february 2 Bitcoin Bybit chart analysis

Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.

Red Finger $43318 after entering short position in the morning
I linked it to today’s strategy.

10:30 am Nasdaq indicator announcement
We bet on a vertical decline in Tether dominance.

*Red finger movement path

Long position strategy

1. $42,935 long position entry zone / stop loss when breaking out of the green support line
2. $44469 long position primary target -> Great secondary target

I set my stop loss with a bit of leeway.
In tether dominance, which moves opposite to the beat
If there is no vertical drop

It may trend sideways or fall to the bottom.

The green support line section 1 is a sideways section.

If you leave the bottom section, until the weekend
The support line price is displayed at the bottom.

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 for your hard work this week too.


thank you

Trade closed manually:

Hello
it's a Bitcoin guide.
This is a movement since the analysis was written on February 2nd.

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

I marked it,
Red finger 17505.7 after long entry
Damaged green support line -> Breakthrough of orange resistance line
I reached section 1 marked at the top.

It ended with an upward trend.
Shaking it up and down
It's now time for the MACD golden cross on the 12-hour chart.

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

This was a strategy implemented after entering a short position of $43318.
Bottom red finger $42,935 in long position
Touch the horizontal trestle in section 1 indicated.
Green support line -> within the orange resistance line
Extreme horizontal coverage has been completed.

The strategy was manual liquidation.

It moved sideways over the weekend, breaking away from the green support line -> the deep blue support line.
After touching the $42174.5 indicated at the bottom
It's going sideways.

A new gap section of $42,960 was created at the top.
The MACD deadcross on the weekly chart continues to move sideways.
As expected, it stayed connected until Lunar New Year's Day on the 12th.

Also, I happened to have a simple opening ceremony today.
I'm a little out of my mind.
We will provide detailed information in the evening analysis article.

thank you

Trade active:

Bitcoin 30-minute chart real-time movement.
After touching $42174.5
The gap section indicated has been completed, with a retracement of $42,960.

See you later in the analysis article.


thank you