March 21 BTCUSD Bybit Chart Analysis for BYBIT:BTCUSD by BitCoinGuide

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Only 30 Min chart ,

In real time, you can check major sections and move,

Real-time “update I dea” can be checked.

I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 21.

This is the movement after the analysis was written on March 18th.

Details are provided in the comments at the bottom of the analysis.

from the left finger

$40738 short / $575.5 profit section

Unfortunately, it failed to enter by a difference of 22 dollars in the long switch.

There was a strong rebound to the top price.

(I missed the $ 1919 profit section. The trading strategy is canceled except for the weak profit section)

In real-time broadcasting, the sky blue support line / the green support line

I was expecting it, but I missed it because it was too tight.

Instead, 1 hour support + 4 hour center line

Because the entry point was the goal,

I think most of them have been profitable.

A new Gap section was created last week,

Let’s take a look at the whole

4 hour chart.

Today’s approximate Top/Bottom price is displayed.

Check the gap return section at the top

Check the red up/light blue down movement path

I made today’s trading strategy.

This is a 30-minute chart one-way long position strategy.

In terms of Bitcoin alone,

It is a condition of a sideways guarantee or a downtrend.

When aligned with Nasdaq movements including Gap retracement

After a consolidation or a bullish wave, we put more weight on the rebound.

* When the red arrow moves

Short -> Long Switching Strategy

Depending on the situation today, it may be the bottom of the long-term trend section.

Please note

In the case of hitting down first from the current position

When the green support line is broken, the support line remains alive.

You have to be careful as the pattern will break in a big trend.

If you are on a long ride, raise the gap return at once.

There is a possibility that it will not come down to the bottom.

You can focus on the long position that comes back while maintaining the position.

(Nasdaq movement check)

1) 41323.5 Short position entry section / Stop loss when the orange resistance line is broken

2) 40311.5 USD long position switching section / Stop loss when the green support line is broken

3) $42072 long position target / Nasdaq while watching the movement

It seems advantageous to maintain a long position with a stop loss correction.

From today’s correction in the spot exchange

I think it would be good to try the long-term trend of major alts.

Please pay attention to the green support line / Nasdaq.

Principle trading / Stop loss is essential, I hope that you operate safely.