BitCoinGuide

february 29 Bitcoin Bybit chart analysis

Long
BitCoinGuide Updated   
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
Beat is also about to break through its highest point.

Depending on the movement today, it may be connected to the whip saw.
This is an important position where adjustments may continue after tomorrow.
The downside is open in tether dominance, but
The up and down waves that moved strongly yesterday also seem suspicious.
There is a high possibility of a sideways move today,
There are many variables, so please read the detailed description carefully.


*Red finger movement path

1. $621631 long position entry zone / stop loss when breaking out of the green support line
2. Top section 1st target -> Good -> Great target section in this order.

The Heaven section at the top is the highest point section.
Because the range of up and down fluctuations is large, the stop loss is set tightly.
You might miss your entry point
I was wondering whether I should chase up or not buy.
We proceeded in the safest and most reasonable manner.

2-hour chart MACD dead cross depending on whether or not it is engraved
The direction appears to be divided.

From Miracle at the top to section 1 of the light blue support line, it is a sideways trend.
I have left the drawing section from tomorrow until the weekend.
I think it would be a good idea to look for it.

Probably before and after breaking through Heaven’s highest point
Because you can be very mischievous,
Be sure to set stop losses in both long and short directions.
Those holding long positions can follow suit by modifying the stop loss.


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.
Have a nice holiday and I'll see you next Monday.


thank you
Trade active:
The long entry price is $61,631.
There was a typo.

go for it
Trade closed manually:
Hello
It's a Bitcoin guide.
I will check the movement after writing the analysis on February 29th.


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

Red finger 17829.5 points after long entry
Strategy success from Top to Great section

Afterwards, on March 1st (Korean time), the holiday
There was an increase once.
A 18279.9 Gap section has been created at the bottom.
I think the Perfect section at the top will be the next goal.
Let's look at it overall.


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

After entering the red finger $61631 long position
Damage the green support line while touching section 1.
End of extreme sideways trading.

The strategy was manual liquidation.

A gap of $62605.5 was created over the weekend.
There was no movement in the extreme sideways market over the weekend.
After the new monthly, weekly and daily charts are created at 9:30 a.m.
Gap retracement is completed with one up and down wave.

Those who continue to maintain long positions
It looks like it's making quite a lot of money.
The rest of the points of view are the same, and since it is Monday, I don't have much time.
Sorry, but I'll see you in the afternoon analysis article without any further lifelines.

So, let's start this pleasant Monday in March.
Fighting.


thank you
Trade active:

After long entry at $61631
Last week, the target price of Miracle was $65,564.5.
The next target amount is Top $66,746.

See you later in the analysis article.


thank you

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