Bitcoin Bybit chart analysis October 31
Hello
It's a Bitcoinguide.
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.
Here is the Bitcoin 30-minute chart.
The Nasdaq index will be announced at 9:30 shortly.
On the upper left,
Yesterday's short position entry point of 72,746 dollars
I connected it to today's strategy.
*Red finger
One-way long position strategy.
1. 71,493.5 dollars long position entry point / stop loss price when the sky blue support line breaks
(The sky blue support line is the green support line in the analysis article on the 30th yesterday.)
2. 73,169.5 dollars long position 1st target -> Top 2nd target
If the strategy is successful,
Look for an additional long position entry point in the daily closing section as you have been practicing.
If the purple support line is maintained,
If it reaches the Whipsaw (73.2K) section indicated at the top right from the current position,
it may plummet sharply because it is the previous high.
Today's long position entry section 71.4K was as tight as possible for fear of missing the entry point.
Please check the central line of the 4-hour candle of the Bollinger Band after 9 o'clock, which is generated shortly.
The maximum long position entry section today is number 2.
Since the bottom section is the 6-hour central line,
a slight rebound may occur,
but if the 1+4 section is deviated, the mid-term pattern will be broken,
and the bullish train may be delayed.
If possible, it would be good to maintain the sky blue support line today.
Up to this point, please use my analysis article only for reference and use,
and I hope you operate safely with principle trading and stop loss prices.
Thank you.
1-BTCUSD
Bitcoin Bybit chart analysis October 30Hello
It's a Bitcoinguide.
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 will be a NASDAQ indicator announcement at 9:30 in a little while.
As the short-term pattern has been broken so far,
I think the bullish train today will stay for a while.
Overall, the strategy was carried out as a downward sideways movement,
and if you look closely, there is a bullish train that will depart after tomorrow hidden in the strategy.
*When the blue finger moves,
It is a short position strategy.
To be exact, it is a short->long switching strategy.
1. 71563.5 dollars long position entry section / stop loss price when purple support line is broken
(Since the rebound has already touched the 2-hour chart center line while writing the analysis,
there is a possibility that the rebound will not occur,
so do not aim for a long position, and check whether it reaches the current position of the pink resistance line or section 1 until 10:30 when the market opens,
and you can operate it focusing on short positions.)
2. 72073.5 dollars short position switching / stop loss price when orange resistance line is broken
(After chasing the current position, check whether the pink resistance line is broken,
and operate it as stop loss price when the final orange resistance line is broken)
3. 70283.5 dollars long position switching / stop loss price when green support line is broken
2, 3-hour chart MACD dead cross in progress
Because it touched the 2-hour chart center line of Bollinger Band
Today It is judged that a strong rise or surge is difficult.
In the current position,
In case of breaking through the pink resistance line, please take a short position at 1.
Please note that it may touch 71.5K at the bottom and continue to be pushed.
The movement within the orange resistance line / purple support line is a sideways movement.
In any case, if the green support line is not broken today,
There is a possibility that it will continue to rise.
Those who have been with us for a long time
Can you roughly see where the bullish train is?
Depending on today's movement, the final entry point tomorrow may change,
Please note and I hope you operate well in real time.
Up to this point, please use my analysis articles only for reference and use,
I hope you operate safely with principle trading and stop loss prices.
Thank you.
XAUUSD | BTCUSD | PRICE ACTION ANALYSIS | FOREX | 30 OCT | HINDIThanks for watching today's Forex and crypto market analysis!
In this video, I break down the latest price action movements for major Forex pairs, Bitcoin (BTC), and Gold. I focus purely on price action to help identify key levels and potential trade opportunities. If you enjoyed the content, please like, subscribe, and hit the notification bell for daily updates on the markets.
Bitcoin Bybit chart analysis October 29Hello
It's a Bitcoinguide.
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.
Here is the Bitcoin 30-minute chart.
Nasdaq indicators will be announced at 11 o'clock shortly.
Since the price of Gimp has risen a lot, the goal of breaking through 100 million has already been achieved,
but isn't the margin exchange important?
If Bitcoin goes up a little more, it will skyrocket,
but I had a lot of trouble today because of the entry point.
Well, if Nasdaq doesn't crash today,
Bit has slightly surpassed its all-time high,
so it's a double top, right? (Bearing condition)
First of all, today is not a sweeping condition, and the possibility of a crash is not high,
so we operated very aggressively.
If perfect doesn't come out today,
I will take a day off tomorrow to reflect.
*When the red finger moves,
it is a one-way long position strategy.
1. 70990.5 dollars long position entry section / cut-off price when purple support line breaks
2. Top section 1st target -> Good 2nd target -> Great 3rd target
If you just touch the 1st section at the top, 71694 dollars,
it is an overshooting position, a position where an upward trend is connected,
and if it reaches the Top section, it can be connected to Good right away,
but I tried to be perfect.
If the strategy succeeds and the Top or Good section target price is reached,
it would be good to use the last red finger 1st section as an additional long position entry section.
It is a strong upward condition until the purple parallel line support line is maintained.
Then, the long position entry point is section 2,
and the range is around 700 dollars, so I set the cut-off price short. If the rebound doesn't come out strongly in the 2nd section today,
Since the 3rd section below is roughly the 1+4 section,
I think it would be good to remember this place.
Today, I will leave it short and thick like a man and go in.
Up to this point,
Please use my analysis as a reference and only to the extent of use,
I hope you operate safely with the principle trading + stop loss price.
Thank you.
Bitcoin Bybit chart analysis October 25Hello
It's a Bitcoinguide.
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 a Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement
If you look at the captured image at the top,
The trend is coming out while I am writing the analysis.
In the upper left corner, the purple finger is 68,498 dollars
I proceeded with today's strategy from the final short of the top section yesterday.
*When the blue finger moves,
It is a short position
Long->short switching strategy.
1. 67,963.5 dollars, chase purchase entry section / cut-off price when the purple support line is broken
2. 69,069 dollars, short position switching / cut-off price when the red resistance line is broken
The reason for the chase purchase at 67.9K is that the entry point can be missed
The resistance line is open
On the other hand, I bet on the vertical decline of Tether dominance.
As a trading tip, a rebound from the 1-hour chart support line touch
Can be a condition that can shake things up big. (6-hour, 12-hour chart center line retouch)
Orange resistance line 1 section at the top / Green support line 3
Movement within the convergence section is sideways.
69069 dollars is the Bollinger Band 12-hour chart resistance line.
If the mid-term pattern is broken and the 12-hour chart support line -> resistance line is touched,
I judged that it can be restored to a normal pattern again.
If the strategy is successful,
Try to match the rebound section at the bottom during the weekend.
If you look at the chart carefully,
I left a hidden picture game with technical analysis. Haha
Please use my analysis up to this point as a reference only
I hope you operate safely with principle trading and stop loss prices.
You worked hard this week too.
Thank you.
Bitcoin Key Highlights : 🔰
🔷 Script Name : Bitcoin 🔥🔥
🔷 Script Symbol : CRYPTO:BTCUSD
Disclaimer : This is NOT Investment Advice. This Post is Meant for Learning Purposes Only. Invest Your Capital at Your Own Risk.
Happy Learning. Cheers!!
Shyorawat Arun Singh ❤️
(@Shyorawat_ArunSingh)
Founder : Shyorawat Capital
Bitcoin: BTCUSD bulls eye $68,700 resistance as key week beginsBitcoin's (BTCUSD) recent gains are under pressure as traders await important data this week, including the US Q3 GDP, Fed Inflation, and Nonfarm Payrolls (NFP). However, optimism about post-US election industry regulations and strong ETF inflows continue to support buyers.
BTCUSD braces for major upside
Although Bitcoin (BTCUSD) buyers take a breather, the prices remain above the key resistance-turned-support, and the oscillators are positive, too, suggesting the cryptocurrency pair’s further advances. That said, the quote’s sustained trading beyond the 100-SMA and month-old horizontal support join bullish MACD signals and an upbeat RSI (14) line, keeping the buyers hopeful.
Key technical levels to watch
Among the important technical levels, a one-week-old descending resistance line surrounding $68,700 gains immediate attention. Following that, the monthly high surrounding $69,490 and the $70,000 threshold will be in the spotlight. It should be noted that the BTCUSD pair’s successful trading beyond the $70,000 hurdle enables the buyers to aim for the yearly high of around $73,800.
Meanwhile, the 100-SMA and aforementioned horizontal support restrict the short-term downside of Bitcoin to around $66,600 and $66,100 respectively. In a case where the BTCUSD prices remain bearish past $66,100, an upward-sloping trend line from early September, close to $63,000 at the latest, will be the final defense of the buyers.
An interesting week for buyers
Despite positive technical and fundamental signals for Bitcoin buyers, key data and events could introduce volatility, leading to month-end consolidation. Bulls should stay cautious, as they are likely to maintain control of the market.
BTC's Epic Move! This BTC trade, which I shared with you on October 26, didn’t show much movement initially. But yesterday, BTC finally took off and has given over 1.4k+ points in profit so far! 🎯🔥
If you've booked your profits, that's awesome! 👏 Due to TradingView's new update, the post option wasn’t visible on mobile, so I couldn’t give you timely updates.
To everyone who took this trade, share your profits and let me know how you found this setup! Let’s see some epic comments! 🚀📈
Bitcoin Bybit chart analysis October 24Hello
It's a Bitcoinguide.
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.
Here is the Bitcoin 30-minute chart.
There is a Nasdaq index announcement at 9:30 and 11:00.
As I left in the comment on the analysis article on the 23rd a little while ago,
From yesterday's long->short->long switching position,
I moved the purple finger long position to $66,775.
Due to the Bollinger Band 12-hour chart support line touching alone,
(12+ not a daily pattern. The mid-term pattern is broken)
The daily chart MACD dead cross is holding it down.
Because there are many parts that are not good for an immediate upward trend,
There are too many branching points at the current position,
I thought about it a lot.
The result is the same strategy as yesterday.
I deleted all the ambiguous positions in the middle.
*When the blue finger moves
Bidirectional neutral
Short->Long->Short switching strategy
1. 67691.5 dollars short position entry section / Pink resistance line breakout or Top section touch stop loss price
2. 66835.5 dollars long position switching / Purple support line breakout
Or Bottom section touch stop loss price
3. 68498 dollars short position switching / Orange resistance line breakout stop loss price
Or Good section touch stop loss price
(Because there is an ambiguous support resistance price in the middle
The stop loss price goes clearly into two cases.)
If the strategy is ultimately successful,
I will aim for the long position switching position after tomorrow.
And currently, the MACD dead cross imprint on the daily chart is important. 1) Daily chart resistance line touch -> Ignore dead cross
2) Sideways dead cross imprint possibility
3) Downward and adjusted dead cross 100% imprint)
Even if it ends sideways today
If there is a rebound tomorrow, the daily chart MACD dead cross
It seems like it will be harassing until tomorrow
The most important part is
Ignoring the *pattern and Nasdaq's ignorant coupling
Or a normal mid-term pattern recovery (6+12 retouch or 12+ daily chart).
In my experience, since there were many couplings after the unique pattern of the beat was recovered
I think it will shake a lot today and tomorrow
So, each position should cut losses and fasten their seat belts.
Up to this point, I ask that you simply use my analysis for reference and use only.
I hope that you will operate safely with the 6 principles of trading and the cut-off price.
Thank you for participating and reading today.
BTC | GOLD | PRICE ACTION ANALYSIS | 24 OCT | HINDIThanks for watching today's Forex and crypto market analysis!
In this video, I break down the latest price action movements for major Forex pairs, Bitcoin (BTC), and Gold. I focus purely on price action to help identify key levels and potential trade opportunities. If you enjoyed the content, please like, subscribe, and hit the notification bell for daily updates on the markets.
Bitcoin Bybit chart analysis October 23Hello
It's a Bitcoinguide.
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.
Nasdaq indicators will be announced at 11 o'clock shortly.
In the analysis article on October 21, section 2,
After entering a long position at the purple finger 66406.5 dollars on the lower left,
I connected today's strategy.
The daily chart MACD dead cross pressure is being connected,
and there are too many variables because of the Nasdaq variable + sideways movement,
so I had a hard time making a strategy.
This is today's strategy.
*Blue finger movement path
Bidirectional neutral
Long -> Short switching strategy
1. 66,296 dollars long position entry section / stop loss price when purple support line is broken
2. 67,244 dollars short position switching / stop loss price when orange resistance line is broken
-If it falls immediately without a wave from the current position
Or if it hits section 1 at the top and falls
It may be pushed to Bottom -> Section 2 at the bottom.
Instead, if section 1 is touched and adjustment occurs
It may be a safe section at the 66.2K long position switching section.
-If it reaches 67,244 dollars after section 1 is broken at the top
Short position entry section
For those who are aiming for a short position today
It would be good to aim for a short position in both sections from section 1 at the top -> 67.2K.
If you succeed in long->short switching,
depending on the situation, you can use the first section as the final long position switching point.
Also, currently, ahead of the 100 million breakthrough,
the point where the rebound started is 58.9K in CPI,
and in terms of the drawing, there is no problem from the mid-term point to the current point.
Please pay attention to the movement of Nasdaq and the MACD dead cross imprint on the daily chart this week.
Up to this point, I ask that you simply refer to and use my analysis,
and I hope that you operate safely with principle trading and stop loss prices.
Thank you.
Bitcoin Bybit chart analysis October 21Hello
It's a Bitcoinguide.
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 no Nasdaq indicator announcement today.
Nasdaq is in a stronger downtrend than expected.
I was a little nervous while analyzing.
Bit is currently in the 1+4 section (a meaningful support line)
Tether Dominance is in a short-term uptrend
It was a place where I had a lot of concerns.
Nasdaq currently looks like it is either in a crash or a downward sideways movement.
Bit is a place where I am concerned about the 12-hour chart MACD dead cross
It seems that it will be applied importantly depending on the movement today.
Overall, I proceeded as safely as possible.
*When the blue finger moves,
Bidirectional neutral
Long->Short switching strategy
1. When the purple finger reaches $68,706.5 at the top
Start with a short position / Stop loss when the orange resistance line breaks through
2. Switch to a long position at $67,792.5 -> Check the lower tail of the long position until $67,512 in the first section / Stop loss when the blue support line breaks
3. Switch to a short position at $69,069 / Stop loss at the orange resistance line or proceed autonomously
As I roughly explained above,
In the case of an immediate decline from the current position and a downward wave after a downward wave, the position may change.
*Whether it is a purple finger short->long switching
or a long wait in the blue finger, section 1
You should carefully check the real-time movement.
It is a sideways market up to the orange resistance line / sky blue support line,
but if the orange resistance line is not broken today,
the 12-hour chart MACD dead cross pressure may be connected after tomorrow.
Depending on the movement of Nasdaq today,
if the sky blue support line is damaged or falls downward,
please pay attention to the Bottom -> 2 section at the bottom.
Up to this point, please use my analysis as a reference only,
and I hope you operate safely with the principle of loss cut price.
Thank you.
Bitcoin 1D Technical Analysis & Commentary - Bitcoin is currently trading at 66,855
- Bitcoin purged above 69,000$ for the first time after 3months
- Now let's talk about the Price Behaviour of Bitcoin, if you look at the daily chart of Bitcoin you see the Highs are making higher highs and the lows are also making higher lows
- Market Structure has so far remained bullish
- The market structure will shift to bearish once we see Bitcoin trading below 58,805 on a weekly timeframe
- I see a couple of Fair Value Gaps around 63,462,64,000$ and 60,771-61,806$
- Imo these FVGs can soon get filled and according to the data buyers carry a lot of interest around 65,000$
- So what does this unfold? Bitcoin can make a quick wick followed by a sudden dump consume all limit buys and liquidate all late longs post that show us an expansionary move by filling the gaps and making a new high this time.
- For Spot buyers you should be focusing on 61-65k that zone will be good to accumulate alts majors or any other coin you want
Bitcoin Bybit chart analysis October 18Hello
It's a Bitcoinguide.
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.
Here is the Bitcoin 30-minute chart.
There is no separate Nasdaq indicator announcement today.
It is continuing to move sideways in an upward direction,
and the MACD dead cross on the 6-hour chart has been released,
so it seems important to move until 9 o'clock soon.
At the bottom left,
Yesterday's 17th analysis article Long position entry section Purple finger 66942.5 dollars
I connected it to today's strategy as it is.
*One-way long position strategy when the red finger moves.
1. 67766.5 dollars Long position entry section / Stop loss price when the green support line is broken
I marked the 1st section (68.1K) with a purple finger at the top.
If you break through the first section right away, it is an upward trend.
If you touch and adjust down, 67.7K long position best.
If you adjust right away without touching the first section from the current position,
The final long wait is at the bottom at section 2 at 67,512 dollars.
2. 68,808.5 dollars long position 1st target price
After that, it seems advantageous to operate with a focus on long positions without operating a short position separately.
I have indicated the final target price from Good -> Great -> Miracle.
On the other hand, if the green support line breaks away today,
it may fall strongly,
but since it is a 1+4 section to the bottom, it will be an upward sideways correction,
and it may be pushed down to 3 -> 66,406.5 dollars by the weekend,
so please note.
In that case, it will take more time to reach 100 million this weekend or next week.
The most important thing is Nasdaq, right?
Up to this point, I ask that you simply use my analysis for reference and use only
I hope that you operate safely with principle trading and stop loss prices.
Thank you for your hard work this week.
Thank you.
Bitcoin: BTCUSD bulls struggle amid overbought RSI, $70,100 eyedOn Monday morning, Bitcoin (BTCUSD) experienced slight losses after reaching a three-month high. This movement highlights overbought RSI conditions, indicating weak upside momentum beneath the horizontal resistance area established since early June.
Buyers remain hopeful
Despite overbought RSI conditions and facing key resistance, Bitcoin (BTCUSD) buyers remain optimistic. The pair is holding above last week’s breakout from a descending resistance line, which is now acting as support around $67,700. Additionally, bullish MACD signals suggest strong buyer momentum.
Key technical levels to watch
The horizontal resistance around $70,100 is a key barrier for Bitcoin bulls. They should also monitor the $70,000 threshold and recent highs near $72,000 as additional hurdles. If BTCUSD breaks through, the yearly peak near $73,800 and the $75,000 mark will attract buyers' attention.
If Bitcoin (BTCUSD) breaks below the former support at around $67,700, it could trigger a short-term decline. Key levels to watch include the previous monthly high near $66,500 and the 200-SMA support around $63,300. If prices fall below $63,300, the next significant support is at $62,500. A move past that could lead to a drop towards the psychological level of $60,000 and potentially a monthly low of around $58,870.
Upside potential remains intact
Overall, Bitcoin (BTCUSD) buyers are likely to remain in control despite the challenges at key resistance. However, a price pullback is possible if the US Dollar strengthens from this week’s PMIs and Durable Goods Orders data.
Weekly Market Review & Outlook: Technical Analysis of BTC, GoldA comprehensive review of the past week's market performance, followed by a detailed technical analysis and outlook for Bitcoin, Gold, and major currency pairs. This video uses multi-timeframe support, resistance, and trendline analysis to predict potential price movements for the upcoming week.
Weekly Market Review & Outlook: Technical Analysis of BTC, GoldA comprehensive review of the past week's market performance, followed by a detailed technical analysis and outlook for Bitcoin, Gold, and major currency pairs. This video uses multi-timeframe support, resistance, and trendline analysis to predict potential price movements for the upcoming week.
Will BTC/USD Reach $89,000? Weekly Time Frame Breakout Analysis.Will BTC/USD reach $89,000? In this video, I analyze the recent breakout on the weekly time frame using pure price action.
I dive into key levels, patterns, and market momentum that could potentially push Bitcoin towards the $89,000 mark. If you're looking for a detailed breakdown of BTC's price action, this is the video for you.
Bitcoin Bybit chart analysis October 17
Hello
It's a Bitcoinguide.
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.
Nasdaq indicators will be released at 9:30 in a little while.
I wish it had held out a little longer until 9:00 when the additional 4-hour candles are created,
but it is being pushed down little by little.
In yesterday's analysis, the long position entry point is 66,942.5 dollars.
I just connected the purple finger strategy.
* Red finger.
It is a one-way long position strategy.
1. 66,406.5 dollars long position entry point / stop loss price when the green support line is broken
2. 67,977 dollars long position 1st target -> Top section 2nd target
If the rebound fails,
Since there is pressure from the 6-hour MACD dead cross,
You should be careful because adjustments can continue to occur.
It can be coupled with Nasdaq, so a crash should never occur.
Up to this point, I ask that you use my analysis as a reference only
I hope that you operate safely with principle trading and stop loss prices.
Thank you.