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 Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 9:30 and 11:00.
The mid-term pattern was broken due to yesterday's movement, and unlike Nasdaq, it touched the lower Bollinger band first.
There is pressure on the 12-hour chart -> daily chart MACD dead cross.
*Blue finger two-way neutral strategy.
Independent trading -> Start with a short in the 1st section of the purple finger
(Stop loss price when the orange resistance line is broken)
1. 69,163 dollars long position entry section / Stop loss price when the sky blue support line is broken
2. 70,625.5 dollars long position 1st target -> Top 2nd target
If the 12-hour chart and daily chart MACD dead cross are not resolved during the weekend, it seems difficult to break through the Top section. (Try to enter additional short positions autonomously.) I have prepared a strategy that is imprinted while moving sideways rather than plummeting.
The lower tail section is the second section of the sky blue support line, and it is best if you do not deviate from the green support line.
(Bollinger Band 12-hour chart center line)
It is best if you maintain the true blue support line without deviating until the weekend (6+12 or 12 + daily pattern recovery)
It seems that the direction will be determined within the red resistance line / true blue support line convergence section. If a danger signal is imprinted until the weekend, I have hidden the final long position switching position.
A hidden picture that is clearly visible...
Up to this point, please use my analysis articles only for reference and use, and I hope you operate safely with principle trading / loss cut prices.
Thank you for your hard work this week.
Trade closed manually
Hello
It's a Bitcoin Guide.
I will check the movement after writing the analysis article on November 1st.
This is the Nasdaq 30-minute chart.
I marked the main sections with black fingers.
In the sky blue finger short->long short switching strategy,
20028.9 short at the top->19937.8 long -> 20135.4 short switching
(Since the long-short candles were connected as one,
the judgment was ambiguous, so I checked it with a 5-minute chart,
and it touched 19.9K long at the bottom before the short entry point at the top,
so it is not perfect.)
The long position target price was set at the top,
and an adjustment was made to the purple support line.
The orange lower limit line / purple support line that I marked
are moving sideways within the convergence zone. Last week, the weekly chart MACD dead cross that I was worried about was engraved,
and in terms of the mid-term pattern, it seems possible that it will reach the maximum daily support + weekly central line.
This week seems important,
I will proceed with trend following while fitting the puzzle pieces without being biased towards long or short.
It will shake in the middle,
but I think we will eventually meet in a normal trend position.
I will explain the details together in the analysis article.
This is a 30-minute Bitcoin chart.
I marked the main sections with black fingers.
In the upper left, after the 1st section purple finger autonomous short,
the sky blue finger long->short switching strategy,
the first rebound
coupled with Nasdaq at 10:30 PM,
and hit the highest point Top section until the weekend,
and after that, it touched the 69,163 dollar long position entry section and finished the sideways market.
The strategy is manual liquidation.
After moving sideways over the weekend,
The pink finger of the hidden picture search 68,242.5 dollars -> Bottom
After touching it,
The return to the upper gap 69,223 dollars that the weekend was created, which I explained in the morning, was completed.
As a result,
After touching the highest and lowest points above and below the Top -> Bottom that I showed you until the weekend,
I am watching the Nasdaq.
The most dangerous signal in Bitcoin last week
12-hour chart, daily chart MACD dead cross was imprinted.
The gap return to the top was completed.
Overall, the candle position is not bad at the mid-term point,
and it is continuously raising the low point,
and then faltering at the high point.
It depends on the perspective, but
it keeps falling without an entry point
In the case of shouting only short all the time
If you only look at the price that has been adjusted occasionally, it seems like it is not a downward trend
If you look at the overall flow,
Even if you only look at the beat, it is moving sideways at 68.5K after hitting 73.6K from the low of 58.9K when CPI was set.
Start of rebound at 58.9K -> Highest price at 73.6K -> Current price is 68.5K.
Even if you only look at the current price from the low of 58.9K,
it went up by 10K -> $10,000.
What about those who only shouted short from the last low of 48.9K?
Are you short only in your mind without a stop loss?
Are you actually trading? Or, are you shorting more than $20,000?
What would have happened if it was normal?
I don't know about anything else, but since they spread false information,
Isn't it that those who make money with longs can't make money?
At least you should have a conscience...
By any chance, do you think this is a downtrend?
Even if you look at the daily chart,
the lows are continuously rising upward,
and the last rebound went up to just before the high,
but I can't tell what is a downtrend and what is a short, and what some experts say.
I don't think any of my followers would be fooled by such sloppy content that doesn't even know the direction, right?
I hope you won't be harmed by strange content.
Don't believe me either,
and just refer to my drawing,
and blindly trust your own fingers.
No matter what you say,
we just have to go our own way.
Today is a special day? Because of that,
I think I should proceed with a mild taste upgrade.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.