October 30th BTCUSD Chart Analysis
Updated
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for October 30th .
At the top is a 30-minute chart maked yesterday.
Because it did not reach section 1,
There was a stronger downward wave than expected.
Finally, without break away the sky blue support line,
There was a rebound in the purple finger range.
After that, didn't reach the purple safety zone
It was finished in the small arrow section.
Congratulations to the profitable people.
Bitcoin Cash,
Due to the Bitcoin downtrend,
For other altcoins, a good move came out.
It was a little disappointing.
Month candle chart.
October has two days left until today.
Before the additional November candles are created,
If you break through the purple section,
Strong adjustment,
If it breaks through next month,
Over and over, it can rise strongly.
There is no me on the weekends, so please refer to it.
12 hour chart.
The support resistance line and the convergence section are created in brown.
Due to the characteristics of the Bollinger band,
Today , If do not reach the purple section,
At the current position, adjustment occurs based on the orange line.
Focusing on this part,
I brought a trading strategy.
This is a 30-minute chart.
It's a long position strategy.
I have marked each major section.
Red parallel line support / resistance move
Afterwards, the direction is determined.
*In the blue box,
With sections No 1 and No 2,
I prepared for a small wave.
*If reach section No 1 first,
Strong bullish trend.
*Can not reach section No 1,
First, when you reach section No 2,
If you don’t reach the red support line
The uptrend remains.
Also, when breaking through the purple section,
There may be strong adjustments unconditionally,
(whipsaw)
Please be careful. (Red Arrow note)
In each, finger section, arrow section
Long position, short position entry timing / entry line
I marked it with a light blue line.
The spot exchange,
According to the timing of entering the long position
equally ,
You can operate it with "Bitcoin Cash".
Except for Bitcoin Cash,
I can't see any coins to uptrend.
Upon reaching the red support line,
Other altcoins and,
You can operate the same with major altcoins.
Weekend bonus.
Today is the red support line,
If the sky blue support line deviates,
According to the green support line
It may continue to decline.
Have a nice weekend everyone.
I'll see you in the NASDAQ analysis in a moment.
Note
whipsaw
*비트코인가이드 공식텔레그램 Telegram
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*바이비트 Bybit 20%DC+$5,020
bit.ly/3iBwXCd
*제로마켓 ZeroMarket ECN계좌 40%DC (해외선물,FX)
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t.me/BTG_Group
*빙엑스 BingX 50%DC+$5,000 (청산때,1회수수료)
bit.ly/3E8ZkAW
*바이비트 Bybit 20%DC+$5,020
bit.ly/3iBwXCd
*제로마켓 ZeroMarket ECN계좌 40%DC (해외선물,FX)
bit.ly/3pY0dUv
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