October 10 Bitcoin Bybit chart analysis

Hello

It's a Bitcoin guide.

It's been a while.

Bad things have been happening lately
I'm going through a very difficult time.

Thank you for waiting

Bitcoin 30-minute chart.

It's difficult because it's been a while since I've done an analysis.
There were no special indicators announced and a long position strategy was introduced based on the pattern.

*Arrow movement path

One-way long position strategy

1. $27655 long position entry area / stop loss when breaking out of the purple support line

2. $29061.5 1st target -> Top section 2nd target

In the last long position target section
I think it would be a good idea to hold a stop loss and even try switching short positions.

Please note that my analysis is merely for reference.

I hope you operate safely with principled trading/stop loss required.

thank you

Trade closed: stop reached

Hello
it's a Bitcoin guide.

I will check the movement after writing the analysis on October 10th.

Bitcoin 30-minute chart.

Arrow movement path after entering long position at $27,655
Breaking out of the purple support line -> until reaching the green support line

It ended in a downward trend.

The strategy was a stop loss.

Currently, the MACD deadcross on the daily chart is depressed.
There will be a CPI indicator announcement tomorrow at 9:30.

In the case of Nasdaq, it ended comfortably as a sideways upward trend.

The charts show tension in real time.
I have to keep reading the flow in my head.

I'm trying to catch up again.

The boring sideways movement continues.

I will explain more details in the afternoon analysis article.

thank you

BitCoinGuide

*비트코인가이드 공식텔레그램 Telegram
t.me/BTG_Group

*빙엑스 BingX 50%DC+$5,000 (총1회수수료)
bingx.com/invite/YBM3A4

*바이비트 Bybit 20%DC+$5,020
partner.bybit.com/b/Bitcoin_Guide

*제로마켓 ZeroMarket ECN계좌 40%DC (해외선물,FX)
bit.ly/3pY0dUv

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

BitCoinGuide

Also on: