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 November 30.
This is the movement after writing the analysis on the 29th.
Started by breaking the first sky blue resistance line
Yesterday was within the orange support/red resistance level. side way move has been completed
It was a $1020 profit section from the first short entry. After failing to break through the red resistance line The orange support line has been reached.
Because there is MACD dead cross pressure on the Weekly chart There is also a Gap section at the bottom. For the time being, it seems advantageous to operate a short position at a high point.
More details will be discussed in the analysis section.
4 hour chart
I'm keeping it ichimoku Red cloud thin.
Remember last week's drop to the bottom?
Today's approximate top price / bottom price
As much as possible, I put the weight on the Gap section of the green support line. I'll take a closer look at what's going on.
It was before the MACD dead cross was engraved on the main bar chart.
Potential for up and down pranks or rocking movements Since it is high, I would recommend that you stop focusing on short-term trading.
Check the red up trend /light blue down trend movement path
I made today's trading strategy
Because a reversal Tuesday could cause a strong decline
To be alert, this is a short position strategy.
This is a 30-minute chart one-way strategy.
To be precise, it is a short -> long switching strategy.
I put weight on the return of the gap section.
Sideways may appear depending on the situation, so please pay attention to the main support line.
Today, when the blue resistance line is broken / the red support line is broken All strategies are canceled
* When the light blue finger moves
Short -> Long -> Short Switching Strategy
1) $56017 short position entry section / Stop loss when breaking the orange resistance line
2) $53114 long position switching / Stop loss when the red support line is broken
3) $58324 long position target and short position switching section / Stop loss when breaking through the red resistance line
Because the support line is open at the bottom of the 4-hour chart I did not fit into the gap, and decided that it would push up to the red support line, so I came up with a strategy.
If it holds up well within the purple support line There is a possibility of a rebound by touching the gap section within the green support line. Please note
Principle trading / Stop loss is essential, I hope you operate safely.
thank you
Order cancelled
Hello
We will check the movement after writing the analysis on November 30th.
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