January 11 Bitcoin Bybit chart analysis

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.

Bitcoin 30-minute chart.
There will be a CPI indicator announcement shortly at 10:30.

The same goes for Nasdaq movements.
Same with tether dominance.
The pattern is like that too.

No matter how you look at it, I think it is difficult to see a strong decline.
I have a long position strategy.
Instead, we checked risk factors and major sections.
Please check it out.


*Red finger movement path

One-way long position strategy

1. $46563.5 long position entry area / stop loss when breaking out of the purple support line
2. Top section $49,466 long position primary target -> Great secondary target

When the purple support line breaks away or the lower tail rebounds
You can touch the green support line section 1 at the bottom.

If there is a rebound in this section
I think it would be better to look at it as a sideways upward trend.
Sideways market -> Red resistance line / green support line sideways section

This is because the support line supports the light blue support line section.
If there are no variables in Nasdaq today
It seems difficult to fall below Bottom.

As you can see today,
There was an altcoin bull market for a short time.
I think you will get a sense of it when you look at the atmosphere.

Just focus on the ripple and wait for the ripple
I was hit by the rebellion of the Ethereum brothers.

In the end, everything goes according to the chart.
Also, the guy who is going is going.

However, my analysis is for reference only.
Never swear blindly

I hope you trade safely with 6 principles of trading and stop loss required.


thank you

Trade active:

I think I might miss my spot.
Purple Finger is pursuing long position at $47599.5.

Trade active:

Enter long position at $47499.5

Stop loss when the light blue parallel line breaks from the support line
The rest of the perspectives are the same.

Trade closed: stop reached:

Hello
it's a Bitcoin guide.
I will check the movement after writing the analysis on January 11th.

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

Light blue finger 16785.9 After long entry
Failed to break through the orange resistance line.

It rebounded from the light blue support line of 16683.5 points.
Extreme horizontal coverage has been completed.
It seemed like the CPI was successfully rebounding in real time.
As the US market opened, I touched the 1+4 section.

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

I think I'll miss my entry spot
Purchasing $47499.5 in real time
After shooting above $1,500
The whip saw came out just like that.

Breaking away from the light blue support line indicated,
Stop loss processing.

At the bottom, section 1 fell to $45776.5.


Breaking through the previous high point
It appears to be coupled with Nasdaq.
The strategy all worked out well
The conditions were sufficient to reach 50.7K.
I was very disappointed yesterday because I couldn't even touch the top section.

Conditions for breaking the previous high point,
Because the Nasdaq did not break through to its highest point.
It is judged that a whipsaw occurred.

Yesterday's movement reached the dangerous zone.
A dangerous signal is pressing again.

We leave you a real-time lifeline
See you in the evening analysis article.


thank you

Trade active:

Bitcoin 30-minute chart.
We have summarized the main drawing sections in real time.

The pattern has been greatly broken due to yesterday's movement.
If there is a further decline, the 12-hour chart MACD deadcross can be connected to the daily chart.

Conversely, because the center line of the 4-hour chart is close
If only section 1 marked at the top is crossed
This is a place where recovery is possible up to the safe zone.


Because the main support line is broken
Breaking out of the purple support line/green support line is not good.

Walking sideways until the afternoon
As long as you maintain the green support line without breaking away,
It is always good for long positions.

I'll explain the details in the evening.


thank you

Trade active:

Breaking out of the purple support line
It's moving sideways to the right.

I will proceed with the analysis right away.