february 26 Bitcoin Bybit chart analysis

26 Feb 2024

Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 12 o'clock tonight.

4-hour chart MACD dead cross engraving in progress
With the Gap retracement of $51,000
Since it is the end of the month, there is a high possibility of sideways movement.
It is a place with many branching points.

When the pattern is partially broken
We tried to proceed as safely as possible.


*Sky blue finger movement path

One-way long position strategy

1. $50158.5 long position entry zone / stop loss when breaking out of the light blue support line
2. $51771 long position primary target -> Top $52362.5 secondary target

Section 1 at the top is a sideways section.
Until the orange resistance line/green support line converges
Please note that extreme sideways trading may occur.

Because the rebound can continue from the current position
There was no separate short position operation.
According to the pattern, it is a long waiting strategy at today's major support line.

Please keep in mind that my analysis up to this point is merely for reference.

I hope you operate safely with principled trading and stop loss required.


thank you

26 Feb 2024

Dagangan aktif

I'll try to take a short position.

Purple finger zone $51210.5 short position entry zone
/ Stop loss when the pink resistance line is broken

It is a vertical decline condition and a short->long switching strategy.

thank you

27 Feb 2024

Dagangan ditutup: hentian tercapai

Hello
it's a Bitcoin guide.
I will check the movement after writing the analysis on February 26th.



This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.

light blue fingers
In short->long switching strategy
After short entry at 17994.9 indicated
End of downward trend

Breaking out of the purple support line -> It is moving sideways up to the light blue support line.

Rather than a rebound, the pattern is gradually broken.
I chose downward facing.



Bitcoin 30-minute chart.
Major sections are marked with black fingers.

Originally, it was a light blue finger long strategy, but
Because the range was large, including long standby,
Change real-time strategy by aggressively switching short->long

After short entry at $51210.5,
Stop loss is placed after breaking through the pink resistance line.

I marked it at the top as is.
Oldgap3 -> Great -> Reached $56,979.
We introduced this in last week’s mid-term perspective.
We reached the main section.

After the Gap reversal yesterday
Ignoring sideways movements and broken patterns
After MACD dead cross imprint on 4-hour + 6-hour chart
There was a vertical rise without any danger signals.


I lost about $6,000 in seats.
It's so unfortunate.
I usually don't miss places like this.
It was also a short->long switching position on Nasdaq.
I only believe in the possibility of some sideways movement.
I tried to play it too safe and lost out on a big profit.

sorry.



This is the Bitcoin 4-hour chart.
The next clear target is around $61421.5.

I will prepare hard today and create a strategy.

See you in a moment.


thank you