BTCUSD Bitcoin Chart Analysis September 16th







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I will begin BTCUSD Bybit Bitcoin Chart Analysis for September 16th .




snapshot






At the top is a 30-minute chart created yesterday.


With real-time updates, I arranged the main Point.


Short position on the purple arrow section shown at the top.
(Reach the 1st orange long position profit segment)

At the bottom, long position in the purple arrow section.


After that, it ended sideway move.


Congratulations to those who are profitable.




snapshot




Day candle chart.

In the medium term,
At the Week candle, the MACD deadcross is waiting.

And , Today's main section, I marked it.


This week, the blue sky blue section at the top

Before and after the touch, the direction seems to be determined.


Focusing on this part, I brought a trading strategy.





snapshot




This is today's trading strategy.


30 minutes chart, neutral strategy.


I marked each major section.

Today expect a sideways movement.


Pay attention to the movement within the blue box.


To summarize the main contents,

1. Maximum long position profit segment / red resistance line at the top

2. Touching the orange support line can be dangerous.

3. Check if the brown resistance line is breakThrough.


The spot exchange,


Long position finger section / blue box at the bottom
On the condition of not leaving,

Blue path

Other altcoins operation.



Brown resistance line -> Violet resistance line Breakthrough

Bitcoin-related stock (major altcoin)


Recommend ,
Short-term operation Trading.



Good Luck.






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