Bitcoin Bybit chart analysis March 7

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It's a Bitcoinguide.

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Bitcoin 30-minute chart.

There will be a Nasdaq index announcement at 10:30 in a little while,

6-hour chart MACD dead cross is in progress.

*Red finger movement path

Long position strategy

1. 88,624 dollars long position entry section / cut-off price when purple support line is broken

2. 1st section at the top 1st target -> Top 2nd -> Target in order during the weekend

1st section at the top pink resistance line / green support line sideways to 3rd section

There is a possibility of additional decline from bottom breakout

Please check 4th section at the bottom -> 80,118.5 dollars

Thank you.

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Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on March 7th.



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

As the blue finger moves,
20208 short -> 2 times, it fell strongly to the bottom,
and then rebounded and finished at the blue support line 19801.6.

With last week's movement, Nasdaq broke away from the previous low again,
and a new gap section of 20162.1 was created at the top.

Also, the MACD dead cross pressure on the monthly chart is in progress,
and it seems likely that it will continue to flow based on the mid-term pattern.

I will explain the details together in the analysis article.



This is a 30-minute Bitcoin chart.
The main sections are marked with black fingers.

After maintaining a long position of $85,323 at the bottom left,

From the red finger long position strategy,

After entering a long position of $88,624,

At midnight, it was forced to couple with Nasdaq,

and the purple support line was broken.

The strategy was cut.

After finishing in section 3,

It fell to the bottom marked over the weekend -> $80,118.5.

As I explained in the main section last week,
In the case of Nasdaq, it broke away from the previous low,

and Bitcoin also seems to have fallen strongly.

In the case of Bitcoin, it has not broken away from the previous low yet,
but
Since there is pressure from the dead cross on the Nasdaq monthly chart,

the movement of Nasdaq seems important.

Last week's movement created a Gap9 section at the top.

Also, since you pressed the booster button on the analysis article a lot,
Today, we will proceed with full disclosure.

Thank you.