BitCoinGuide

BTCUSD Bybit Chart Analysis October 20

Long
BitCoinGuide Updated   
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract

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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 20.



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Today's Nasdaq analysis will be fully publicly available.

In fact, I accidentally analyzed both Nasdaq bitcoins first.
I skipped the middle section.

If you upload only 1 Bitcoin analysis,
I don't think it's sincere, so I decided to upload two...


This is the Nasdaq 30-minute chart.
As in the morning analysis, I focused on the long position.

short -> long
or long position concentration strategy.

The 6 hour chart MACD dead cross has not been engraved yet.




Bitcoin 30 minute chart

Arrow movement path one-way long position strategy

The Nasdaq and Bits have intertwined patterns with each other.
I had a hard time analyzing it.

Because the beat is engraved with the 12-hour chart MACD dead cross
What are some risk factors?
Because the rebound period is different from the Nasdaq
It can be raised more powerfully, and it will be a place where it can be lowered less.

If the Nasdaq ends in an upward-sloping converse depending on the situation

Please note that the beat can be raised up to the top.


* When the red arrow moves

Long -> Short -> Long Switching Strategy

1. $19111.5 long position entry section / Stop loss price when departing from the purple support line

2. 19273.5 USD short position entry section / Stop loss when the green resistance line is broken

3. 19027 long position switching / final target is orange resistance
As the Nasdaq rebounds, I think it would be good to keep the long position.

When the purple support line daringly deviated, it was operated based on the stop-loss standard.


# Nasdaq trades right
Because it is a rebound section with twisting power,
A rebound to the orange resistance line at once could push the price up to the top.

Conversely, if the current position does not drop or deviates from the purple support line
It may flow to the bottom price at the bottom, so be careful.



My analysis is for reference only.
Keep an eye on the Nasdaq movement.

Don't forget to buy in principle, stop loss is essential

Have a nice evening.


Over 13,000 followers, and thank you for reading every day.

Trade closed: target reached:

Nasdaq 2-hour chart, movement after writing analysis
I marked the main sections with black fingers.

I chose the sidewalk section above, but
Failed to touch the resistance wire for 2 hours

2 hour support line VS 1 hour resistance line touch
Downward dominance, 6-hour chart MACD dead cross stamped, but
Because it is going downhill,

Yesterday's expected major support line
opened downwards.

The Danger section below is ,
Because it is the bottom section of the main chart
Please note that it is not good to touch and leave.



This is the movement after writing the Bitcoin analysis article.
I marked the main sections with black fingers.

coupled with the Nasdaq movement.

Long -> Short only
It is consolidating near the purple support line.

19111.5 long / 155 dollar profit section
$19273.5 short / $260.5 profit section

I achieved a return of 415.5 dollars round trip.

The strategy is to take advantage of it.

It is walking sideways in the long switching section of $19027.

According to Nasdaq
Let's create a strategy.


thank you

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