(Season end) Bybit Bitcoin Chart Analysis October 11

Oct 11, 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 October 11.





This is the Nasdaq US100 30-minute chart.

I just finished the analysis in one go.
There are two movements for the jinban light.

# One rebounds to the right without adjustment
#Another one is a double bottom V rebound.

Currently, the pattern
Last week's chart touch (double bottom) was broken
There seems to be only one pair of floors.

At the bottom 10505.6
If it is not connected with a V rebound or an upward rebound without adjustment
It may continue to decline to the right until next August.
Please note

I decided to watch this season's game here.

Just follow the Nasdaq movement.
Bitcoin analysis is meaningless
Because you can keep doing it until the jingo light comes out.
It is a judgment made.

* This is a long-waiting strategy after a strong decline.
Long wait strategy at the bottom or
I only focused on short -> long finishing and V rebound.

indicated,
in the purple parallel line
If there is no movement, it is guaranteed
Strong rises and vertical rises were ignored.




This movement was substituted for Bitcoin as it is.





Bitcoin 30 minute chart.

The 4-hour chart construction section was omitted,
In the main section, you can see only the purple support line / green support line.


# Short entry position is coupled with Nasdaq,
It can come out suddenly.
From the orange resistance line to the bright sky blue resistance line we marked.
short entry section


# Those who are waiting or maintaining a long position
The 18541 section at the bottom is the long entry section and the stop-loss price.


Same as Nasdaq

This is a short -> long switching or long wait strategy.

The bright sky blue parallel line is the standard for the right-to-down sideways direction.

If there is no departure from the purple support line,
A strong rebound is possible.

The gap section at the top is the gap difference section that occurred on Monday.


1. 19376 $ short position entry section / Stop loss when breaking the bright sky blue resistance line

2. $18541 long position switching / Stop loss when the green support line is broken


I created a strategy by aligning the daily Bitcoin support line with the Nasdaq pair bottom.

As described above, there is no V rebound
Or after tomorrow, if there is no strong rebound

This is because the downtrend may continue until the next rebound occurs.
The season will end.


If the season ends today,
Tomorrow, I will leave the overall operation method of Jinban etc.

I took a personal break for 1-2 weeks
I will be back.


I had a lot of trouble today,
There seems to be no end like this, in the most probable section
The last match was held.


My analysis is for reference only.

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


thank you.

Oct 11, 2022

Trade active

in the description above

# Until next August -> Next August

I've edited the typo.

It's something I've often explained.

If it continues to fall without rebounding
According to the chart, it could go downhill until August next year.
Even after August, if the black resistance line is not broken,
A decline may continue after that.

My analysis is for reference only.

thank you

Oct 11, 2022

Order cancelled

After writing the Nasdaq analysis, this is the movement.
The main sections are marked in black.

Within the purple parallel line that I marked without a big wave
End of extreme lateral protection / cancellation of power.

Yesterday, I was aiming for a V-shaped light at the bottom.
In the end, it was finished sideways in the purple parallel line again.




After writing the analysis article, Bitcoin movement.
I marked the main sections with black fingers,
coupled with the Nasdaq

Failure to break the orange resistance line -> within the light blue support line
End of extreme lateral protection, there was no touch on the entry section

The strategy has been cancelled.

One good thing about Bitcoin
Daily chart MACD dead cross pressure,
The point is that it has been well supported without a major drop.

On the latest Nasdaq basis, it continues without a strong rebound.
Bollinger Bands 4-hour chart resistance line -> new lows are being updated repeatedly.

Although it is conducted every day, chart analysis is practically meaningless,
In the repeated part, investors also
I think you must have been very tired.

I, too, have been suffering from the continuous decline since the end of last year.
As I was compelled to write analysis articles every day, my health deteriorated a lot.

Finally, this rebound
I'm trying to have time to recharge until the next jinban lamp.

If there is no double bottom / no rebound without correction
For the time being, the decline in ignorance may continue.
I hope you all take good care of your health as well.

Until this move, I will work hard.

See you later in the analysis article.

thank you