January 12 Bitcoin Bybit chart analysis

Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There is an indicator presentation at 10:30.

After yesterday's whipsaw, it has been moving sideways to the right.
It looks like there is a high possibility of playing up and down today as well.

There has been no downtrend yet.
If it breaks through the orange resistance line
I think there is a good chance of winning
I created a strategy.

However, the conditions are very strict, so please read the analysis carefully.


*Red finger movement path

One-way long position strategy

1. $45,615 long position entry zone / stop loss when breaking out of the green support line
2. $48608.5 long position target -> Good section 2nd target -> Great section 3rd target

Section 1 marked at the top is
This is the short position operation period.

Create a downward wave here
There may be a position to enter a long position, or it may fall to the bottom.
Because the pattern is partially broken
If it breaks below the green support line
You need to be careful because it can be directly connected to the Bottom section.

From the orange resistance line
This is a section that can be connected to an upward trend.
If connected, the 12-hour chart MACD deadcross can be ignored.

I think it would be good to use short -> long in the intermediate wave.
No matter what happens today
From a long position perspective, the green support line must not be broken away.
Check the horizontal range between the orange resistance line and the green support line.
You also need to be careful of the volatility of Nasdaq.

I've shown the highest and lowest prices.
please note.

If only the green support line is maintained today
It looks like altcoins will continue to be bullish.
The ripple may bounce upward on the weekend.
I think it would be good if you could keep an eye on it.


Please note that my analysis up to this point is merely for reference.

Trade safely with principle trading/stop loss required.

Thank you for your hard work this week.
See you next Monday.


thank you

Trade closed: stop reached:

Hello
it's a Bitcoin guide.
I will check the movement after writing the analysis on January 12th.

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

After entering the red finger 16778.5 point long position
Extreme lateral coverage ends up to section 1 of the red resistance line.

4-hour chart MACD dead cross engraving completed
The pattern is not broken and is maintained without deviation from the 1+4 section.

Bitcoin 30-minute chart.
Major sections are marked with black fingers.
After entering the red finger long position at $45,615
Breaking out of the green support line

We proceeded with the loss processing.

Personally, it's like 10 days in the danger zone.
I expected some movement, but
There was a vertical decline.

Bottom indicated -> $43280 -> up to the bright sky blue support line
It's moving sideways while touching.

A gap of $43434.5 has been created at the top.

After whipsaw, it leads to a vertical drop.
The daily chart has deviated from the central line -> the pattern is also broken.

The adjustment turned out to be stronger than expected.

I think some people are worried about the weekend.
Let's leave the lifeline behind and go in.


thank you

Trade active:

Hello
it's a Bitcoin guide.
I will check the movement after writing the analysis on January 12th.

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

After entering the red finger 16778.5 point long position
Extreme lateral coverage ends up to section 1 of the red resistance line.

4-hour chart MACD dead cross engraving completed
The pattern is not broken and is maintained without deviation from the 1+4 section.

Bitcoin 30-minute chart.
Major sections are marked with black fingers.
After entering the red finger long position at $45,615
Breaking out of the green support line

We proceeded with the loss processing.

Personally, it's like 10 days in the danger zone.
I expected some movement, but
There was a vertical decline.

Bottom indicated -> $43280 -> up to the bright sky blue support line
It's moving sideways while touching.

A gap of $43434.5 has been created at the top.

After whipsaw, it leads to a vertical drop.
The daily chart has deviated from the central line -> the pattern is also broken.

The adjustment turned out to be stronger than expected.

I think some people are worried about the weekend.
Let's leave the lifeline behind and go in.


thank you