Bitcoin bybit chart analysis November 2

Nov 2, 2023

Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.

There will be a Nasdaq indicator announcement in a little while at 9:30.

There are no particular danger signs
Because the positive luck in the 30-minute chart and 1-hour chart is thin,
You can play around with the bounce of the lower tail of the candle.


*Red arrow movement path

One-way long position strategy

1. $35,286 long position entry zone / stop loss when breaking out of the orange support line

2. $36878.5 long position 1st target -> Great section 2nd target


Because there is a possibility of sideways movement today.
If Bitcoin does not break out of the green support line

I think it would be a good idea to focus on minor altcoins.


My analysis up to this point is simply for reference and use only.

6 principles of trading / Stop loss is essential and safe
I hope you run it


thank you

Nov 3, 2023

Trade closed: stop reached

Hello
it's a Bitcoin guide.

I will check the movement after writing the analysis on November 2nd.



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

Red Finger 14712.7 It was a long position waiting strategy.
End of extreme sideways trading without any touch



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

After entering the red finger $35,286 long position
Breaking out of the orange support line

Stop loss processing.

Touch the bottom section while slowly falling to the right.
We came down near the gap.


I said I was working hard, but it's a shame that I ended up losing money.

I will take a break from analysis today.

Have a good weekend.


thank you