BTCUSD Bybit Chart Analysis May 23

23. Mai 2022

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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 May 23.







After the final finish on May 20th, this is a move.

The details are summarized in the comments at the bottom of the analysis on the 20th.
please note.


Bitcoin 30 minute chart.
I marked the main sections with black fingers.

in the final finish
Can't break the orange resistance line
It followed the Nasdaq and started to decline at the same time.
Likewise, it went down to near the Bottom.


First, starting with a long at $30034.5,
Achieved $241 profit section,
We expected an upswing aggressively, but it was a short stop loss.

In the downward wave, in the light blue finger movement path,
Achieved 1143 dollar profit zone.

At the bottom, there was a gap of 29246.5 dollars.
Same as Nasdaq, about the gap section below
It seems important how the reversion will proceed.

I'll take a look at it in its entirety.






This is the Nasdaq 4 hour chart.

The 4-hour chart MACD Golden Cross is in progress.
It can be connected up to 6 hours -> daily chart.

The important part is the gap section at the bottom.

When ascending directly from the current position,
There may be a fall again in the early morning hours.
It is good to touch in advance, and it is quick and the rebound is connected.

Because most gap rollbacks occur,
It's a plan to focus on getting back.

around the purple support line

Check the red up/light blue down movement path

It has been substituted for Bitcoin.








Bitcoin 4 hour chart.

The probability of gap reversal is greater than 95%.
A rebound from the current position is highly likely to decline again in the future.

If the gap section is not reached
There are times when trends change.
For chart analysts,
You should choose the direction with the highest realistic possibility.

There doesn't seem to be any important announcements today.


around the green support line

Red up / light blue down movement path check

I made today's trading strategy.










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

To be precise, it is a long -> short -> long switching strategy.

Because the gap between the bottom and the bottom is large
If today's trend does not die, until this week until the gap section
A reversal is likely.

In Bitcoin
Considering various conditions, it is also a condition for vertical rise, but

In the end, I followed the Nasdaq movement, so I went with a short position strategy.

If it's not a rebound, it looks like it's going to come down eventually.


* When the red arrow moves

Long -> Short -> Long Switching Strategy


On condition that it does not deviate from the purple support line
I started with a long one from my current position.

1. $31059 short position entry section / Stop loss when the purple resistance line is broken

2. $29193.5 long position switching / Stop loss when breaking the sky blue support line


Because the Nasdaq movement is so bizarre,
It is not easy to understand the flow even in Bitcoin.

From now on, the gap retracement must be progressed to some extent before proceeding with the long position strategy.
As the Nasdaq rises,

It is not possible to construct a downward channel.

Please note that there is a very low possibility that it can ignore the gap retracement and rise.
(Uptrend Reversal)

I hope that you operate safely as a principle of trading/stop loss is essential.

thank you.

24. Mai 2022

Trade geschlossen: Ziel wurde erreicht

Hello

Bitcoin guide.

I will check the movement after writing the analysis on May 23rd.



This is the Nasdaq 30-minute chart.
I marked the main sections with black fingers.

Touch the lower Gap section at the bottom and rebound
It is a pole sideways finish.

There is a new gap section at the top.




Bitcoin 30 minute chart.

I marked the main sections with black fingers.
The sky blue finger section I marked
From $30338 to $ 29234 Gap Reversal

Based on counting, it is making $ 1113.5 .

It was completed neatly until the gap reversal,
I'm watching the Nasdaq.

Congratulations to all who made a profit.

Let's take a look at it in its entirety today.

I'll see you later.