Long

November 120 Bitcoin Bybit chart analysis

Updated

Hello
It's a Bitcoinguide.

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Please would like one booster button at the bottom.

Here is the Bitcoin 30-minute chart.

There is no Nasdaq indicator announcement today.

I created a strategy with the Nasdaq rise, minimum sideways condition, and
Tether dominance vertical decline condition.

*One-way long position strategy when the red finger moves

1. Pursue purchase at $93,353 / Stop loss price when the green support line breaks

2. $95,367.5 Good section 1st target price -> Great 2nd target price

While analyzing, one more candle was created,
but there is no big difference and the perspective is the same, so I will go with it.

Depending on the situation today, the final
long position push section is section 1, and the stop loss price is the same,
Good section autonomous short -> Top autonomous long
operation section, so I think it would be good to use it.

Up to this point, please just refer to and use my analysis,

and I hope you operate safely with principle trading and stop loss price.

Thank you.

Trade closed: target reached

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on November 20th.

This is the Nasdaq 30-minute chart.
I marked the main sections with black fingers.

Blue fingers
In the long->short->long switching strategy,
I maintained the short position operation section of the existing 30-minute chart resistance line,
and then a vertical decline occurred.

After dropping to the bottom indicated below,
I returned to the original position.

The orange resistance line / deep blue support line drawn
It was a sideways market within the convergence section.

It is continuing to move sideways in the 12+-day section,
but since the candle is located below the center line based on the 12-hour Bollinger Band candle,

an additional decline could be dangerous.

I will explain the details together in the analysis article.

This is a 30-minute Bitcoin chart.

The main sections are marked with black fingers.

In the red finger long position strategy,
After the $93,353 chase purchase,

Consecutive perfects came out from Top -> Good -> Great -> Mirecle,

as marked above.

The strategy was taken profit.

Thankfully, Nasdaq did not plunge yesterday,

and maintained a sideways movement.

I was afraid I would miss the entry point, so I went boldly, but I was lucky.

The next target price is around $98,836.5,
and since all the major resistance lines have been broken,
I think I will have to draw the entire thing again.

Today, the participation rate is low, so I will proceed privately,
so please understand.

I hope you will make good use of the altcoin pick-up when moving sideways in the middle.

Thank you.

BitCoinGuide

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