Bitcoin bybit chart analysis October 12

Hello

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,

I would like one booster button at the bottom, please.

Bitcoin 30-minute chart.
It is a two-way neutral strategy.


*Sky blue finger movement path

Short -> Long switching strategy

1. Short position entry zone at $26880.5 / Stop loss when the orange resistance line is broken

2. Long position switching at $26618 / Stop loss when the purple support line is broken

3. $27184.5 long position primary target -> Top section secondary target



Unlike Nasdaq
Because Bitcoin is in a downward trend
Be sure to touch the top first,
Your strategy is likely to succeed.

If you touch the bottom first
When it breaks away from the purple support line

The green support line shown at the bottom is the purple finger -> Bottom -> $25314.5.

It may decline in order, so be careful.


Nasdaq movements are the most important.

Please refer to the real-time movement

Today, it is especially unlikely that the strategy will succeed.
Please just use it as a reference.

For beginners, I recommend taking a wait-and-see approach.


So far ,

Please use my analysis only for reference and use.

Please operate safely with principled trading/stop loss required.


thank you

Order cancelled:

Hello
it's a Bitcoin guide.

I will check the movement after writing the analysis on October 12th.

This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.

There was no significant movement during the CPI announcement at 9:30.
While moving sideways to the right

Bollinger Band 1-hour chart, downward wave at resistance line

Afterwards, it fell to the light blue finger section indicated.
It's on the rebound. (1+4 sections)

Based on current location
Please note that there is a difference between rising and falling trends.

Bitcoin 30-minute chart
Major sections are marked with black fingers.

In short->long switching strategy

Failed to touch 26880.5 dollars with a difference of 12.5 dollars.
It has touched the purple support line of $26618 and is rebounding.

Because there was no touch in the entry section.
Strategy is canceled

Yesterday, the extreme horizontal protection was completed within the fluctuation range of $300.

The Bollinger Band 1-hour chart wave is in progress.
For those who entered a long position

While maintaining the stop loss, it would be good to refer to the perspective I left yesterday.

Thank you all for your hard work on CPI and I will see you in the evening.


thank you