February 25 BTCUSD Bybit Chart Analysis
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for February 25.
This is the move after the final finish on February 24th.
More details are in the comments.
Please check.
I marked the main sections with black fingers.
After reaching the short best entry
While sideway move without breaking the purple support line
It broke through the full candle zone, leading to an uptrend.
It don’t touched the Gap yet.
It was a rebound that gave me psychological pressure.
Strategically, we kept
It was arranged by manual liquidation,
It was technically correct to enter a long position, but
I uploaded it without any particular fluctuations, so it looks like a suspicious rebound
4 hour chart
Yesterday’s rebound was stronger than expected.
Like two days ago,
If not for technical entry,
Because it was a difficult section to enter
Judging that this was not a normal rebound
At the final support line that I waited for yesterday
I think we’ll see a match in the future.
Because it touched the 12-hour center line
Breaking the pattern in reverse
strong rebound potential in the short term,
It created the conditions for the trend to change completely in the future.
Today’s approximate Top and Bottom prices are displayed.
around the purple support line
Check the red up/light blue down movement path
I made today’s trading strategy.
This is a 30-minute chart one-way short position strategy.
If there is no rebound at the set point, you should be suspicious.
Rising from a strange place.
Fall from an ambiguous spot.
These psychological factors keep coming in,
I think it is a difficult move for ordinary investors.
I was convinced when I recently cleaned up the Nasdaq.
To be precise, it is a long -> short switching strategy.
After watching the gap section regression,
It would be good to refer to the move on February 23.
Today, only to make a profit
This is the analysis I want to perfect.
Please note that the purple parallel line has been partially modified according to the strategy.
* When the light blue finger moves
Long -> Short -> Long Switching Strategy
1) 38208 long position entry section / Stop loss price when the purple support line is broken
2) 40486 $ 40486 short position entry section / Stop loss when the green resistance line is broken, until the perfect touch in the gap section
3) $35,279 long position switching section / Stop loss when the green support line is broken
In case of spot exchange,
Minor Alt -> We recommend major switching after waiting for no cash position.
In January, Bitcoin was not strong because of the monthly MACD dead cross.
The current boss, Nasdaq, is in such a situation.
February has 28 days left.
If you look at yesterday’s movement, it seems that Bitcoin has no intention of going below the pink support line any more.
When the strategy is successful
Depending on the situation, the green support line may be the second lowest floor.
If it breaks away, it is the final match at the pink support line again.
It’s not difficult for those who see it often, isn’t it?
My analysis is for reference only.
Principle trading / Stop loss is essential, I hope you operate safely.
Have a good weekend
thank you.

