BTCUSD Bybit Chart Analysis December 2

Dec 2, 2022

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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 2.





Bitcoin 4 hour chart.

Today's approximate top price and bottom price are displayed.

around the green support line.

Red upward / sky blue downward movement path check
I created today's trading strategy.





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

I proceeded as it was in accordance with the Nasdaq movement.
The Nasdaq trend looks good,
Tether dominance collapse condition / 30 minutes -> 1 hour chart A section that can be connected to the upward trend if only a thin sound is broken

Currently, it's a slight, downtrend.

Up to the green support line, it is a safe support line.

as it was left

* $16942.5 long position entry section / stop loss when breaking the green support line
Final target is $17566.5 / Weekend target is $18069.5


Please pay attention to the most important Nasdaq movement.


Maybe it's because of various things, but today seems to be a particularly difficult day to be active.


Good luck cheering for soccer

Have a good weekend


thank you.

Dec 4, 2022

Trade closed manually

This is the movement after writing the Nasdaq analysis on December 2nd.
The major sections were marked with a black finger.

At 10:30, in the announcement of the indicators, Nasdaq bad news occurred
After the long black bar

It was finished in an extreme crosswalk without breaking away from the green support line.

It was a rebound after exactly touching the 1 + 4 section.
I was hoping for a break through the black resistance line without any correction.
It progressed from an uptrend to the next pattern.

4-hour chart MACD dead cross with last week's move
Danger signs have been completed
It's a normal movement, no problems so far.

Further correction and breakout of the black resistance line
According to today's strategy, let's take a look at it as a whole.




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

Unfortunately, while being coupled with Nasdaq
Rightward sideways finish

After the long entry of $16942.5
Until Saturday's Daily is created
It ended after a rebound to the upper right without breaking the green support line.

The strategy is manual liquidation.

Within the $298.5 shown over the weekend
Fluctuating width, extreme sideways movement in progress without wave.

Breaking the green support line -> Breaking the orange resistance line / From the light blue support line to the finish, in the case of a sideways climb, it is pushed by the creation of an additional bar
Escapes or breakthroughs are ignored.

17016.5 dollar bottom gap created,

Because the gap and the distance difference are not far,
It looks like it could easily come back.
Even if there is no reversal, up to 2 weeks,
Or, if it doesn't come out after 2 weeks, it's an uptrend.
You should see it change.


The most important thing is the Nasdaq movement.

Last Friday, Korea dramatically advanced to the round of 16, but
Unfortunately, Nasdaq couldn't help.


Let's look at it as a whole.


thank you