Bitcoin Bybit chart analysis December 19

Dec 19

Hello
It's a Bitcoinguide.

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This is Bitcoin's 30-minute chart.

In a little while, at 10:30 and 12:00, there will be a Nasdaq indicator announcement.

As I explained,

Nasdaq and Bitcoin both reached the center line of the Bollinger Band daily chart,

but Nasdaq is recovering the 12+ daily pattern,
and Bitcoin has touched the center line of the daily chart alone, so the mid-term pattern is broken.

Even if it succeeds in bouncing back from the current position,
it is a problem,
but today, at least in Nasdaq, there is a higher possibility of a sideways movement rather than a plunge,
so we proceeded with trend following.

*Red finger movement path
One-way long position strategy

1. 101796.5 dollars long position entry section / When the green support line is broken
or when section 2 is touched, stop loss price

2. 104828.5 dollars long position 1st target -> Good 2nd -> Great 3rd
If the strategy is successful, the daily chart ends. The 1st section of the red finger is
a long position re-entry attempt and stop loss price autonomous section.

Today, the 15-minute Bollinger Band center line
has not been touched even once, so the strategy is to play at 5+15 or even 15+30 even if it is pushed.

With a strong upward condition, the success rate is approximately less than 5%.

From the 1-hour chart center line touch,
it can be dangerous because it is open downward, right?

Also, I marked the purple finger at the top.

In order to succeed in today's strategy,
you must first touch 102.7K to increase the probability,
and the long position switching position can change from the 1st section touch consecutively.

If the adjustment comes out immediately without touching the purple finger at the current position,
a long position entry position can come out once within the purple support line near the center line of the 30-minute chart,
and it becomes a dangerous section from the 2nd section touch.

You can see the movement within the convergence section of the orange resistance line of the 1st section and the sky blue support line of the 2nd section at the top as a sideways market.

I drew a gray rising trend line in the 3rd section,
and if it doesn't deviate from this section depending on the movement this week,
it can continue to rise.

If the 3rd section touches today, it seems like it will be a double bottom condition,
but I don't recommend it. Bottom is the place where the 12+ daily pattern can be restored, but if a strong rebound does not occur, the candle may deviate from the center line of the daily chart, so additional declines may occur.

Up to this point, I ask that you simply use my analysis for reference and use,

and I hope that you operate safely with principle trading and stop loss prices.

Thank you.

Dec 20

Trade closed: stop reached

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on December 19th.



This is the Nasdaq 30-minute chart.
I marked the main sections with black fingers.

In the red finger long position strategy,
It barely touched the 1st navigation section at the top

and broke away from the 21,192.5 dollar long position entry section.
It fell downward and finished with a downward decline near the 2nd section green support line.

As an additional daily candle was created today,
It is breaking away further to the bottom.

In the case of yesterday,
I tried to win with a long position strategy in the 12+ daily rising pattern,
but
after entering the best short of the 30-minute chart resistance line,
it is falling without a rebound.

The mid-term pattern was broken again,

and the next support line remains the Bollinger Band daily chart support line.



This is a 30-minute Bitcoin chart.
I marked the main sections with black fingers.

In the red finger long position strategy,

yesterday was a normal
purple finger 102.7K short-> 101,7K long switching strategy,

but it touched 101.7K at the bottom first,

and the best short position was created at 102.7K.

The reason I drew the purple support line is

that it touched the top first and then broke away,
and after the breakaway, a downward wave occurred.

As a result, it broke away from the green support line while coupling with the Nasdaq decline,
so the strategy was cut.

In fact, it was coupled with the real-time decline in Nasdaq, and
it was a movement that should not be entered into a long position in an ambiguous position.
Those who understood the strategy well yesterday
I think it will be a profit zone after the purple finger short entry to the bottom.

As explained in the analysis article yesterday,
the bottom was a 12+ day section.
The rebound was not good, and
in conjunction with the additional decline in Nasdaq,
the bright blue support line is about to break away.

As of now, the next support line in the short term is 94.5K.

It has been falling since the double top at the top,
but except for two days ago and yesterday,
there has been no short entry position,
and it is being adjusted in vain.

So, when the 1+4 rising pattern is broken,
the difficulty increases and the movement becomes difficult.

The GIMP is also rising a lot,
and my long-term perspective is the same.

I think those who have prepared well and are prepared are enjoying the current situation.

There may be some who are afraid of another market crash,
but I left a detailed comment about the overall market situation in the morning, so I think it would be good to look it up.

Today, the participation rate is low, so I'm going to go in without writing an analysis.

I hope you all operate safely in your respective positions.

Thank you for your hard work this week,
and have a good weekend.

Thank you.

7 days ago

Note

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on December 20th.



This is Bitcoin 30-minute chart.
I marked the main sections with black fingers.

In the red finger long position strategy,
After entering the long position at the bottom at $93,837,

The green support line did not deviate

From the top at 97.7K -> Top section at $988,929.5,
It was a clean perfect success.

I was worried that if the green support line section deviates
Because the long-term channel changes,
It could take a long time to recover.

Thank goodness.

The strategy was taken profit.

During the weekend, there was a downward adjustment, and it

came back down to the current level, and last week's movement created a gap section at the top.

We will discuss the details together in today's analysis article.

Today, due to the lack of participation,

it will be held privately, so we ask for your deep understanding from those who have been waiting.

Thank you.

6 days ago

Note

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on December 23rd.



This is the Nasdaq 30-minute chart.

It was a brief analysis,

In the red finger long position strategy,

Perfect is in progress until the 1st section after the Gap reversal.



This is the Bitcoin 30-minute chart.

I marked the main sections with black fingers.

In the red finger one-way long position strategy,

Without touching the purple finger gap reversal section at the top,

It falls downwards as it is

If it goes down right away without touching the gap,

The 2nd long position entry point at the bottom
-> It touched the bottom and finished as a sideways market.

Unfortunately, the strategy is to cut losses.

The top is playing around just before the Gap recovery.

Fortunately, the bottom is not broken and is holding up well.

This week is the end of the year,

so it's actually a resting mood
Today is also Christmas Eve

I'll share a short beat analysis and get started.

Thank you.