January 16 Bitcoin Bybit chart analysis

Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.

I think I'll shake it up a bit, but as expected, there are many divergent points.
Out of respect for those who held a long position of $42561.5 yesterday
I tried to connect today's strategy.


*Sky blue finger movement path

Two-way neutral
It is a short->long switching strategy.

1. $43434.5 Gap short position entry zone / Stop loss when the orange resistance line is broken

2. Long position switching at $42755 / Stop loss when the green support line is broken

3. $43765.5 long position primary target -> Good secondary target


Those who have been holding long positions since yesterday
When breaking out of the purple support line, stop loss or green support line no. 1
I think it would be a good idea to hold on.

Once the green support line breaks away, the stepwise rise ends.
Because it reaches the danger zone
I think it would be best not to break the green support line.

It is a short -> long switching strategy in the gap section.

Long wait up to section 1
Even if adjustments are made immediately at the current position, up to section 1
Going long seems to be advantageous.

Even if there is a rebound from the light blue support line
There is a possibility of a downward trend today or a further decline after tomorrow.
Please refer to it

As things have been going sideways these days, the difficulty level has increased significantly.
Short-term trading seems to be advantageous for each long-short position.

Please keep in mind that my analysis up to this point is merely for reference.
Please operate safely with principled trading/stop loss required.


thank you

Trade active:

Hello
it's a Bitcoin guide.
I will check the movement after writing the analysis on January 16th.

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

Yesterday, the pattern was broken and there was no indicator announcement.
12 hour chart MACD deadcross
Because there was pressure, I started leisurely and short.
I took a shot.

According to the Nasdaq trend, an upward trend is observed.
It was operating normally.
This is almost like a shepherd boy.

Light blue finger 16770.9 points After entering short position
Breaks through the orange resistance line -> Top -> Touches the Good section
It ended with a strong rise without breaking out of the purple support line.

According to the pattern, a downward trend is favorable.
Because the MACD deadcross pressure on the 12-hour chart is in progress.
It seems to be shaking up and down again today.

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

As expected, the movement was as great as expected.


Yesterday, it was a light blue finger short->long switching strategy.
If adjustment comes first
It was a long waiting strategy in section 1 at the bottom.

The lowest light blue support line section
Touch the indicated danger zone of $42154.5
Lower tail rebound -> Touching section 1

Without breaking away from the green support line
Exactly $43434.5 Gap Section Touch
Short position entry has been completed.
Since it was the first short->long switching strategy, active processing was carried out.

If a gap retracement occurred in the intermediate wave,
It would have been legendary perfect, but it lacked a bit of power.

For those who have been long since the 15th
Even those who are waiting for no position or operating short positions.
It's hard to take care of everything haha.

From the current position, the perspective is the same.

Depending on the long position switching section
I hope that you will be able to operate well by following the principles of trading until the next top section.

As I announced in advance, I have plans in the morning.
I think I should go out right away.

I'll see you later in the evening.

thank you

Trade active:

This is a real-time lifeline that I left you this morning.

After entering the light blue finger $43434.5 short position,
Purple support line No. 1 vertical rising section ->
I left the final purple finger long position switching spot.

This is real-time movement.

Purple Finger $42647 after switching long position
It's moving sideways.
On Nasdaq, the correction we waited for yesterday is underway.
The beat is also shaking up and down.
We need to look at it holistically.

See you soon in the analysis post.


thank you