BTCUSD Perpetual Contract
Atualizado

May 8 Bitcoin chart analysis

383
Hello
It's a Bitcoin Guide.
My analysis is optimized for TradingView.
If you press the Replay button, you can check real-time movements.


snapshot


This is the Bitcoin 30-minute chart.

Currently, a MACD Dead Cross is in progress on the 12-hour and daily charts.

*Short -> Long switching based on the movement path of the light blue finger; this is a two-way neutral strategy.

1) Light blue finger: $79,968.4 is the entry point for the short position / Stop loss if the orange resistance line is broken.

2) $78,737.9 is the switch to the long position / Stop loss if the purple support line is broken.

3) $80,464 is the first target for the long position -> Target prices will be set in the order of Top and Good during the weekend.

Since the MACD Dead Cross on the daily chart is still ongoing, sideways movement or a correction may occur until tomorrow.

However, if the Top zone is strongly broken, the signal may be ignored.

- Please note that depending on the rebound from the current position, the movement may connect from the indicated pink finger #1 to #2. Please be cautious, as a break below the purple support line could lead to a drop of up to 77K.

Please use my analysis merely as a reference and for practical purposes.

I hope you operate safely by adhering to trading principles and strictly using stop-loss orders.

Thank you.
Trade fechado: stop atingido
Hello.
This is the Bitcoin Guide.

Let's check the movements since the analysis post was written on May 8th.

snapshot

This is the Bitcoin 30-minute chart.
I have marked the key zones with black fingers.
In the pink finger short-to-long switching strategy,

after entering a short position at $80,464 in Zone 1 at the top,

it finished in a sideways market.
Over the weekend, it did not drop to Zone 2 at the bottom,
but rose near the Top -> Good level,

and is currently undergoing a strong correction.

Unfortunately, the strategy was executed as a stop loss.
On the daily chart, the MACD dead cross continues,

and due to last week's movements, a Gap 10 zone has formed at the bottom.

I will explain the details together in today's analysis post.

Thank you.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.