BTCUSD Bybit Chart Analysis December 8

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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 8.

This is the movement after the analysis post on December 7th.

More details are in the comments.


It ended up breaking the pink resistance line without any big waves -> breaking the purple support line -> breaking the red support line.

Because the polarization guarantee was completed at the set time without any fluctuations.

Transaction canceled


Last week, there was a drop in the Gap section retracement.
For now, leave a Gap section at the top to see what kind of movement will come out.

I'll take a closer look at the whole thing.

4 hour chart

As you can see, the fortune is ichmoku Red cloude thin.
The pattern is also broken.
In many ways, the situation is not good for long positions.


Failed to touch the center line in the 30th minute
Now anyone can see it's a short position.


no matter what
Yesterday it broke the red support line and broke the defensive line.
From now on, there is no proper support line.

Because yesterday was a movement that came out in extreme sideways without any trend or pattern.
It would be a bit embarrassing if it went down like this, wouldn't it?

In general, a decline after a normal wave is understood, but
It's good to say that yesterday there was no movement at all.

There is still plenty of room until the 4 hour chart MACD dead cross.


(There was no volume and there was no set wave or trend)

Today, too, the sideways should come out in reverse.

That standard, the orange resistance line and
The maximum risk zone was captured by the purple support line.


When the purple support line is broken, it is open to the bottom.
Because it's almost a forced section.
Even if you support it, it can continue to flow after tomorrow.

A break from the purple support line is not always good.

Check the red up/light blue down movement path


I made today's trading strategy

This is a reckless one-way long position strategy on the 30-minute chart.

If it was a normal wave,
I would have come up with a full-short strategy.
No matter how you look at it, it's an experience award


If it goes down without a wave like this
Guess I'll have to start studying the charts again.

It is such a questionable position, but the reason why it is a reckless strategy, This is because the risk factor is very large.


All major sections are focused on the purple support line.
After that, I hardly thought about it.

Also, I expressed it as a trend, but please note that there is a very high possibility that extreme lateral protection will occur.



The red and green arrows are driver insurance in case you hit upward.
Either way, it's almost the same.



* When the light blue finger moves

Long -> Short -> Long -> Short Switching Strategy

If you are entering in advance, check if the orange resistance line is broken.
Are you ready for the next pattern?


1) 48793.5 USD Long / Stop Loss when the purple support line is broken

2) $50816.5 short / Stop loss when the red resistance line is broken

3) 49225.5 Long / Stop loss when the purple support line is broken

4) The final target is $52544, but I wonder if it can go up.
If it is reached, only courageous people will run short when the green resistance line is broken.

If you go near here, it seems difficult to ignore the gap section
Personally, I would recommend maintaining a long position and correcting the stop loss price.


If the strategy succeeds today

Depending on the long position operation section, it will become a job alt field.


If the purple support line breaks...

I marked the bottom section, but I don't want to imagine it separately.




Here's today's strategy.

Principle trading / Stop loss is essential, I hope that you operate safely.




thank you

Trade closed: target reached:

Hello

After writing the analysis, we will check the movement

It was a light blue finger long position strategy.

Also, the trend came later than expected.

Overall, it was a sidewalk.
Across the purple support line

The strategy was successful yesterday as well.


* $48793.5 long / $2226.5 profit section
* $50816.5 short / $1906.5 profit section

That's about $4100 in revenue.

Today, in what form is the 4-hour chart MACD dead cross?
I think it will be important whether or not

More details will be discussed in the analysis section.


thank you