BitCoinGuide

february 8 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.
I'm late in posting the analysis because I have something important to do.
sorry.

Nasdaq is releasing indicators at 10:30.
In the case of Tether dominance, there is a possibility of further vertical decline.
If nothing special happens today, the likelihood of a plunge is low.
We implemented a strategy based on the rising pattern.


*Red finger movement path

One way long position strategy

1. $44428 long position entry zone / stop loss when breaking out of the green support line
2. $45,933 long position 1st target -> Destiny 2nd target -> 3rd Miracle

Section 1/green support line marked at the top is
It's a sideways section.
From the breakout of the green support line to the light blue support line
You may be pushed hard, so be careful. (1+4 sections)

If it does not rise today, there may be a decline or adjustment after tomorrow.
Please be careful.
If you drag up or down in the analysis text,

I have left the prices of the main support and resistance lines from a mid-term perspective.
I think it would be helpful if you could refer to it.

Please use my analysis up to this point only for reference and use.


Please operate safely with principled trading and stop loss required.

Thank you for your hard work this week too.
Happy New Year everyone
We hope you have a great holiday, and we will see you on February 13th.


Thank you for always.
Order cancelled:
Hello
it's a Bitcoin guide.
Did everyone have a good holiday?
I will check the movement after writing the analysis on February 8th.


This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.
There was not enough time on February 8th.
I did not share the Nasdaq analysis separately, but
I conducted this to substitute it into the Bitcoin analysis article.

Red finger 17725.3 after long entry
Breaking through the Top -> Great section
Follow the light blue parallel line indicated.
After the rise, there was a final adjustment.

The gap reversal that occurred at the bottom has been completed, so it is omitted.
Continuing to surpass the highest point
A dangerous signal is slowly being created.


Bitcoin 30-minute chart.
It was a red finger long position waiting strategy of $44,425.
Unfortunately, it did not come down to the entry point.
It rose strongly during the holidays.

The strategy is cancelled.

I was debating whether or not to chase up in the middle.
On Friday, the analysis was completed too late, so I missed it.



This is the Bitcoin 4-hour chart.
Major sections are marked with black fingers.
Additional long positions failed to enter on February 8th.

On February 6, it was $42,305, and on February 7, it was $42,731.
For those who maintained stop loss correction after entering a long position,
I think you've made a lot of profit.

I thought it wouldn't be easy
Breaking through Top -> Destiny -> Miracle
Marked as a target in the mid-term trend
It is rising to around $50,785.

A miracle is really happening
I explained that it was in an upward trend because it broke through a major section last week.
I had no idea it would rise this much all at once.

Looking at the overall trend, last week I deliberately
Without performing long->short or short switching
It was operated only by adjusting the stop loss.

How far will it rise? For those holding long positions,
I think it would be good if you take it with me until the end.

With a strong rebound
The MACD deadcross on the weekly chart was put on hold.
Old Gap3 remains at $53,768 as the next target of $50,785.

After finishing the details,
I will look into it in detail in the afternoon analysis.


thank you
Trade active:
Hello.
it's a Bitcoin guide.
long time no see.

Recently my health has deteriorated so much that I have been unable to do any activities.
You've been waiting a long time
Starting today, we will be analyzing NASDAQ and Bitcoin again.
We ask for your interest and support.


This is the Bitcoin 4-hour chart.
Major sections are marked with black fingers.

From the left purple finger section, $42,305 long entrance section
After writing the last analysis post
$50,785 at the top -> $53,768 for GodGap3 section
We haven't reached it yet.

Pattern touches up to 6+12 sections
There is pressure from the MACD deadcross on the daily chart.

Looking at it overall
See you later in the analysis post.

Thank you for always.

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t.me/BTG_Group

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