November 11 Bitcoin Bybit chart analysisNovember 11 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
No Nasdaq indicators announced today
A small double top is in progress.
The adjustment is coming out for a long time
But I am not as scared as I thought.
What I need to watch out for now is a sweep or a double top.
There is no major reason for a decline yet, so I will follow the trend.
*When the red finger moves
Long position strategy
1. 81358.5 dollars long position entry section / cut loss price when the green support line is broken
2. 83322 dollars top section 1st target -> Good 2nd target
If the strategy is successful,
Additional long position autonomous section on the right side of the daily closing candle
Check if it breaks through the pink and orange resistance lines
The 2nd section at the bottom
is the final long position entry section under the condition that the pattern is maintained
If this section is broken
The low point on the weekly chart candle is broken
So it would be best to maintain it, right?
From bottom to 3rd is 1+4 section,
but this section is also the second touch,
so it is best to succeed in rebounding within section 2.
Up to this point, my analysis is just for reference
and I hope you operate safely with principle trading and stop loss price.
Thank you.
