BTCUSD Bybit Chart Analysis November 29

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BYBIT:BTCUSD.P   BTCUSD Perpetual Contract

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Only 30 Min chart ,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for November 29.

The red resistance line -> the green resistance line breaks through the overshooting area
Finished near the sky blue resistance line

Until the closing price of the Gap futures market at the bottom
a retracement, or some form of movement,
Let's take a look at the whole

4 hour chart

Today's approximate Top and Bottom prices are displayed.

The main section shows the MACD dead cross on the weekly chart.
in what form
To ignore it, you have to hit the resistance line at once.
It seems impossible.

There was a strong rebound, but
The resistance line was not touched for BB 4 hours.
There is still a gap retracement section.

purple parallel line vertical rise
Orange Parallel Lines Strong Rise
green up-ward

I made today's trading strategy.

Today went lightly

30-minute chart one-way, neutral strategy

Overall, weighted the gap retracement.

If the red resistance line is broken today, it is a strategic failure.

If you are maintaining a long position, check the purple support line.

The orange parallel line is used to check today's Top section

* When the light blue finger moves

Short -> Long -> Short Switching Strategy

1) $57577.5 short position entry section / Stop loss when the red resistance line is broken

2) $54176 long position switching / Stop loss when the green support line is broken

3) 58170 long target and short position switching section / Stop loss when the red resistance line is broken

Those who maintain long positions and spot exchanges

Check if the purple support line is broken

Pay attention to the long position entry section at the bottom.
If the strategy is successful, minor Alt -> Major Switching will fit.

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

I will close today without further comments

thank you

Trade closed: target reached:

$ 1020 profit.

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바이비트 Bybit 20%할인+$100

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