BTCUSD Bybit Chart Analysis October 7

Oct 7, 2022

Hello.

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

Don’t forget to
“Follow” me and press “Likes”.

If you "follow" press,

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 October 7.





Bitcoin 4 hour chart.

So far, the Nasdaq is in a healthy correction.
The 6-hour chart MACD deadcross is in progress.

6 hour chart dead cross,
Depending on what form
The direction of Bitcoin seems to be decided.

Accordingly, the approximate top price and bottom price are displayed.

around the purple support line

Red up/light blue down movement path check


I made today's trading strategy.





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

I focused on the arrow movement path.

It seems important how the 4+6 major rebound section and the 6-hour chart MACD deadcross will proceed on the Nasdaq.

We ignored vertical declines and polar lateral guarantees.

Every 7 1 7 1 hour on Nasdaq
A 6-hour stick is created, and it seems important whether it is engraved at 7 o'clock after a while.
In case of failure, depending on the vertical drop or rebound, you can continue to press until 1 am.
Please note.

Here, the variable is the 4 + 6 major rebound interval.
(After that, it may be connected with a downtrend depending on time.)



* When the red arrow moves

long position strategy

The purple support line is a major rebound in Bitcoin until 9pm.
It would be good to use this part.

Keep an eye on the Nasdaq movement.

At the top, it's best when you touch it upwards.
If the touch fails, pay attention to the Nasdaq movement.
It is advantageous to operate after the first and second wave confirmation.


1. 20104.5 USD short position entry section / Stop loss when the red resistance line is broken
2. After entering the 19820.5 long position, you can open the stop loss up to the maximum green support line.

The final target is $20499 / Please check the Gap closing price.

If the purple support line is broken,

Notice the light blue finger at the bottom.


Nasdaq 6-hour chart MACD dead cross is the most important.
Please note that the indicator announcement at 9:30 was calculated only as a wave level.


My analysis is for reference only.

Principle trading / Stop loss is essential, I hope that you operate safely.


You've worked hard this week too.

Have a nice weekend to all followers


thank you.

Oct 10, 2022

Trade closed: stop reached

Nasdaq moves since the last comment.
I marked the main sections with black fingers.

Last Friday, 9:30 a.m. Bad news + Don't ask, the decline ended
On October 10th, the daily chart MACD Dead Cross pressed
At the end of the season, the sidewalk was finished.

As the end of the season was damaged
I'm crossing

Let's look at it as a whole.




This is the movement since the last comment on Bitcoin.
I marked the main sections with black fingers.

After the Nasdaq and Donghan decline,
The green support line has broken/stopped.

A right-to-back movement in progress

Similarly, the last uptrend line
Crossing near the sky blue support line

The daily chart MACD dead cross has not been engraved yet.

I'll take a look at it in its entirety and see you in the analysis article.


thank you