Bitcoin Bybit chart analysis October 15

6 days ago

Hello
It's a Bitcoinguide.

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Here is the Bitcoin 30-minute chart.

There is no Nasdaq indicator announcement today.

In the case of Bitcoin, there is a very high possibility of sideways movement today.

(Bollinger Band downward touch, 2-hour chart MACD dead cross, etc.)
Also, please note that the main sections drawn in the real-time strategy have changed.

Depending on today's movement,
Tomorrow's direction seems to be determined.

The strategy was carried out from the purple finger chase purchase,
but the movement is in progress as additional candles are created,
so please pay attention to the movement of the blue finger.

*When the blue finger moves,
It is a two-way neutral
short -> long switching strategy.

1. $65,850 short position entry section / stop loss price when orange resistance line is broken

2. $64,679 long position switching / stop loss price when green support line is broken

Currently, the rebound can be pushed to the 2nd section at the top,
and even if the rebound is strong today,
it seems difficult to break through the top section.

From now on, if it breaks away from the purple parallel line support line,
it will be a vertical decline condition.
You should pay attention to the final 1+4 section.
It would be good to watch from the bottom to the 3rd section.

Today, if there are no variables in Nasdaq,
it seems likely to move sideways,
and depending on the movement, the overall direction will be revealed tomorrow,
so please refer to it and operate.

Up to this point, I ask that you simply use my analysis article to the extent of use,
and I hope that you operate safely with principle trading and stop loss prices.

Thank you.

5 days ago

Trade closed manually

Hello
It's a Bitcoin Guide.

Let's check the movement after the analysis article written on October 15th.



This is the Nasdaq 30-minute chart.
I marked the main sections with black fingers.

Blue fingers
In the short->long switching strategy

After the short entry at the top with the blue fingers at 20451.9

The long position switching section and the green support line breakaway at 20328.2

Bottom section breakaway -> The marked
blue support line fell sharply to 20119.5.

There were no special indicators announced yesterday
and the pattern seemed to recover after the rebound of the center line of the Bollinger Band daily chart on Nasdaq
and the resistance line touch,

but a strong decline occurred in the important section. Yesterday, the 4+6 +12 MACD dead cross that was unstable was engraved,

and the puzzle needs to be put together in the pattern that was broken last time.

Since this movement has many branching points and

it has become confusing,

we will solve the details together in the analysis article.



This is a 30-minute Bitcoin chart.

The main sections are marked with black fingers.

After the purple finger chase purchase,

the blue finger was a short->long switching strategy.

At the bottom, in the risk zone of $65,346.5,
After the chase purchase,

up to the long entry zone 2 touch,

it rebounded sharply without breaking away from the purple support line.

At the top, the short position entry zone of $65,880 and the orange resistance line breakthrough.

It rose to the maximum Great zone. Those who maintained the purple finger chase purchase from last week's 58.9K or achieved profits up to Great.
Those who operated the sky blue finger short position

I think they cut their losses.

Since it was a position where additional short or long positions could be operated in the middle,
the strategy was manual liquidation.

It was a position where a vertical rise or strong rise was impossible on the chart,
but it seems that the long position gained strength in the Bybit competition.
As a result, it fell vertically as it was forced to couple with the Nasdaq crash at 11 o'clock.

Unfortunately, the long position switching section at the bottom, $64,679,
was not touched,
and it is rebounding upward along the parallel line without breaking away from the purple support line.

The content is complicated, so it's hard to explain. Haha

The fluctuation range was around $3,300,
I hope everyone traded safely.

Yesterday's movement broke the short-term pattern.
I will look at it as a whole and see you in the analysis article.

Thank you.