November 8 Bitcoin Bybit chart analysis

Nov 8

Hello
It's a Bitcoinguide.

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Here is the Bitcoin 30-minute chart.

There is no separate Nasdaq indicator announcement today.

I think the Nasdaq adjustment will be the most important,
but in any case, Bitcoin's main safe zone is the 1+4 zone.

As indicated below, if the bottom doesn't break in 2,
it will be important to see how it will endure the 4-hour MACD dead cross that everyone knows.

Bit's short-term pattern is broken.

It will be important to see whether the 30-minute support + daily support are broken and
the match is decided at 1+4.

Before this zone is broken, the principle is to continue to follow the trend,
so you can focus on long positions.

If it breaks, you can mix long and short at that time.

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

For those who are not confident, it is better to focus on long positions rather than short positions, and it is important that the 4-hour chart MACD dead cross is engraved and that it does not deviate from the main section.

1. $75,459.5 long position entry section / stop loss price when the green support line deviates
or stop loss price when section 1 is touched

The section 1 at the bottom is a place where the long position entry section can be pushed.

If it is not touched at the same time,
it can be pushed by bypassing section 2 or the bottom, so be careful.

2. $76,500 long position 1st target / short-term short position entry section,
stop loss price when the orange resistance line is broken

As explained above, it can be cost-effective and risky,
so it is important to maintain it by waiting for a long position after liquidation or modifying the long position stop loss price rather than short.

If you touch 76.5K right from the current position, you can start with a short position.

3. 75987.5 dollars long position switching / stop loss price autonomous

Top -> Good section target furniture during the weekend

Check the Bollinger band center line shape according to the 4-hour chart candle shape that is additionally created at 9 o'clock
and see if the MACD dead cross is imprinted every 4 hours
It won't be difficult to operate.

Even if it moves sideways today, it is best if it is maintained without breaking the green support line
or if it protects the 1-hour chart support line.

The purple flag on the far right is the section where additional weekly chart candles are created next Monday

If you drag the chart up and down until the weekend
The top is Good above the Great section
The bottom is the 3rd section below the main price
I checked it, so I think it would be good to use it freely.

There are no significant waves yet,
and it has been moving sideways since yesterday,
so it is very difficult to analyze or explain.

My two-way strategy may fail,
but the drawing and price do not lie.

For those who are going to trade,
I hope you operate safely with the principle of trading and stop loss.

Thank you for your hard work this week.

Nov 11

Trade closed: target reached

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on November 8th.



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

In the red finger long position strategy,
After entering the long position at 21072,
Without breaking the green support line,

It finished at the 1st section at the top / orange resistance line.

As a new daily candle was created today,
It is moving sideways without touching the top section.

The strategy is progressing slightly perfectly.

A gap section of 21.1K was created at the bottom.

So far, it has broken through the highest point without any problems and is
renewing the new high price.

I will explain the details together in the analysis article.



This is a 30-minute Bitcoin chart.
The main sections are marked with black fingers.

Blue fingers
In the strategy of long->short->long switching or short->long switching,

Ignore the first long entry point,
Short $76,500 -> Long $75,987.5

While moving sideways, without breaking the blue support line,
Touch the target price from Top ->good ->Great.

The strategy was a perfect profit cut.

It is satisfying to see that you artistically touched Great.

Since the resistance line cannot be drawn,
The analysis difficulty has increased significantly.

Last week, the 4-hour chart MACD dead cross
was the main issue, and fortunately, the upward trend is continuing.

Check the new gap section of $76,495.5 created at the bottom.

Bitcoin is making a new history. It's an honor to be with you all. Haha

I wonder if you all earned money and graduated.

The participation rate was low,
so today, unfortunately, we will hold it privately.

I hope you have a pleasant evening.

Thank you.