BitCoinGuide

Bitcoin bybit chart analysis November 7

Long
BitCoinGuide Updated   
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There are no important indicator announcements today.

I touched the gap section.

I think there are people who are holding long positions.
I'll continue with yesterday's strategy.

Instead, it is leaving the center line of the 4-hour chart.
After 9 o'clock, it is not good if it breaks out of the green support line.
please note.


*Red finger movement path

Long position strategy

1. $34615.5 long position entry zone / stop loss when breaking out of the green support line

2. $35296.5 long position 1st target -> Top section 2nd target after tomorrow

If the green support line breaks out after 9 p.m.
Bottom section -> It can be pushed up to $33575.
please note.



Please use my analysis simply as a reference.

In long and short positions

I hope you operate safely with principled trading/stop loss required.


thank you
Trade closed: target reached:
Hello

it's a Bitcoin guide.

I will check the movement after writing the analysis on November 7th.


This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.

Red Finger 15125.4 After entering long position
Until you touch the marked top section (15301.5 points)

As per strategy, it ended after a strong rise.



Bitcoin 30-minute chart.
Major sections are marked with black fingers.

After entering the red finger $34615.5 long position,
$35,296.5 indicated -> Reached the top section

The strategy worked.

In a dangerous position where you could fall down,
After the gap retracement, the green support line was maintained as per strategy.

It rose strongly.


See you in the evening analysis article for more details.


thank you

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