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Bitcoin 30-minute chart. At 9:30, Nasdaq indicators are being announced. I really thought about it a lot today. I think the sideways trading strategy is the most difficult in the world.
There are so many variables and so many branching points. We have brought you the safest and most reasonable strategy.
*Red finger movement path
Long position strategy
1. $69300.5 long position entry zone / stop loss when breaking out of the light blue support line 2. $71,028 1st section 1st target -> Top $72,232 2nd target
Because the signals are all mixed up. The possibility of a sideways move is very high today. I hope you take advantage of the stop loss correction in your long or short positions.
Uptrend when it breaks through section 1 at the top Section 2 at the bottom is sideways. If it breaks out of the bottom section today, it is definitely not good for long positions.
Once the direction is decided today, After tomorrow, the direction of the signal will be sorted out. I think there will be a trend either upward or downward.
Please note that my analysis is for reference and use only. Please operate safely with principled trading and stop loss required.
thank you
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Hello It's a Bitcoin guide. We will check the movement after writing the analysis on April 11th.
This is the NASDAQ 30-minute chart. Major sections are marked with black fingers.
It was a light blue finger short -> long switching strategy. After touching section 1 as indicated, Touch the Top -> Good section without leaving the purple support line.
The position that was forced to decline during the CPI As we return with the good news of the mandatory indicator announcement, There was a strong vertical rise.
Due to yesterday's movement, it settled above the main center line candle. Once the resistance line is touched on the 12-hour chart, it can lead to an upward trend. The daily chart MACD golden cross is now in order.
Bitcoin 30-minute chart. Major sections are marked with black fingers.
Red Finger $69300.5 Long Position Waiting Strategy In the indicated section 1, short -> long position entry section without touching Finished after a rebound.
It's going very sideways. Since there was no touch at the entry point, the strategy was cancelled.
I touched the top of the Bollinger band first, but Best short position position at the resistance line on the 1-hour chart If the rebound fails, there may be a further decline. There are still elements of uncertainty regarding the signal.
It seems important whether the upward trend in Nasdaq will continue.
Let’s look at it as a whole and continue with today’s strategy.