BTCUSD Bybit Chart Analysis January 7

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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 January 7.

This is a private analysis post from January 6th

Yesterday, the Bollinger Bands 30-minute chart without any fluctuations.
The end of the Extreme sideway move was completed within the BB support line and the resistance line.

(If you look closely, it is a touch of the ball van 1-hour resistance / 30-minute support line)

As I explained in the live streaming yesterday

The 1st pink resistance line on the left -> After breaking the orange resistance line
Reached 2nd section of the pink resistance line

Within the purple parallel line I drew on the real-time broadcast
The extreme sideways movement is in progress.

Let's take a look at the whole

4 hour chart

Today's approximate top price and bottom price

Probably around 48,000 for the time being?
Unless it is a Real rebounds that raises the sky blue resistance line
There is a high possibility of a fake rebound to fall

around the purple support line

Red up / sky blue down movement path check

I made today's trading strategy

A trend came out during the analysis, so I corrected everything haha


As a bonus, for those who couldn't watch the live broadcast yesterday

I will leave a short bottom section.
In the event of a departure from the bottom, we have marked the last major support line for this month.

Please note that it is about $32710.5.

This is a 30-minute chart one-way long position strategy.

A trend came out during the analysis, so I was really worried.


Long position here?

In a nutshell, this is a crazy strategy for counter trading.


It is a sideways section from the current purple support line to the touch of the green support line.

It's the psychological part.

I don't think it's a particularly good place to eat short position today.
It's a dead cross in phonology.
It's not even thin

Do you remember in the past when an uptrend stopped right before the uptrend and went down backwards?

Today is the reverse scenario of a rebound right before a downtrend.

There is a high 99.9% chance of failure, so be absolutely careful.
When the purple support line breaks, I will hold the stop loss tight.


If a downtrend is connected,

I left an approximate short position movement path with a blue finger, so please refer to it.


* When the red arrow moves

Short -> Long -> Short Switching Strategy

The current position will be the entry position for the long position.
Candles break the purple support line as a downtrend is underway.
All strategies will fail when the green support line is reached.


1) $43422.5 short position entry section / Stop loss when the purple resistance line is broken

2) 42383 USD long position switching / Stop loss when the purple support line is broken

3) $44660.5 long position target and short position operation section


That's it, after that, depending on the closing price of the futures market
Take a weekend position


If the sky blue resistance line is crossed above, a bullish indicator will be established.
If you can't raise it up strong enough that it doesn't come down over the weekend,

Please note that there may be a drop in the thin Yangundae on the way back.


See you in the video for details.


Today is a psychotic delusion, so please do not follow it and be patient.

Even if you resent it, it is your responsibility.

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


Have a good weekend.


thank you

Trade closed: stop reached:

Hello

We will check the movement after writing the analysis on January 7th.

A rebound came out in the evening,
and it was a game in the final match.
the 0.01% strategy failed.

Break out of the sky blue support line and take a short stop loss.

Violet support line break -> after red support line support
Breaking the green resistance line

It is the end of the sideways trade within the final red parallel line.

There was no trend and there was little fluctuation or movement,
and it was sideways.

Gap difference retracement was completed in the morning


I finished dealing with the big problems last week and started anew today,
I'll pay close attention and check it out.


I'll see you later