March 16th BTCUSD Bybit Chart Analysis.

16 mar 2020

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I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 16th .







This is an analysis written on last Friday.

It was a long position strategy,

Without much movement, it was finished with a sideaway.








This is a newly created weekly chart.

In one week, only one chart is generated week.


The plunge came out last week,
Because a strong downward movement came out,

It was necessary to check the bottom.

Today, an additional 4 hour / day / week chart was created,
focused on this part and have a Trading strategy.






Today's trading strategy. It is a 30 minute chart.

Overall, the downtrend is strong
It is dangerous if the Green Support line line section is brokeaway.

Check A and B paths and
A long position / B short position operation.

If there is a B path movement,
Short position operation is advantageous.

In addition, the blue finger section of the A path at the top
Please refer to the red finger section of the B path at the bottom.


Because the daily fluctuation is large,
day-Trading is advantageous.

It is better to run short,
Only the correct points are Entry and Finish.


The mid- to long-term downtrend can continue
Be careful,

For the time being,
securing the number of coins Please focus.


Thank you.