February 17 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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Bitcoin 30 minute chart.
It is a one-way long position strategy.
As much as it fell strongly yesterday, the current seat is important.
Upon successful rebound,
Daily Chart MACD Golden Cross Consolidation Possibility
If there is an adjustment from the current position, 1+4 or 1+6 up to the sky blue support line (pattern is broken)
If you know how to see 1 + 4, you can check it as it is.
Those who have difficulty understanding
You can take a stop loss when the purple support line completely breaks.
If it rises strongly,
Judgment that it does not come down to the entry point,
And look at the possibility that the Nasdaq will not fall significantly
We prepared a hot-aggressive chase long strategy.
arrow path
long position strategy
1. $23748.5 long position entry section / stop loss when completely breaking the purple support line (check until breaking out of the 1+4 section)
-> $24606.5 1st target, final target is Top section (when engraved with MACD Golden Cross on daily chart)
The target through the weekend is $26530.5.
Following the movement today, pay attention to the movement of altcoins over the weekend.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
