BitCoinGuide

January 18 Bitcoin Bybit chart analysis

BitCoinGuide Updated   
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There will be an announcement of Nasdaq indicators at 10:30 a.m.
In the case of tether dominance
This is a section that could lead to an upward trend if it breaks through today.
This is a very important position.

I drew it up as a comment in the afternoon.
Red Finger $42356 long position entry zone
We will continue with the same strategy.

Also, the difficulty level is very high today.
Everything has to be right, including waves and timing.
You can succeed in a two-way strategy, so you must always set a stop loss.


*Red finger movement path

Two-way neutral strategy

1. $42356 long position entry zone / stop loss when breaking out of the green support line
2. $43,100 short position entry zone / stop loss when breaking the red resistance line
3. Long position switching at $42622 / Stop loss when the green support line is broken

If it breaks out of the green support line today
Because there is no proper support line.
It can be connected to the 1st lateral crossing shown at the bottom -> Bottom.

When reaching the bottom section
The lower tail rebound (tether dominance is whipsaw) must be connected.
Please note that there may be a rebound again after tomorrow.

Please note that my analysis is for reference and use only.
I hope you operate safely with principled trading/stop loss required.


thank you
Trade closed: stop reached:
Hello
it's a Bitcoin guide.
I will check the movement after writing the analysis post on January 18th.


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

Red Finger 16780 After entering long position
Reach the top section -> After touching the purple support line
We are heading towards the Good section.

In the main section explained yesterday,
It has not yet touched the resistance line on the 12-hour chart.
I'll have to watch the movement more though.
NASDAQ is in the danger zone from daily double top to monthly double top.
As it breaks through, there is a further upward trend.


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

After entering the red finger $42356 long position
Unable to break through the pink resistance line
The green support line indicated -> Bottom section -> fell to $40635.

The strategy was to take a stop loss.

As explained in detail in real time yesterday,
Hold on well and then at the pink resistance line -> 5-minute bar trend reversal.
After the downward wave, a vertical decline occurred.

Those who operate long, short, and no positions in real time
I don't know if you managed it safely up to 40.6K.

Ignoring even sideways or whipsaw sections
It eventually fell to $40,635.
There is pressure on the weekly chart MACD deadcross.
There may be continuous pressing movement for a while.
You have to be careful.



This is the Tether Dominance 30-minute chart.

Yesterday, it broke the downward trend line that should not have been broken.
The trend has shifted to an upward trend.

Nasdaq is moving sideways to the right.
Beats are plummeting.
From today, you need to be careful when entering long positions.
In the case of altcoins, you must proceed with a stop loss in the risk zone.
It seems advantageous to operate with a focus on two-way or short positions.

For more details, see the evening analysis article.
I'll organize it in detail.


thank you
Trade active:

Bitcoin real-time market situation.

After entering a long position at $40635, it has been trending sideways.
We will continue the analysis as is.

thank you

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