December 4 Bitcoin Bybit chart analysisDecember 4 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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Here is the Bitcoin 30-minute chart.
Today, there are three indicators announced at 10:45, 12:00, and 3:30 on Nasdaq.
In the final comment on December 3, I thought a lot about how to make today's strategy successful.
I tend to take responsibility without changing my perspective when I conduct my analysis.
After entering a short position at $96,317 with the purple finger on the left,
I linked today's analysis.
*One-way long position strategy when the red finger moves.
1. 96,317 dollars long position entry section / cut-off price when green support line is broken
2. Top section 98,148 dollars 1st target -> Gap8 2nd target
When 1st target price is reached, 1st section long position autonomous section
The orange resistance line and green support line convergence section that I have indicated
The movement within 1 and 2 is sideways.
Today's entry point is exactly the winning section, right?
If the green support line is broken,
It can be connected to the bottom right away.
The drawing was also done boldly.
The lowest 92,622 dollars
I think it will be a 12+ day section.
If it goes down today,
It seems that there is a higher possibility of additional decline rather than increase in terms of time.
If the final strategy is successful up to this point,
The movement will likely change from altcoin -> Bitcoin again.
Please use my analysis for reference only and to the extent that you can.
I hope you operate safely with the principle of trading and stop loss.
Thank you.