BitCoinGuide

february 22 Bitcoin Bybit chart analysis

Short
BitCoinGuide Updated   
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract

Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There is an indicator announcement at 12 o'clock tonight.

It's been a while since I've done an analysis, but it's a very difficult position.
There is a high possibility of sideways movement, so pay attention to major sections.


*Sky blue finger movement path

Long->short switching strategy

1. $51539.5 long position entry area / stop loss when breaking out of the purple support line
2. Switching short position at $52898 / Stop loss when breaking the red resistance line
3. Switching long position at $51003 / Stop loss when breaking out of the light blue support line

Section 1 at the bottom is a sideways market.
In case of vertical decline from the current position, the displayed Bottom section is
This is today’s major rebound section on the 12-hour chart.

In the case of Bitcoin, there is pressure on the daily chart MACD deadcross.
In tether dominance, there must be a vertical decline from the current position.
You can succeed with your Bitcoin strategy.


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
Trade closed manually:
Hello
It's a Bitcoin guide.
I will check the movement after writing the analysis on February 22nd.


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

Red finger 17815.9 after long entry
After reaching the indicated top section, it is moving sideways.

Moving sideways and breaking away from the purple support line
The market ended in a sideways trend sloping to the right.
A gap section was created in the early morning, but a reversal appeared.
The upward trend is maintained in terms of patterns and signals.



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

Light Blue Finger After entering a long position of $51539.5
After hitting 52K, the up and down fluctuation range was about $1,000.
While damaging the purple support line, within the pink resistance line/green support line.
The extreme sideways trading has ended.

The strategy is manual liquidation.

It seems like Nasdaq was influenced to some extent.
The MACD deadcross pressure on the daily chart continues.
It looks like there will be some boring movement today too.
I'll leave you a simple lifeline
See you in the evening analysis post.


thank you
Trade active:


Bitcoin 30-minute chart.

It's a real-time lifeline.
I think it would be a good idea to refer to the prices of the support line and resistance line indicated.

thank you
Trade active:

Bitcoin 30-minute chart in real time.
It has been moving sideways since it touched the $50871.5 mark that was indicated.

Let's start analyzing NASDAQ and Bitcoin right away.

thank you

*비트코인가이드 공식텔레그램 Telegram
t.me/BTG_Group

*빙엑스 BingX 50%DC+$5,000 (청산할때만 총1회수수료)
bit.ly/3E8ZkAW

*바이비트 Bybit 20%DC+$100
bit.ly/3iBwXCd

*게이트아이오 Gateio 30%DC+$6666
bit.ly/3UngFAg
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