open from Bottom-> 3rd -> 97086.1,
So please use it well in real time.

Up to this point, I ask that you simply refer to and use my analysis

And I hope that you operate safely with principle trading and stop loss price.

Thank you for your hard work this week.

Thank you.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
OSZAR »