December5 Bitcoin Bybit chart analysis

Updated

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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 December 5.

Bitcoin 4 hour chart.

Today's approximate top price and bottom price are displayed

centered around the purple support line
Red upward / sky blue downward movement path check

The gap section at the bottom is 17016 dollars.

I created today's trading strategy.

The 30-minute chart is a light blue finger one-way neutral strategy.

The Bitcoin situation is very favorable for long positions,
Under various conditions, the Nasdaq is likely to move sideways.

Just like Brazil today
I think it will be an uphill battle for Bitcoin as well.
I bet on the Gap retracement section at the bottom and the indicator announcement at 12:00.

I think there will be some controversy

I checked the area pushing up to the light blue support line.
Please note

*In light blue finger movement path

Short -> Long Switching Strategy

1. Short position at $17282.5 / stop loss when orange resistance line is broken

2. $17019.5 long position switching / stop loss when breaking the light blue support line

$17518 long position target

If you succeed in your strategy today, get good vibes
With a 2% win rate expected by gamblers
I hope that Korea can beat Brazil.

My analysis is for reference only.

Please operate safely as principle trading / stop loss is essential.

Korea soccer fighting! Quarterfinals Kazuah~

Thanks for reading.

Trade active

On December 5th, after writing the Nasdaq analysis, it is a movement.
The major sections were marked with a black finger.

After the downward touch, break away from the green support line -> to the blue support line
end after fall

Apparently, while touching the 6 + 12 center line I explained
It looks like the pattern is broken.

4 hours support + 12 hours center line touch
In the state where the intermediate pattern is broken,

12-Hour Chart MACD Dead Cross Engraving -> I'm pressing up to the Daily Chart.

*I couldn't break through for a long time
Breaking the black resistance line at the top / centering on further downtrend

Let's take a look at what kind of movement will come out.

After writing the bitcoin analysis article, it's a movement
The main sections were marked with a black finger.

After entering the $17284.5 short position shown
$ 17019.5 Long switching section / Gap retracement completed ->
After damage near the light blue support line, sideways finish

As it is coupled with Nasdaq,
Unfortunately, the last rebound was not strong.

The strategy is active processing up to long switching after some exploitation

2% chance of winning brazilian football yesterday
5% chance of perfectly succeeding strategy from short to long switching

I bet on a total of 7%, but
Unfortunately, the defeat against Brazil, the strategy was only half successful.

Everyone has been through a lot

focus on the chart
See you soon in the analysis article.

thank you

BitCoinGuide

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