March 4 BTCUSD Bybit Chart Analysis
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 4.
This is the movement after the private comment on March 3rd.
For more details, we will link the analysis article.
Please note.
Check the main section with a black finger.
This week has continued, waiting for a long position,
No entry space
While making a detour, a downward wave proceeds
the next pattern
Bollinger Bands 4 hour center line + 6 hour center line
After being pushed to , a further decline occurred.
The movement of major stocks, including recent beats
It seems to be following the movements of the Nasdaq a lot.
At 11 pm and 11 pm, there was a simultaneous decline.
pushed to the bottom.
Because they didn’t give me a place to enter and they turned around and got pushed back.
The strategy is to proceed with cancellation processing.
Yesterday, depending on the situation, when I went down, I entered a long position.
It was a place worth proceeding with, but it was not a place where reservations could be made.
Since it came down in an instant, the atmosphere is suitable for the pipe network or the next pattern.
to the purple support line
It is a support line according to the pattern, but with 2 touches to the bottom
I’ve been pushed one more time
today as a whole
12-hour chart MACD Deadcross seems to be going on or not.
If it is pushed to the next pattern,
Because Yang luck is progressing thinly
(Gray parallel line construction section in the previous analysis)
Last week’s dark blue/pink support line could fall again.
Please note
Let’s look at it as a whole.
4 hour chart
Today’s approximate top price and bottom price are displayed.
around the purple support line
(Sideways up to the green support line)
Red up / sky blue down movement path check
If the 12-hour chart MACD dead cross goes on today
Can be pushed up to the bottom
In the lower right corner, the blue/pink support line I was waiting for last week
can be connected.
I made today’s trading strategy.
This is a 30-minute chart one-way long position strategy.
I’m holding a long, so it’s not a long
As the recent bit movement followed the Nasdaq,
It would be good to see it as a strategy against variables.
As you can see, the current position is the same as the most dangerous position / where there was a strange rebound in the past.
*The main point is the purple support line.
1.purple support line touch the road first and give support?
(Continues rebounding without adjustment)
2. Whether or not you touch or , comes back and touches is important.
If you leave, see it as your lifeline in today’s long position.
Up to the green support line, you can only touch the central line for 12 hours.
Since the pattern is broken, it can continue to fall afterward.
(The deep blue/pink support line I waited for last week)
Also, there may be people who have difficulty or regret the current movement.
According to the Nasdaq, it keeps going up and down in strange places.
because there is a trend
Even if you are entering long or short, it is a frustrating or uneasy situation.
In order to make a profit, it is important where I play.
As a rule, just as you do
Throw away what you don’t know,
Enter only where you know
Lose your hand if it’s dangerous
If you keep going, it won’t shake.
Please note.
* When the red arrow moves
1) 4203.5 dollars short position entry section / 30-minute bar resistance line 2 touches stop loss
(If you touch the purple support line and start, short positions may not appear)
2) $41288.5 long position switching section / Stop loss when the purple support line is broken
$ 43360.5 short position switching section / Stop loss when breaking through the sky blue resistance line
So far, my strategy is to ignore the 12-hour chart MACD dead cross.
All charts are won by a difference between the top and the bottom.
Pay attention to the departure of the purple support line on the spot exchange as well.
In case of a strong decline today, it could break out to the bottom
(Today’s major support line)
After that, those who operate long-term trends or short-term trading
I think it would be good to operate it according to each position.
Futures market closing price / according to Nasdaq movement
It looks like the direction for next week will be decided.
Please note
Principle trading / Stop loss is essential, I hope that you operate safely.
Have a good weekend
thank you.

