BTCUSD Bybit Chart Analysis December1

Dec 1, 2022

Hello.

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

It's been a while.

Due to an unfortunate incident, I was suspended for 3 days.




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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 December1.






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.





This is a 30-minute chart one-way / sky blue finger long position strategy.

Bitcoin's pattern is faster than Nasdaq.
Because the 2-hour chart MACD dead cross is in progress
Vertical rise is difficult, in case of coupling with Nasdaq

I bet on a moderately upward slope.


When holding at the purple support line, the top price is the target
sky blue support extreme crosswalk
The bottom section of the deep wave support line is downward to the right.



*In light blue finger movement path

One-way long position strategy

1. Entry into long position at $16862.5 / Stop loss when breaking the light blue support line

$17724.5 long position target / can finish near the light blue and green resistance lines if the strength is insufficient.

Those who are still in the long-term trend
I think it would be good to operate with major altcoins in the spot exchange.

Even those entering
Nasdaq movement is the most important
Please operate safely while maintaining stop loss at the main support line.

There is one indicator announcement at 10:30 / 12:00,
It doesn't seem that important, so I ended up with a moderate amount of sidebar.


I hope you operate safely with principle trading / stop loss essential.


thank you.

Dec 1, 2022

Trade active

s3.tradingview.com/snapshots/t/TNJ3cmNs.png

Before the December 1st movement, this is a Nasdaq analysis.



This is the movement after writing the analysis article.
I marked the main section with a black finger,

without big waves
It was completed crosswise within the green support line.

without impact on the release of indicators
Within the 1-hour support and resistance line of Bollinger Bands
It's finished.

Today, we will proceed with the strategy for additional adjustments and rebounds.




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

As it is coupled with Nasdaq,
Displayed after a wave occurred
Finish downright within the orange resistance line/green support line

3-hour resistance line / 1-hour support line touch, upside advantage

It touches 16862.5 dollars at 6 am and is rebounding weakly.

without any movement
Detour and touch the entry, so the strategy is active processing

I'll see you in the afternoon real-time strategy compared to Nasdaq.


thank you