December 15 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There will be a Nasdaq indicator announcement at 11:45 tonight.
I think there are still some people who are long,
What I couldn’t eat yesterday, I have to eat today, right?
I will continue with the same strategy.
It's not long all the time.
Tether dominance best short has reached the vertical downward wave section.
The 5-minute bar trend reversal was also successful.
The overnight wave will be important, but it is a condition for the Nasdaq to rise.
There are several risk factors, but
I will try again with a tight stop loss.
*Red finger movement path
One-way long position strategy
1. $42,908 long position entry area / stop loss when breaking out of the purple support line
2. Top Gap $44583.5 long position primary target -> Good section secondary target
If it rises strongly up to this section
Check the mouse drag and check the next target at the top.
In case of deviation from the purple support line,
At the bottom, the green support line at $42318 is a sideways range.
It's a little scary to leave here.
Please check the light blue support line -> Bottom section.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading/stop loss required.
Thank you for your hard work this week.
Have a nice weekend
thank you
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December 14 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq index announcement at 10:30.
In terms of pattern and signal, it is a condition for a vertical rise.
But something feels a little uncomfortable, right?
In order for Tether dominance to fall vertically, there must be room to short.
There is no minimum wave yet.
Also, there is a gap at the bottom of NASDAQ.
We tried to proceed safely.
Depending on the strategy
Some of the green and purple parallel lines have changed.
Please refer to it
*Sky blue finger movement path
Long position strategy
1. $42788.5 long position entry zone / stop loss when breaking out of the green support line
2. $44,226 long position primary target -> Gap section $44,583.5 secondary target
Section 1 marked at the top is
It's a short section, but if you're not careful, you can shoot upwards strongly.
Only for brave people, only for those who can operate with tight stop loss.
I think it would be a good idea to try
If your strategy succeeds today,
I think the altcoin fire may be connected.
It doesn't seem very likely today
I hope tomorrow will be the end of the year when everyone smiles as Nasdaq breaks its all-time high.
My analysis up to this point is simply for reference and use only.
I hope you operate safely with principled trading/stop loss required.
thank you
December 11 Bitcoin Bybit chart analysis
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Bitcoin 30-minute chart
There is no indicator announcement today.
After the 5-minute trend reversal, it is slowly rebounding.
Nasdaq doesn't seem to have any major problems.
In the case of tether dominance, this is a position that can lead to strong adjustments.
Conversely, beats can lead to a strong rise, but
This is where the pressure of the MACD deadcross on the daily chart may continue.
The possibility of a sideways move is also very high.
We have come up with the most realistic two-way strategy.
*Sky blue finger movement path
Long->Short->Long switching strategy
1. $41,956 long position entry zone / stop loss when breaking out of the light blue support line
$43258.5 Long position 1st target -> Top section 2nd target
If the top section is reached, there is no short position operation.
Short position switching at $2.43258.5 / Stop loss when the red resistance line is broken.
3. Long position switching at $42266 / Stop loss when the green support line is broken
As you can see,
Today’s section is quite difficult.
Tomorrow, on the 12th, the CPI indicator will be announced, and on the 14th, the FOMC indicator will be announced.
Until the daily chart MACD deadcross is imprinted
Keep shaking it, or there is a high possibility of further decline.
Beginners or those with a weak heart
I think it would be a good idea to forget about the chart for a moment and just take a wait-and-see approach.
Please note that my analysis up to this point is merely for reference and use.
6 principles of trading / Don’t forget to stop loss
Have a nice evening
thank you
December 8 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq index announcement at 10:30.
Some patterns are broken, but they are still holding up well.
Successful 5-minute trend reversal
So far, there are no danger signals other than the 12-hour chart.
Today, the Nasdaq looks highly likely to rise.
There is also a possibility of some vertical decline in Taederdominance.
Above all, if you have written an analysis,
We have to take responsibility and cut up the radish.
I will maintain the same perspective as yesterday without changing my perspective.
*Red finger movement path
1. Long chasing $43177 / stop loss when breaking out of the green support line
2. 1st section extreme lateral protection -> Top section 2nd target -> Good 3rd target
There is a short entry near the pink resistance line.
You have to be careful.
The resistance line is pressing in the middle, so it is difficult to go up in one go.
It can be difficult.
The light blue support line at the bottom is about the center line of the Bollinger Band 6-hour chart.
To continue the upward trend,
It is best not to go down to this section.
When touched, it may continue to fall to the right.
$42,627 shown -> Please refer to the bottom price until the weekend.
Even if only the green support line is maintained
Altcoin circulation pumping will continue, right?
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading/stop loss required.
Thank you for your hard work this week too.
Thank you for reading today.
December 7 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 10:30.
It's moving sideways as it reaches the 1+4 section.
MACD dead cross was engraved on the 6-hour chart.
The current position is a dangerous position.
There has not yet been a 5-minute trend reversal.
Tether dominance is a condition where you can shoot upward once or twice.
Bits can be associated with additional adjustments.
The 1+4 pattern has not been broken yet,
I'm still joking around, but including the possibility of a rebound in the Nasdaq
I incorporated it into my strategy.
*Red finger movement path
It is a long position strategy.
Those holding long positions at $42,885, which I plotted in the morning,
I'm sure there are a lot of them, so I'll run through them as is.
1. $43077 long position entry zone / stop loss when the green support line is completely broken away
2. $44,113 long position 1st target -> Good 2nd -> Great 3rd target.
In order for the 1+4 section to be maintained from a long position perspective,
In any case, the green support line must be protected.
In case of departure,
The light blue support line shown at the bottom is a sideways trend -> to the bottom.
It may be connected, but
6 hour dead cross isn't that scary
Until the 12-hour MACD deadcross
We decided that it would be difficult to connect all at once.
If it breaks out of the green support line today
There is a possibility of further decline after tomorrow.
You need to be careful
Today’s seat is very difficult, so
Beginners should take a break or set a stop loss.
Please keep in mind that my analysis up to this point is merely for reference.
Principle trading / stop loss required
I hope you operate safely.
thank you
December 5 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart
There is an indicator announcement on Nasdaq at 12 o'clock.
It is moving sideways in an ambiguous position.
It’s a place with a lot of branching points.
Nasdaq correction is happening
In the case of tether dominance, some upward patterns were seen.
Today I brought you a strategy for adjustment.
There is a possibility that a rebound will occur first from the current position.
I do not operate a short position because the cost-effectiveness is not good.
I started with a long position.
*Sky blue finger movement path
Long -> Short -> Long switching strategy
1. $41292 long position entry zone / stop loss when breaking out of the green support line
2. Switching short position at $42321 / Stop loss when breaking the red resistance line
3. Long position switching around $40648 near the light blue support line after tomorrow.
/Stop loss when breaking out of the light blue support line
Even if a rebound occurs first from the current position,
A short entry section may occur near the orange resistance line.
Even if a rebound occurs, a whipsaw may occur near the previous high point.
From the red resistance line
I think it would be a good idea to start by operating a short position.
Sideways trading is too difficult.
Please keep in mind that my analysis up to this point is merely for reference.
6 principles of trading / I hope you operate safely with stop loss required.
thank you
December 4 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
During an upward trend, a correction is occurring.
You can play around before and after breaking the previous high point,
This is a section with a high possibility of sideways movement.
We have prepared the safest and most reasonable strategy.
*Red finger movement path
Long position strategy
1. $41312.5 long position entry zone/stop loss when the purple support line is completely broken away
2. $45423.5 long position primary target -> Great section secondary target
In the purple support line section
Depending on whether there is a rebound, a short position may appear near the previous high point.
Or because it is a position that can be gradually pushed back from its current position without rebound.
You need to proceed with a tight stop loss.
If the purple support line breaks out, the next support line is
The $40745 range is near the green support line.
Because the range of movement is large,
For those without a position, depending on the real-time drawing section,
Check your stop loss and operate well.
Please keep in mind that my analysis up to this point is merely for reference.
6 principles of trading / Stop loss is essential and I hope you operate safely.
thank you
December 1 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart
Today, Nasdaq has indicator announcements at 12 o'clock, 1 o'clock, and 4 o'clock in that order.
Because the trend was ongoing, analysis was a bit difficult.
There is some good movement on Nasdaq today.
Even if it moves sideways, the beat appears to move freely.
Considering tether dominance, patterns and waves, etc.
We proceeded with the drawing.
I think it has already risen as much as it has.
It’s a long position strategy again today.
You may think I'm crazy, but
By my standards, it is the safest
I think it's a reasonable strategy.
We operated with a focus on trend following.
*Red finger movement path
Long position strategy
1. $38,438 long position entry area / stop loss when breaking out of the purple support line
2. Long position target of $39,670
The purple vertical line on the right is centered around the weekend period.
During the weekend, the final target for the Good section is displayed in the upper right corner.
Gap sections are indicated.
Instead of operating aggressively, I set my stop loss close to the entry price.
It seems that some people are having difficulty adjusting the stop loss.
Those who have been long since yesterday
How about running it as I left the analysis?
If it breaks away from the purple support line, it goes into the green support line.
We marked the sideways trend at $37,870.
Bottom price -> We left the true blue and support line sections.
For those who read the analysis
Long and short, I hope you manage your positions well.
Please operate safely with principled trading/stop loss required.
It's been a while, so I'll leave you with a word.
“In the end, everything goes according to the chart.”
Have a nice weekend.
thank you
November 30 Bitcoin Bybit chart analysis
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Bitcoin 30-minute chart
There are two NASDAQ indicator announcements today at 10:30 and 12:00.
It is also the end of the month, and the overall possibility of sideways movement is very high.
The current position is
4-hour chart -> 6-hour chart MACD deadcross is pressing.
It's a place where anyone would fall.
The short-term downward trend was broken, but
When there is a rebound, there is an adjustment.
This is a position where you could be pushed out if you don't hold on.
Because there was almost no movement, it was difficult to analyze it.
There were some people holding long positions yesterday.
We also proceeded aggressively based on the opinions of several people.
*Sky blue finger movement path
Long position strategy
1. $37599 long position entry zone / stop loss when the green support line is completely broken away
2. $38057.5 long position 1st target -> Top section 2nd target
-> Great section 3rd target
The rebound should not come first,
A double-bottomed movement is required.
Because 1+4 is not completed and the pattern is partially broken.
The strategy is to hold on to the 4-hour central line.
Even if there is a rebound from the current position
Be careful as a short position may appear at the orange resistance line.
Also, the MACD deadcross on the 4-hour chart can continue to press.
The possibility of sideways movement increases.
Instead, the long position stop loss is the same as the green support line.
In the event of a breakaway, if it is downward to the right, at the light blue support line at the bottom ($37,250)
You need to be careful because it can be connected to the bottom.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading/stop loss required.
thank you
November 29 Bitcoin Bybit chart analysis
Hello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 10:30 tonight.
The beat is in a downward wave as it has slightly surpassed its previous high point.
Although it bounced more than expected,
I will proceed with the strategy following the final short position in the morning comment.
*Sky blue finger movement path
Long position strategy
1. $37812.5 long position entry zone / stop loss when breaking out of the green support line
2. $39266.5 long position primary target -> Great secondary target
I haven't touched the monthly chart yet,
I won't go short because I'm afraid of the upward trend.
Clearly, I don't think reverse trading is for me.
And today, the orange resistance line/green support line convergence zone is a sideways trend.
In case of departure from the green support line,
I left a light blue support zone at $37349 at the bottom.
I hope you make good use of it in each long and short position.
Please keep in mind that my analysis up to this point is merely for reference.
6 principles of trading / Operate safely with stop loss required
thank you
November 28 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 12 o'clock tonight.
From yesterday's strategy
After entering the red finger $36808.5 long position
It continues to move sideways.
Unable to slightly touch the previous high point of the Bollinger Band center line.
Because it was trending extremely sideways, analysis was very difficult.
I'll summarize it overall.
For those who maintained long positions yesterday,
Stop loss based on departure from the green support line
I think it would be good to operate it.
*Sky blue finger movement path
It is a two-way short position strategy.
Short -> Long -> Short switching
1. Short position entry area of $37459.5 / Stop loss when the orange resistance line is broken
2. Long position switching at $37091.5 / Stop loss when the purple support line is broken
3. Short position switching at $37869.5 / Stop loss when breaking the red resistance line
If the strategy is successful,
At the end, while maintaining the short position
We will continue our strategy tomorrow.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading/stop loss required.
thank you
November 27 Bitcoin Bybit chart analysis
Hello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 10 o'clock and 12 o'clock tonight.
As the downward wave connected,
It is falling in a downward direction.
We proceeded as safely as possible according to the pattern and wave.
There are many turning points today,
There are many important points, so please read with your eyes wide open.
*Sky blue finger movement path
Two-way long -> short switching strategy
1. $36808.5 long position entry zone / stop loss when breaking out of the green support line
It is valid only if you touch it before 9 p.m.
If you touch it later, it may slide down.
2. Long position target of $37689.5
-> Short position switching period / Stop loss when breaking the red resistance line
After that, I think it would be good to operate according to tomorrow’s strategy.
The important part here
If the purple support line is maintained without breaking away,
It can be connected from the gap section at the top to the top.
Breaks out of the green support line -> goes down to the light blue support line
Because the pattern keeps getting pushed back.
Additional declines may occur after tomorrow.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading/stop loss required.
thank you
November 24 Bitcoin Bybit chart analysis
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Bitcoin 30-minute chart.
Today is Nasdaq's early closing date,
There is an indicator announcement at 11:45.
I think there are some people who are maintaining long positions at $37,120 yesterday.
I think some people have liquidated it.
From my point of view, it is a one-way long position strategy.
I take full responsibility for the analysis I leave.
*Red finger movement path
Long position strategy
1. Chase buy at $37621.5 / stop loss when the green support line is broken
2. $38458.5 long position primary target -> great section secondary target
The purple vertical line on the far right is,
This is the section where a new main peak is created.
The gap section is the closing price of the futures market.
Also, the green stop loss was done the same way.
From the top section, it becomes a resistance line on the monthly chart.
If there is a strong rebound in the upper tail
It also looks good to operate a short position based on the highest point as a stop loss.
Instead, you can keep raising it with force,
Try it after the candle closes.
finally ,
Easy for investors to see
We are trying to make the analysis as simple as possible.
I have never proceeded carelessly or roughly.
Taking a short position in a rising market is contrarian trading and is very risky.
When you need to go short, of course you also operate a short position.
Rather than going short in a risky position
It is advantageous to hold a long position,
If you try it, you will know,
It is really not easy to make a profit through catch-up buying like today.
It's such a bold strategy, and of course a stop loss is left.
Long Short: Don't just follow it unconditionally,
The support resistance line, target price, and stop loss for each position are as indicated.
Please use this as a reference.
I hope there is absolutely no misunderstanding.
Please note that my analysis is just for reference.
I hope you operate safely with principled trading/stop loss required.
Thank you for your hard work this week, and I hope you all have a great weekend.
thank you
November 23 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
It is a one-way long position strategy.
There is no Nasdaq index release today.
The 12-hour chart MACD golden cross is in progress.
*Red finger movement path
Long position strategy
1. $37,120 long position entry zone / stop loss when breaking out of the green support line
2. $38485.5 long position 1st target -> Great section 2nd target
The important part here is,
Top section 38485.5 dollars
This is the position that touches the Bollinger Band resistance line on the monthly chart.
If the upper tail is left up to the Great section,
I think it would be a good idea to place a stop loss at the entry price and operate a short position.
The fluctuation range is not large
I deliberately set a generous stop loss.
If it breaks out of the purple support line, there may be a strong downward push, so be careful.
After checking the tether dominance movement,
In case of downward slope, up to the light blue support line indicated at the bottom ($36393.5)
Please note that it may be delayed.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading/stop loss required.
thank you
November 21 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 12 o'clock tonight.
The green parallel line has changed slightly depending on the strategy.
It is a two-way neutral strategy.
*Sky blue finger movement path
Short -> Long switching strategy
1. Short position entry area of $37361 / Stop loss when the orange resistance line is broken
2. Long position switching at $36416 / Stop loss when the green support line is broken
3. Red resistance line primary target -> Top section secondary target
If a strange type of sideways movement is maintained from the current position
Be careful of the Nasdaq and its sudden rebound.
Do not come down to the gap section
Since you can support it at 1+4,
Please pay attention to the MACD dead cross mark on charts 3 and 4.
Please keep in mind that my analysis up to this point is for reference only.
I hope you operate safely with principled trading/stop loss required.
thank you
November 20 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
This is a one-way long position strategy.
*Red finger movement path
Long position strategy
1. $37,140 long position entry area / stop loss when breaking out of the purple support line
2. $38458.5 long position primary target -> Great section secondary target
Because it is the Wolbong resistance line section.
Starting from the top section, it may be a good idea to operate a short position depending on the situation.
The price shown at the green support line is
It's $36,587, which is the 1+4 safety zone.
Please note that in case of sideways movement, it may go down to the green support line.
From the current position, once the pink resistance line is broken,
It's an upward trend.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading/stop loss required.
thank you
November 17 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
There is an indicator announcement on Nasdaq at 10:30.
The current position is a section where you can shake it up and down.
The possibility of a sideways move is also very high.
This is a position with many variables.
I will explain in detail the movements that can be made today.
Please check carefully.
*Sky blue finger movement path
Two-way neutral strategy
1. Short position entry area of $36,735 / Stop loss when the orange resistance line is broken
2. Long position switching at $36166 / Stop loss when the green support line breaks away
3. $37,278 long position 1st target -> Top 2nd -> Good 3rd -> Great 4th
Focusing on long positions
Don't break out of the green support line today.
If it moves sideways, it may rise strongly in the early morning hours.
Same as yesterday at the current location
In case of decline without minimal fluctuation or rebound
The purple finger section at the bottom costs $35030.5.
Please note that there is a major rebound period remaining.
The purple vertical line on the far right is,
This is the section where a new weekly chart is created next week.
I think it would be a good idea to refer to the construction section over the weekend.
My analysis up to this point is for reference only.
I hope you operate safely with principled trading/stop loss required.
Thank you for your hard work this week.
thank you
November 16 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
There is also a Nasdaq indicator announcement today at 10:30.
This is a position with a very high possibility of sideways movement.
For a strategy to be successful, there are essential elements, so please read this.
*Red finger movement path
One-way long position strategy
1. $37384 long position entry area / stop loss when breaking away from the purple support line
2. $38458.5 long position primary target -> great section secondary target
Please refer to the additional long entry section in real time.
Currently, there is no 5-minute trend reversal,
Please check
Bollinger Band 30-minute support line / I touched the downside first, but
The 12-hour chart MACD golden cross is about to appear.
Sections 1 and 2 are marked on the left.
This section is the short position operation section.
Check the price indicated on the green support line: $36423.5.
When falling immediately from the current position,
Green support line -> Possibility of connection to bottom.
The red resistance line and green support line are sideways zones.
In case of sideways movement near the green support line,
There is a possibility of further decline after tomorrow.
Also, if it does not break out of the green support line,
Minor altcoin circulation pumping may occur.
I hope you do well when entering the long position.
Please keep in mind that my analysis up to this point is merely for reference.
Operate safely with principle trading/stop loss required.
Thank you for reading today.
November 15 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
There will be an announcement of Nasdaq indicators at 10:30 a.m.
I have something to explain about the current situation, so please pay attention.
%If it falls immediately from the current position
It can be pushed to Jinparang -> Gap5 -> Bottom.
% Section 1 marked in the middle / The light blue support line section at the bottom is
It is a sideways section, and even if it stays up to the light blue support line today,
There is a high possibility that it will rise again after tomorrow.
Please refer to the two movements at the top in real time.
If you don't get pushed out of here,
It's not bad in terms of signal and looks good in terms of pattern.
Keeping in mind the possibility of coupling with Nasdaq
We implemented a strategy for a strong rise.
*Red finger movement path
One-way long position strategy
1. $35,813 long position entry area / hand loss when breaking out of the green support line
2. $37014.5 Long Position Primary Target -> Top Section Secondary Target
If you roll up strong today
Depending on the situation, you may operate a short position in the red resistance line.
I think it would be good.
If we succeed in rebounding today
Continue pumping in the following order: Major Altcoin -> Minor Altcoin
If the light blue support line is maintained,
Circular pumping may occur in minor altcoins.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading/stop loss required.
thank you
November 14 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
It is a one-way long position strategy.
There will be a CPI announcement shortly at 10:30.
Today, a sideways trend seems more likely than a major trend.
If it breaks out of the green support line before 9 o'clock
Be careful as it can drop to the bottom.
*Sky blue finger movement path
One-way long position strategy
1. $36282.5 Long position entry zone / Loss when breaking out of the light blue support line
2. $37342.5 long position target / short position switching
How to touch the center line of the Bollinger Band 12-hour chart
It seems important.
While maintaining a sideways movement at the current position,
It seems that there is a need for a movement to raise the CPI in waves.
No matter who sees it, it has to fall to the bottom.
Since there was an indicator announcement, I tried to operate a little aggressively.
Please note that my analysis is merely for reference.
Please operate safely with principled trading/stop loss required.
thank you
November 8 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
Powell's speech is at 11:15 today.
Nasdaq patterns and signals,
When looking at overall trend following and profit/loss ratio
I decided that a long position would be advantageous.
*Red finger movement path
One-way long position strategy
1. $35307 long position entry zone / stop loss when breaking out of the green support line
2. $36,512 long position 1st target -> Top section 2nd target -> Great section 3rd target
Short positions will not be operated separately.
From the current location
If you maintain the green support line, you are in the safe zone.
If you leave the light blue finger indicated at the bottom,
There may be a further downtrend after tomorrow.
My analysis up to this point is simply
Please note, please only use it sparingly.
6 principles of trading / Stop loss is essential and I hope you operate safely.
thank you
November 7 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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You can receive comment notifications on real-time travel routes and major sections.
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Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
There are no important indicator announcements today.
I touched the gap section.
I think there are people who are holding long positions.
I'll continue with yesterday's strategy.
Instead, it is leaving the center line of the 4-hour chart.
After 9 o'clock, it is not good if it breaks out of the green support line.
please note.
*Red finger movement path
Long position strategy
1. $34615.5 long position entry zone / stop loss when breaking out of the green support line
2. $35296.5 long position 1st target -> Top section 2nd target after tomorrow
If the green support line breaks out after 9 p.m.
Bottom section -> It can be pushed up to $33575.
please note.
Please use my analysis simply as a reference.
In long and short positions
I hope you operate safely with principled trading/stop loss required.
thank you
November 6 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
There are no important indicator announcements today.
There is a strong upward trend and there are no problems with the signal.
*It is a two-way neutral strategy when using the light blue finger movement path.
Long -> Short -> Long switching strategy
1. $35,235 long position entry zone / stop loss when breaking out of the green support line
2. $36,411 long position primary target -> Top section secondary target
Short position switching period depending on overshooting / Stop loss when breaking the bright sky blue resistance line
3. Long position switching at $34914.5 / Stop loss when breaking out of the light blue support line
Nasdaq's movements are suspicious for it to rise like this.
There are some uncomfortable parts, so the strategy is to whipsaw according to the conditions.
(Whipsaw)
At the bottom is the $34615.5 gap created last week.
Depending on the movements of Nasdaq, extreme sideways trading may occur.
In the case of a small whipsaw, at the red resistance line
It can come down strongly, so pay attention to sideways markets and small waves.
Please use my analysis as a reference only.
I hope you operate safely with principled trading/stop loss required.
thank you