January 5 Bitcoin Bybit chart analysis

Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There is an indicator announcement on Nasdaq today at 10:30 and 12:00.

Nasdaq is in a bit of a bad state.
There seem to be two ways: sideways movement or strong rebound.
Beats are on an upward trend.

Until the upward trend continues like this
The touch section where there was a rebound is also the same.
No matter how you look at it, there are a lot of suspicious parts.
Because you might miss the entry point like yesterday
We proceeded aggressively.

*Red finger movement path

Long -> Short -> Long switching strategy


1. $44016.5 long position entry zone / stop loss when breaking out of the green support line

2. Short position switching at $46564.5 / Stop loss when the true blue resistance line is broken

3. Long position switching at $43394.5 / Stop loss when breaking out of the light blue support line


The possibility of a sideways move today is also very high.
Broadly speaking, it reaches the red resistance line and light blue support line.
In small terms, it is the orange resistance line/green support line convergence zone.

As I proceeded with the drawing,
In most cases, breaking away from the green support line is not good.
Bottom section is a double bottom section

Up to the weekend purple vertical line on the right
I've summarized the highest points at the top and the lowest points at the bottom.

These days, the beat driver is very mischievous.
I was suspicious because I thought there might be heavy drinking today.
Because the future is unknown, prepare in advance.
It is recommended to select in real time.

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.
I will check the movement after writing the analysis on January 5th.

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

Red finger 16202.1 After long entry
End of upward trend

By a narrow margin, I could not touch the 16436.4 red resistance line.
A small gap section was created over the weekend.
There was even a reversal.

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

After long entry at $44016.5
Breaking through the pink resistance line -> After a rebound from the green support line
Completed extreme horizontal coverage.

The strategy was liquidated manually.

It has been moving sideways without much movement over the weekend.
A new gap section of $43,951.5 was created at the top.
It is being adjusted after reversal.

Also, there is some response on Ripple.
Due to the bit adjustment, I am not receiving any power.

Overall, it seems like a drawing is needed.
I'll leave you a real-time lifeline and see you in the evening.


thank you

Trade active:

Bitcoin 30-minute chart.
It's a real-time lifeline.

With last week's move
The MACD deadcross on the 12-hour chart was a concern.
It has been engraved.
Section 1 is the short position operation section
Uptrend after breaking the red resistance line

Section 2 is a dangerous section if you leave.

I have roughly checked the top and bottom sections.
I think it would be good to use it while watching Nasdaq movements.


See you in the evening

thank you

Trade active:

After drawing it in the morning,
I marked it
Red resistance line -> Rebound after touching purple support line

See you later in the analysis article.


thank you