BTCUSD Bybit Chart Analysis December 19

Dec 19, 2022

Hello.

“Make it simple, make profit”
It’s BitcoinGuide.


Don’t forget to
“Follow” me and press “Likes”.

If you "follow" press,

Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.

I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 19.






Bitcoin 4 hour chart.
Today's approximate Top Price and Bottom Price are displayed.

centered around the purple support line

Red upward / sky blue downward movement path check


I created today's trading strategy.





Bitcoin 30-minute chart is a one-way long position strategy.

Upper gap / 4-hour middle + 3-hour chart resistance touch
Since there was no danger signal, we proceeded aggressively.

There is a gap at the bottom of the Nasdaq,
If there is no return for 2 weeks
It can be judged that it will change in an upward trend,

If there is no strange movement today,
Since there is a major rebound section in the light blue support line section, I bet on a moderate upward rebound.


*At the red arrow path

long position strategy

16703.5 USD long position entry section / stop loss when breaking the light blue support line

The final target is $17082.5 -> Great section after tomorrow.


Keep an eye on the Nasdaq movement.

My analysis is simply for reference and use only.


thank you.

Dec 19, 2022

Trade active

This is the movement after writing the NASDAQ analysis article.
The major sections were marked with a black finger.

Strategically,
Light blue finger (bottom gap) -> purple finger section
The decline has progressed.

The remaining uptrend line is

Currently, it is a light blue sky blue / bottom section dark blue support line.
In the case of a departure from the true wave support line,
It can lead to the end of the season and long-term decline.
please note.



This is the movement after writing the Bitcoin analysis article.
The major sections were marked with a black finger.

Yesterday left a gap at the top
Because the Nasdaq movement was good
It was a long position strategy with a stop loss.

As Nasdaq and coupling and patterns follow
The sky blue support line section shown is being damaged.

I'm rubbing it near the fingertip
It came down to the daily support line I expected.
Because the shape of the support line is good

The strategy is active processing.



In the case of Bitcoin, compared to Nasdaq
Bottom section / light-colored support line is a safe support line

If it breaks, the next support line is $15,700.
Or, it is a section where additional downtrends can be connected.


At the end of the year, the movement is very frustrating.

Because all charts are centered on NASDAQ
Let's focus on NASDAQ.


thank you

Dec 20, 2022

Trade closed: target reached

As explained earlier,

Upper Gap + Daily Bollinger Band Support Line
The period in which the position was maintained after active processing

I even completed the gap reversion that I indicated accurately.

Abuse processing complete.