Bitcoin Bybit chart analysis December 31

Dec 31, 2024

Hello
It's a Bitcoinguide.

If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.

If my analysis is helpful,
Please would like one booster button at the bottom.






This is the Nasdaq 30-minute chart.
There is no indicator announcement today,
and unlike yesterday, the 30-minute chart is touching the resistance line.

The purple finger section 1 at the top
is the best short entry point for today.

I proceeded with a strategy of moving up to the 4 + 6 + 12 center line without adjustment.

If I'm lucky, the 4 + 6 + 12 MACD golden cross might be there.

Since yesterday was a sudden plunge without a short entry point, I proceeded aggressively from the opposite perspective,
and I'll apply it to Bitcoin as it is.





This is the Bitcoin 30-minute chart.
Looking at the current movement,
As expected, it doesn't seem to have fallen that much yesterday.

First of all, I judged that there will be no crash in Nasdaq today.
At the very least, it would be good if it moves sideways.

Also, it has touched the 4-hour and 6-hour central lines of the Bollinger Band, which can be a resistance line,
and during a short-term upward trend, the 4+6+12 MACD golden cross is in order.

On the other hand, Tether Dominance requires a vertical decline,
but instead, since the 30-minute candle is a long bullish candle,
I played a short and thick game.

I cut my loss sharply,

* When the red finger moves,

One-way long position + chase buying strategy.

1. 93,563 dollars long position entry point / stop loss price when green support line is broken

2. 96,241.5 dollars long position 1st target -> Good -> Great -> Miracle
Target price in that order.

As you can see, I chased and bought during the long negative candlestick,
and I made a bet here, not blindly, but in comparison with Tether dominance.

If it breaks the green support line today, it will be dangerous.

I think it would be good to think of the bottom as a safe rising section.

That's it....
Please use my analysis for reference and use only

and don't forget the essentials of principle trading and stop loss price...

You've worked so hard this year,
and I hope you all stay healthy and rich next year.

Happy New Year to everyone.

Thank you.