Bitcoin Bybit chart analysis December 2

Updated

Hello
It's a Bitcoinguide.

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snapshot


This is the Bitcoin 30-minute chart.
It's a very tiring day.
There's a NASDAQ index announcement at 12 o'clock in a little while.

As per the comment at the bottom of the analysis article on the 29th,
I'll proceed with a manly chase purchase.
The purple finger on the lower left is 95,410 dollars. I'll proceed with the strategy as is.
This is the real-time entry price at 10:15 PM today.

Also, since this is a strategy that was carried out recklessly without a plan,
the probability of success may drop significantly,
so please refer to it and use it or just as a real-time scout.

* When the blue finger moves,
Two-way neutral
Short-> Long switching strategy

- Since I'm chasing 95,410 dollars,
I'll cut my loss if it deviates from the purple support line from the current position.

1. 97406.5 dollars short position entry section / stop loss price when breaking through the red resistance line or touching the top section

2. 96120.5 dollars long position switching / using the purple support line and autonomous stop loss price
The final long position target price is ->Top ->Gap8.

If it falls after touching the first section at the top,
there is a possibility of a strong decline.

The movement within the 2nd and 3rd sections that I have indicated is a sideways movement,
but the 3rd section is the second touch in the 6+12 section,
so I do not recommend it.

The bottom section is the single touch of the center line of the Bollinger Band daily chart.

In fact, I considered this section important today.
This is because the main stock, Nasdaq, continues to touch this section,
and I will check the movement and the pattern of this section after today.

Although there was a strong adjustment in the morning,
Bit was falling in a place without a justification,
and the downward pattern that I think of did not appear,
and the upward trend is also strong on the Ichimoku Kinko Hyo.
The main sections are still positive, and the signals are good.

All transactions are basically trend-following.

Also, there is a possibility of an increase in Nasdaq,
and the mid-term pattern in the 6+12 section has not been broken,
so it seems to have a sufficient chance of winning,

but the difficulty of today's strategy is

After the chase purchase,
all short -> long switching must be successful without cutting losses.

The 97.4K short position switching section at the top
is a place with a justification, and if it breaks through, an additional upward trend may occur.

Also, as I explained in the afternoon,

If the high or low point in the current box is not broken,

you can operate the altcoin in the same way at the long position entry point.

Up to this point, I hope you only use my analysis for reference and use.
Personally, I hope it doesn't turn out perfect.
It takes too long to make,
and even if I work hard, I feel like I only get hated.

Thank you for waiting until late at night.

Thank you for your hard work.
Trade closed manually
Hello
It's a Bitcoin Guide.

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

snapshot

This is the Nasdaq 30-minute chart.
The main section is marked with a black finger.

In the red finger long position strategy,
It went up vertically without touching 20909 at the bottom.

It reached the purple navigation -> Top -> Good section marked at the top.

I will give you some entry points as a human being...

Anyway,
Nasdaq is moving sideways with only one bright sky blue resistance line
and the highest point left.

I will explain the details in the analysis article.

snapshot

This is the Bitcoin 30-minute chart.
The main section is marked with a black finger.

After the purple finger chase purchase of 95,410 dollars,
In the blue finger short->long switching strategy,

After entering a short position at 97,406.5 dollars at the top,

It did not break through the red resistance line and remained as is,

It strongly broke away from the long waiting period 2 -> 3 at the bottom.

It maintained the purple parallel line support line,

and moved sideways this afternoon.

The strategy was manual liquidation.

The long->short was perfect, but

I was pushed back a lot in the last long position switching.

If it had been perfect, I would have taken a vacation today,

but it doesn't give up easily. Haha

Bit continues to move sideways,

but it's in the middle section within the box.

Since it's not a dangerous position yet,
I don't know if it's giving a last chance to those who haven't entered the altcoin.

The entry point for altcoins will be when it breaks through the all-time high or breaks away from the all-time low, and leaves the box.

For more information, thank you for the unprecedented participation rate today.

I will come back with a spicy analysis article.

See you later~
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