Bitcoin Bybit chart analysis December 19 Hello
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This is Bitcoin's 30-minute chart.
In a little while, at 10:30 and 12:00, there will be a Nasdaq indicator announcement.
As I explained,
Nasdaq and Bitcoin both reached the center line of the Bollinger Band daily chart,
but Nasdaq is recovering the 12+ daily pattern,
and Bitcoin has touched the center line of the daily chart alone, so the mid-term pattern is broken.
Even if it succeeds in bouncing back from the current position,
it is a problem,
but today, at least in Nasdaq, there is a higher possibility of a sideways movement rather than a plunge,
so we proceeded with trend following.
*Red finger movement path
One-way long position strategy
1. 101796.5 dollars long position entry section / When the green support line is broken
or when section 2 is touched, stop loss price
2. 104828.5 dollars long position 1st target -> Good 2nd -> Great 3rd
If the strategy is successful, the daily chart ends. The 1st section of the red finger is
a long position re-entry attempt and stop loss price autonomous section.
Today, the 15-minute Bollinger Band center line
has not been touched even once, so the strategy is to play at 5+15 or even 15+30 even if it is pushed.
With a strong upward condition, the success rate is approximately less than 5%.
From the 1-hour chart center line touch,
it can be dangerous because it is open downward, right?
Also, I marked the purple finger at the top.
In order to succeed in today's strategy,
you must first touch 102.7K to increase the probability,
and the long position switching position can change from the 1st section touch consecutively.
If the adjustment comes out immediately without touching the purple finger at the current position,
a long position entry position can come out once within the purple support line near the center line of the 30-minute chart,
and it becomes a dangerous section from the 2nd section touch.
You can see the movement within the convergence section of the orange resistance line of the 1st section and the sky blue support line of the 2nd section at the top as a sideways market.
I drew a gray rising trend line in the 3rd section,
and if it doesn't deviate from this section depending on the movement this week,
it can continue to rise.
If the 3rd section touches today, it seems like it will be a double bottom condition,
but I don't recommend it. Bottom is the place where the 12+ daily pattern can be restored, but if a strong rebound does not occur, the candle may deviate from the center line of the daily chart, so additional declines may occur.
Up to this point, I ask that you simply use my analysis for reference and use,
and I hope that you operate safely with principle trading and stop loss prices.
Thank you.
Gann
EURUSD Next possible move SAXO:EURUSD
Here’s a detailed description for today’s bearish outlook in EUR/USD:
### **Title**
*"EUR/USD Intraday Analysis: Bearish Sentiment Prevails | Dollar Demand Rises"*
#### **Market Context**
*"EUR/USD faces renewed selling pressure as the U.S. dollar strengthens amid risk-off sentiment. Market participants remain cautious ahead of key U.S. economic data releases, further weighing on the pair."*
#### **Technical Analysis**
*"Today's sell view is supported by these bearish signals:
- **Trend Structure**: Continuation of lower highs and lower lows confirms the downtrend.
- **EMA Dynamics**: Price remains below the 20 and 50 EMAs, signaling persistent selling pressure.
- **RSI**: Dropping toward 40, indicating increased bearish momentum.
- **MACD**: Negative histogram bars are expanding, reinforcing downside bias.
Key Levels:
- **Support**: 1.0530 (immediate target), 1.0500 (psychological level).
- **Resistance**: 1.0560 (intraday), 1.0585 (key level). A move above 1.0585 would challenge the bearish outlook."*
#### **News Context**
*"Upcoming: U.S. ISM Services PMI could fuel volatility later today.
Previous: Hawkish Fed commentary and strong U.S. data supported dollar strength, pressuring EUR/USD."*
#### **Call to Action**
*"Will EUR/USD extend its bearish trend and test lower support levels? Share your insights and trade ideas below!"*
---
Let me know if any adjustments are needed!
Bitcoin Bybit chart analysis December 18Hello
It's a Bitcoinguide.
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Above is the 30-minute Tether Dominance chart.
Roughly, it should proceed as the blue finger moves,
and the beat should move in the opposite direction, right?
If I explain it, it may take all night,
so please refer only to the drawing section and major price ranges.
This is the Bitcoin 30-minute chart.
The FOMC US interest rate announcement is at 4 a.m.
Since the no-questions-asked decline yesterday,
the mid-term pattern has also been broken, so there have been a lot of turning points.
The strategy is going to be one-way,
but I don't know how to explain the mid-term turning point.
The secret section at the bottom is the Gap8 section,
and when I draw it, it seems impossible if it doesn't fall right away from the current position.
To summarize,
*The blue finger movement path is a two-way neutral
short->long switching strategy.
1. $106,394 short position entry section / red resistance line breakthrough or top section
touching is the stop loss price
2. $104,310.5 long position switching / stop loss price when the green support line is broken
After the final long position switching,
I don't know how it will move. Long target price is Top and I'd like to talk again tomorrow.
The purple support line drawn from the current position basically has to be maintained for the strategy to succeed, so please watch closely.
Orange resistance line breakthrough -> Purple support line must be damaged or separated.
... It's hard to explain.
Also, the movement within the convergence section of the orange resistance line in section 1 and the green support line in section 2 marked above and below is a sideways movement.
If it falls right from the current position or falls after section 1,
the section 2 at the bottom becomes the final long position entry section.
(section 1 is the first short position entry section of today)
section 3 is the support line of the 4-hour Bollinger Band.
It's around section 4+6 where the mid-term pattern is restored.
It becomes today's major support line,
and the bottom section is the center line of the 12-hour Bollinger Band chart.
Overall, if only the green support line is maintained,
it would be best for a long position.
I marked a thin gray line below the bottom,
which is a mid-term trend line.
Since the low point continues to rise,
if this position is not broken,
the uptrend can continue.
Up to this point, please use my analysis as a reference and only
I hope you operate safely with principle trading and stop loss prices.
Thank you.
EURUSD Next possible move SAXO:EURUSD
Here’s a detailed description for today’s bearish outlook in EUR/USD:
---
### **Title**
*"EUR/USD Intraday Analysis: Sell Momentum Develops | Dollar Strength Resumes"*
#### **Market Context**
*"EUR/USD shifts lower as the U.S. dollar regains strength amid cautious market sentiment. Concerns over Eurozone growth and upcoming U.S. data weigh on the pair."*
#### **Technical Analysis**
*"Today's sell momentum is supported by bearish signals:
- **Trend Structure**: Lower highs and lower lows suggest a developing downtrend.
- **EMA Dynamics**: Price has dropped below the 20 EMA and is approaching the 50 EMA, indicating weakening bullish momentum.
- **RSI**: Declining below 50, showing increased selling pressure.
- **MACD**: Negative histogram bars are widening, confirming bearish sentiment.
Key Levels:
- **Support**: 1.0540 (intraday), 1.0510 (critical zone).
- **Resistance**: 1.0580 (initial barrier), 1.0600 (key resistance). A move above 1.0600 could invalidate the sell bias."*
#### **News Context**
*"Upcoming: U.S. ISM Services PMI and Eurozone Retail Sales could drive intraday moves.
Previous: Strong U.S. data and hawkish Fed comments boosted the dollar, pressuring EUR/USD lower."*
#### **Call to Action**
*"Will EUR/USD extend its bearish move, or will bulls regain control? Share your analysis and strategies below!"*
---
Let me know if you'd like to refine this description further!
EURUSD Next possible move SAXO:EURUSD
Here’s a detailed description for today’s bearish outlook in EUR/USD:
---
### **Title**
*"EUR/USD Intraday Analysis: Sell Momentum Develops | Dollar Strength Resumes"*
#### **Market Context**
*"EUR/USD shifts lower as the U.S. dollar regains strength amid cautious market sentiment. Concerns over Eurozone growth and upcoming U.S. data weigh on the pair."*
#### **Technical Analysis**
*"Today's sell momentum is supported by bearish signals:
- **Trend Structure**: Lower highs and lower lows suggest a developing downtrend.
- **EMA Dynamics**: Price has dropped below the 20 EMA and is approaching the 50 EMA, indicating weakening bullish momentum.
- **RSI**: Declining below 50, showing increased selling pressure.
- **MACD**: Negative histogram bars are widening, confirming bearish sentiment.
Key Levels:
- **Support**: 1.0540 (intraday), 1.0510 (critical zone).
- **Resistance**: 1.0580 (initial barrier), 1.0600 (key resistance). A move above 1.0600 could invalidate the sell bias."*
#### **News Context**
*"Upcoming: U.S. ISM Services PMI and Eurozone Retail Sales could drive intraday moves.
Previous: Strong U.S. data and hawkish Fed comments boosted the dollar, pressuring EUR/USD lower."*
#### **Call to Action**
*"Will EUR/USD extend its bearish move, or will bulls regain control? Share your analysis and strategies below!"*
---
Let me know if you'd like to refine this description further!
Bitcoin Bybit chart analysis December 17Hello
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 indicator will be announced at 10:30 in a little while.
Today, I made a strategy through a very fair vote.
If the strategy fails, there is a possibility of sideways movement and additional adjustments after tomorrow, so
please note.
Today, I will start the strategy for a 5% probability vertical rise.
*When the red finger moves
Long position strategy
1. 106,891 dollars long position entry section / When the purple support line is broken
or when section 1 is touched, stop loss price
2. 108,784.5 dollars long position 1st target -> Good 2nd -> Great 3rd
107,843.5 dollars in the middle
is a textbook-like autonomous long position section
If the purple parallel line support line is maintained until the daily candle is created
Is it valid?
Also, rather than proceeding aggressively today,
all patterns were restored after the report was updated,
and since the 15-minute Bollinger Band support line has not been touched even once,
we tried to enter the rising pattern and decided the game.
On the other hand, there is a possibility of a vertical decline in Tether Dominance.
From the touch of the 1st section at the bottom,
the short-term pattern is broken, and there is a possibility of additional adjustment after tomorrow,
so if the strategy succeeds within the purple parallel line support line today,
it is definitely good.
The 2nd section at the very bottom
is the 1+4 section,
so if the strategy fails today,
keep it open until 2.
As explained in the video,
when Bitcoin is in an upward trend, it will go together with the major altcoins,
and after the adjustment, there is a high possibility of a cyclical pumping from the minor altcoins in the rebound.
Since you have been spreading it hard, it is time to reap it now, right?
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 principle of trading and cut-off price.
Thank you for reading.
EURUSD Next possible move SAXO:EURUSD
Here’s a detailed description for today’s bullish outlook in EUR/USD:
### **Title**
*"EUR/USD Intraday Analysis: Continued Buy Entry | Bulls Target Higher Levels"*
#### **Market Context**
*"EUR/USD sustains its bullish momentum as the U.S. dollar weakens on dovish Fed expectations. Positive sentiment around Eurozone economic resilience supports the pair’s upward movement."*
#### **Technical Analysis**
*"Key indicators favor a buy entry today:
- **Trend Structure**: Higher highs and higher lows confirm the ongoing bullish trend.
- **EMA Dynamics**: Price remains above the 20 and 50 EMAs, reinforcing buying momentum.
- **RSI**: Holding above 60, signaling sustained bullish strength.
- **MACD**: Positive histogram bars continue to expand, affirming upward pressure.
Key Levels:
- **Support**: 1.0570 (intraday), 1.0540 (key zone).
- **Resistance**: 1.0600 (immediate target), 1.0630 (critical level). A breakout above 1.0630 could accelerate gains."*
#### **News Context**
*"Upcoming: Eurozone GDP data and U.S. ISM Services PMI may add volatility.
Previous: Eurozone’s stronger-than-expected data and a weaker dollar fueled EUR/USD gains."*
#### **Call to Action**
*"Will EUR/USD extend its bullish run and challenge higher resistance levels? Share your thoughts and trade setups below!"*
Trading will BREAK YOUR BACK more than you can IMAGINETrading Will Break You Before You Master It: A Trader's Journey
Trading in financial markets can be one of the most rewarding yet humbling pursuits one can embark on. Beginners often enter the arena with dreams of quick riches and freedom, but they soon discover that trading is a brutal teacher. Before you "get the knack of it," trading will break your back—financially, emotionally, and psychologically.
Here’s why that happens, and how you can turn the pain into progress:
---
The Painful Reality of Trading
1. Emotional Turmoil
Trading is more than analyzing charts or following strategies. It’s a test of your emotional resilience. The markets are unpredictable, and every trader faces losses. Fear, greed, and frustration often overpower logic, leading to impulsive decisions and repeated mistakes.
2. Financial Losses
Even the most experienced traders lose money. For beginners, losses can be especially devastating because they often lack risk management skills. The pain of watching your hard-earned capital disappear is a reality every trader must face.
3. Overconfidence and Humility
Success in early trades can foster overconfidence, which leads to riskier behavior and eventually to significant losses. Markets have a way of humbling even the most confident traders, forcing them to rethink their approach.
---
Why Persistence is Key
The difference between successful traders and those who quit lies in how they respond to setbacks. Every loss is a lesson, and every mistake offers an opportunity to refine your strategy.
1. Building Resilience
Trading is a long-term game. Emotional resilience comes from understanding that losses are part of the process. Developing a mindset focused on improvement, rather than perfection, is crucial.
2. Learning Through Failure
Each failure teaches a valuable lesson. Perhaps you risked too much on a single trade or ignored a key indicator. Analyze every loss with a critical eye and adjust your strategy accordingly.
3. The Power of Discipline
Successful trading requires discipline—following your strategy, managing risk, and knowing when to exit a trade. This discipline doesn’t come naturally; it’s forged through repeated experiences, both good and bad.
---
Tips to "Get the Knack of It"
1. Start Small
Begin with small positions to minimize risk. This allows you to learn without the pressure of significant financial losses.
2. Focus on Education
Study the markets, technical analysis, and trading psychology. Books, courses, and mentorship can accelerate your learning curve.
3. Keep a Trading Journal
Document every trade—why you entered, your strategy, and the outcome. Reviewing this journal helps you identify patterns in your behaviour and performance.
4. Develop a Risk Management Plan
Never risk more than you can afford to lose. Use stop-loss orders and position sizing to protect your capital.
5. Practice Patience
The markets are always there. Avoid the temptation to chase trades. Wait for setups that align with your strategy.
Conclusion
Trading will break you before it makes you. The journey is riddled with failures, but each one brings you closer to mastery. By embracing the process, learning from mistakes, and maintaining discipline, you can transform setbacks into stepping stones.
Remember, trading is not about winning every trade; it’s about being consistent over the long term. Success comes to those who endure the grind, adapt to challenges, and persist despite the pain
EURUSD Next possible move Title
*"EUR/USD Intraday Analysis: Buy Momentum Extends | Euro Bulls in Command"*
#### **Market Context**
*"EUR/USD continues its upward momentum as the U.S. dollar remains subdued amid easing Fed rate hike fears. Positive Eurozone sentiment adds further support to the pair’s bullish tone."*
#### **Technical Analysis**
*"Today’s buy entry is justified by the following signals:
- **Trend Structure**: The pair maintains higher highs and higher lows, solidifying its bullish trend.
- **EMA Dynamics**: Prices are trading firmly above the 20 and 50 EMAs, reflecting continued bullish momentum.
- **RSI**: Rising above 60, signaling strong buying pressure.
- **MACD**: Positive histogram bars are expanding, confirming sustained bullish strength.
Key Levels:
- **Support**: 1.0560 (intraday), 1.0530 (key support).
- **Resistance**: 1.0590 (initial target), 1.0620 (critical level). A break above 1.0620 could fuel additional gains."*
#### **News Context**
*"Upcoming: Eurozone Retail Sales data and U.S. ISM Services PMI could influence intraday moves.
Previous: Friday’s Eurozone data outperformed expectations, while dovish Fed commentary kept the dollar on the back foot."*
#### **Call to Action**
*"Will EUR/USD maintain its bullish momentum and target higher levels? Share your strategies and market insights below!"*
$MANTA Breakout Alert: Perfect Retest Signals Big Gains Ahead OMXHEX:MANTA Breakout Alert: Perfect Retest Signals Big Gains Ahead 🚀
Perfect dip entry executed below $1.
After breaking above $0.91, the price retested the $0.90 level—a strong bullish confirmation.
➡️ Entry Zone: $0.85–$0.95 ✅
➡️ Targets: $2 / $5 / $10 🔜
The retest at $0.90 signals strength, aligning with technical breakout patterns.
Of Course NFA 🕺
(Spicy) Bitcoin Bybit chart analysis December 12Hello
It's a Bitcoinguide.
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You can receive comment notifications on real-time travel routes and major sections.
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Above is the Nasdaq 30-minute chart.
There will be an indicator announcement at 10:30 shortly.
*Red finger long position strategy.
The Nasdaq has touched the 30-minute resistance line,
but the 2-hour chart MACD dead cross is in progress,
so I judge that a vertical rise is difficult.
Since it is breaking out of the 30+1 section,
the short-term pattern is breaking a little bit,
but I followed the trend for a strong rise.
As a risk factor,
there is a possibility of being swept away if the orange resistance line above No. 1 is broken, so you should be careful.
Also, since there was no reversal after the vertical rise in CPI yesterday,
an adjustment may come right away, so please take note.
If we just maintain the green support line today,
and move sideways, Bitcoin will be free.
This is the 30-minute Tether Dominance chart.
Since the downward trend is open due to yesterday's movement,
and Bitcoin is in an upward trend,
I tried to enter the short position operation method in reverse.
If it fails to break through the pink resistance line,
it will be a vertical decline,
but if you look at the candle shape on the left,
since a full candle is in place,
the short position entry point is at 3.96%
It is roughly the 30-minute resistance line + the 1-hour chart resistance line.
Since the topmost point is a textbook-like position for a 3.99% short position,
if it fails to break through the red resistance line today,
it seems very likely to fall.
This is the Bitcoin 30-minute chart.
Nasdaq is renewing its all-time high,
but Bitcoin has not yet broken through its all-time high.
Therefore, the possibility of a sweep condition seems low,
and based on the Nasdaq strategy and the Tether Dominance short position entry point,
we proceeded with the strategy with a strong upward condition.
For reference, Bitcoin also touched the center line of the 1-hour Bollinger Band chart alone, so the short-term pattern is broken,
and the 2-hour MACD dead cross pressure is in progress,
so the vertical rise looks low.
Today, the 1+4 section looks dangerous,
and the match was decided at the middle point, the 30-minute support + 1-hour support line of the Bollinger Band pattern.
*Red finger movement path
One-way long position strategy
1. $99780.5 long position entry section / When the green support line is broken
Or when section 2 is touched, stop loss price
2. $103,718 long position 1st target -> Good 2nd target price
If the strategy is successful, section 1 is the long position operation section.
Since it can rise without adjustment,
It seems advantageous to re-enter the long position without operating a short position.
The stop loss price is
The green parallel line support line at the bottom -> sky blue autonomous depending on the remaining drawing.
Since there was no resistance line touch on the 30-minute chart today,
You should be careful because it can end as a slight adjustment or sideways movement in section 1 at the top.
The orange resistance line at the top and the sky blue support line at the bottom
are sideways movement sections.
Section 2 is a textbook short position <-> BIT can be a long position entry point compared to Tether Dominance, which moves in the opposite direction.
If the green support line is maintained today,
it seems that there will be no problem in the upward trend,
and I have drawn the support line and checked the price from below Section 2.
And, I have been giving you a hint recently.
I explained that you don't need to worry too much about BIT movement.
I wonder if you had fun with minor altcoins in the Bitcoin rebound yesterday.
Depending on the movement today,
the sideways movement may continue,
so it would be good to aim for minor altcoins at the same time
until the red resistance line top section is broken -> the new high price is updated.
This was a very spicy hellfire analysis article.
I don't know if you liked it.
I am a person who does it if I have to. The quality can be adjusted as much as I can within my capabilities, so
Please refer to it,
and please use my analysis articles only for reference and use,
and I hope you operate safely with the principle of trading and stop loss.
Thank you always.
EURUSD Next possible move SAXO:EURUSD
Here’s a detailed description for today’s bullish outlook in EUR/USD:
---
### **Title**
*"EUR/USD Intraday Analysis: Continued Buy Momentum | Euro Bulls in Control"*
#### **Market Context**
*"EUR/USD sustains its upward trajectory as improved risk sentiment and a softer U.S. dollar favor the bulls. Eurozone economic resilience adds to the pair's bid tone."*
#### **Technical Analysis**
*"Today’s buy entry is supported by the following factors:
- **Trend Structure**: Higher highs and higher lows confirm the ongoing uptrend.
- **EMA Dynamics**: Price remains above the 20 and 50 EMAs, signaling strong bullish momentum.
- **RSI**: Holding above 55, pointing to sustained buying interest.
- **MACD**: Positive histogram bars are widening, affirming the bullish bias.
Key Levels:
- **Support**: 1.0540 (intraday), 1.0510 (key support zone).
- **Resistance**: 1.0580 (initial target), 1.0600 (psychological barrier). A breakout above 1.0600 could accelerate gains."*
#### **News Context**
*"Upcoming: Eurozone Retail Sales and U.S. Services PMI may drive intraday volatility.
Previous: A weaker U.S. dollar on dovish Fed commentary and robust Eurozone data lifted EUR/USD."*
#### **Call to Action**
*"Can EUR/USD maintain its bullish momentum and challenge higher resistance levels? Share your insights and setups below!"*
---
Let me know if you’d like any modifications or additional details!
DOW JONES INDUSTRIAL AVERAGE INDEX GANN VIEW 06 DEC 2024DJIA Index has moved up from third higher low of nearly 38400 levels around Aug 05, 2024. We saw consolidation around later part of Apr 2024 and first week of May 2024 near the levels of 37400 which was important level. Intermitent low came around May 2024 end in between these two levels. We completed one price cycle at the level of 43200 in mid Oct 2024. Pullback was arrested around 41400 ( 41647.30 atcual low Nov 04, 2024 ) which was above the two tops of 41376 on July 18, 2024 and 41585.21 on Aug 30, 2024. The index needs to sustain above the level of 45000 for further growth. Current swing low of 42938.87 was on Nov 19, 2024. Timewise Dec 18, 2024 needs to be watched and Pricewise we need to watch 45000 level. Above this level we we open for next target of 46800 and 48000.
Happy Trading !!!
N.B. Not a financial advice to buy or sell.With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
Bitcoin Bybit chart analysis December 10 Hello
It's a Bitcoinguide.
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You can receive comment notifications on real-time travel routes and major sections.
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Bitcoin 30-minute chart.
No Nasdaq indicators announced today.
I created a strategy based on the Nasdaq pattern and Tether dominance vertical decline conditions.
*When the blue finger moves,
It is a two-way neutral
Long->Short->Long switching strategy.
1. Pursuit purchase at $97,533 / Stop loss price when the green support line breaks
2. Target price in the order of $100,201.5 long position 1st target -> Top -> Good
The final return section is
Autonomous long position switching according to real-time movement
Please note that the 12-hour chart MACD dead cross pressure on Nasdaq is the key.
Ignore Nasdaq and follow the trend strategy.
If the 2nd section breaks out today,
It looks good to wait long at the bottom,
The pink resistance line of the 1st section at the top / green support line, the 2nd section
Convergence section is a sideways market.
The Good at the top, the Bottom section at the bottom
Moves within a small box.
It looks like the direction will come out from the breakout or breakout.
If the strategy is successful, it would be good to aim for minor altcoins that have not yet been pumped.
Up to this point, please just refer to and use my analysis
I hope you operate safely with principle trading and stop loss prices.
Thank you.
Bitcoin Bybit chart analysis December 9Hello
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 index announcement today.
There are many branching points in small waves,
so I think it would be good to pay close attention.
I proceeded as safely as possible.
*Red finger movement path
Long position strategy
1. 97,065 dollars long position entry section / cut-off price when green support line is broken
2. 100,213.5 dollars long position 1st target -> Top -> Good -> Great
Target price in that order.
If the strategy is successful,
Long position autonomous operation section in the 1st section of the daily closing price
If it does not come down from the current position to the long position entry point
and only touches the 2nd section of the purple parallel line support line and rebounds
A strong rise may occur.
The pink resistance line at the top, purple finger 99,008.5 dollars
is a vertical decline section in a downward wave. It is a position that must be broken through unconditionally, and
The orange resistance line 1st section is / within the green support line convergence section,
and the movement is sideways.
If the bottom section is broken today in the sky blue support line section,
it may break out of the mid-term box zone,
so there may be additional declines after tomorrow.
It would be best for a long position if it does not go down to the gray support line -> 3rd section, right?
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 December 6 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.
Bitcoin 30-minute chart.
Nasdaq indicators will be announced at 10:30 in a little while.
It is currently in the 12 + daily pattern section.
It touched the upper side first,
and the 6-hour chart MACD dead cross pressure is in progress.
*Blue finger
Two-way neutral
Long->Short->Long switching strategy.
1. 97,065 dollars long position entry section / When the purple support line is completely broken
or when the 2nd section is touched, stop loss price
2. 101,511.5 dollars long position 1st target -> Top 2nd -> Good 3rd target
The 1st section at the top
is a short position entry point, but there is also a possibility of a breakthrough,
and since the 6-hour chart MACD dead cross is in progress on the Nasdaq,
I started with a safe long wait.
(Proceed from short->long->short->long to long->short->long.)
If the strategy is successful, the first section is the section to re-enter the long position.
I think you can trade autonomously.
The orange resistance line 1 / green support line 2 convergence section is a sideways market
From the bottom to 89.1K
It is a major rebound section until today. (Bollinger Band daily chart support line)
If you drag up and down,
You can check the major sections and prices.
Please use my analysis up to this point as a reference only
I hope you operate safely with principle trading and stop loss prices.
Thank you for your hard work this week.
Bitcoin Bybit chart analysis December 5 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 a 30-minute Bitcoin chart.
The analysis is late, so the Nasdaq index is released and the US market is open.
I was worried a lot because I might miss the entry point.
I'll keep it simple.
*Red finger movement path
Long position strategy
1. $102,665 long position entry section / When the green support line is broken
or when section 2 is touched, stop loss
2. ToP section at the top $106,338.5 1st target -> Good 2nd target
If the strategy is successful,
section 1 at the top is a long position re-entry autonomous section.
The movement is sideways within the orange and green convergence sections of sections 1 and 2.
Today, the Bollinger Band 15-minute chart did not touch the support line even once,
so I operated it as aggressively and safely as possible. Since the 1-hour chart MACD dead cross is in progress,
It seems advantageous to operate after the imprint is completed,
And today, if you just maintain the sky blue support line, there shouldn't be any problems.
Up to this point, I ask that you simply use my analysis for reference and use,
And I hope that you operate safely with principle trading and stop loss prices.
Thank you for your hard work until late at night.
Thank you.