BTCUSD Chart Analysis October 5th .
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for October 5th .
At the top, this is a 4 hour chart created last week.
I deleted the messy mark.
From the left,
Without breaking the red support line,
Breaking through the green resistance line
-> Reaching the purple / sky blue resistance line,
At the bottom, it fell to the blue support line.
At the top and bottom, I marked it with purple arrows.
Maybe , Due to the Trump corona confirmed,
It seems to have declined with the NASDAQ in real time.
This is the main section of the day.
It's a day candle chart.
At the top,
the brown resistance line and the blue support line at the bottom,
Create triangular convergence section.
Middle, weekend gap difference / orange line
At the bottom, the pink line,
Today’s major rebound.
(Depending on the situation, the section in which the downtrend may continue)
Based on the above,
I made today's trading strategy,
Today's trading strategy.
It's a 30-minute chart, a neutral strategy.
Green resistance line and blue support line at the bottom
Please check the Triangle convergence section.
I have marked each major section.
Follow the blue path,
Brown support line, before and after Breakaway,
It seems that the direction will be decided.
1. On the top, on the red finger timing,
Short position, under the condition of not breaking the green resistance line.
Without deviating from the final, blue support line
It is long position switching.
2. Unlike the move path,
At the bottom of the vertical drop, in the purple finger section
Please pay attention.
The spot exchange,
Wait and do not break the blue support line at the bottom
As a condition, "Other altcoins" are operated.
If Break away , in the final purple finger section,
It is a major altcoin.
Good luck.
I will see you in the Nasdaq analysis in a moment.
Thank you.
Bitmex
BitcoinLow sales amid negative news from Bitmex- "Bucket shop" .
en.wikipedia.org(stock_market)
The fact of the news was known back at 1:00 PM UTC = as witness the walls of sell orders on the Binance exchange.
It is still problematic to swing buyers for the sale of coins. And 10,500 could be a stop for this sell idea.
There is still a support zone of 10,300, and sellers will apparently have even less strength there.
Now we will go test reisitance line of the yellow channel
Best regards EXCAVO
Bitcoin dump was expected?Now its werid to say if Bitmex has had anything to do with the price of bitcoin and let me give the reason in todays bitcoin TA.
News
-BitMex is getting served due to not complaining with AML/KYC of US customers. They stated their exchange will continue to run during the time being.
-Stimular Bill is suppose to get ann before the elections
TA
Now looking at the chart what do we see?
-RSI: Now as you see the RSI has two lines. One at 48.50 and one at 63.68. These I have notice if Bitcoin can hold aboe 48.50 we can suspect bullish movement, yet if we pass or hit 63.68 we will reject to the downside. Todays news happen to be at the 63.68 zone which resulted in downward movement. It's something that should be looked into futher and may help your leverage trading. Based off the RSI we can suspect a bounce back tonight hitting the target of 10643-10678 to regain control of the bullish movement.
-MACD is bearish, yet a crossover is being built.
-There is high buy volume, yet going onto tradinglite we can see theres more buyers even if the price drops buyers are buying up to 20-100+btc a candle stick
-EMAs are turning bearish, yet tbh this news might be a little oversold
Final thoughts
Remove most of your bitcoin on leverage exchanges for US due to the recent news cause "Not your keys, not your bitcoin" and you might be subject to losing all your money. Also I lean towards a bullish aspect on bitcoin in the short term and why I'll leverage a 50x at this level since the news is still being developed but also it looks oversold.
XBTUSD - Ranging after impulse moveVolatility is shit, waiting for some actions. Long/short volatility contracts looks better than playing with perps right now for me.
On the sidelines.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
BTCUSD Bitcoin Chart Analysis September 25th
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for September 25th .
This is a 30 minute chart created yesterday.
It was organized in real time.
In the purple section,
Movement came out according to the conditions.
It was a short -> long position switching strategy.
On the NASDAQ, as a strong rebound came out
Crude oil, gold, and bitcoin
There was an upward movement.
And , Based on the breakthrough of the red resistance line,
I recommended major altcoins.
From the entry point based on the brown trend line,
It is a maximum of $400 profit section.
Congratulations to all the profitable people.
Day candle chart.
I will summarize the main sections.
At the bottom of the MACD, TradingView graphically, need to figure out the exact position.
(MACD Dead Cross before and after)
At the top, the brown resistance line / at the bottom, based on the blue support line, the triangular convergence section.
And Based on the center orange line,
I have a trading strategy.
As indicated at the top,
The purple section can continue to rise again section.
Focusing on this part, I brought a trading strategy.
This is today's trading strategy.
30 minutes chart, neutral strategy.
At large, a light blue resistance line at the top and a red support line at the bottom. Please Check to the triangular convergence section.
Centered on the green support line at the bottom,
Blue Path / Long Position Strategy.
In case of departure, based on the red finger section / short position strategy You can see it.
Marked,
Section 1 at the high and 2 at the bottom
This is about the weekend variable.
1 -> for the red support line Touch.
to rise This is the best move.
If number 1 reaches first,
Next week, possible further upside.
If reach #2 first,
Next week, there may be some dangerous movements.
At the highest point,
the brown resistance line is mid-term trend line.
If you break through this section,
Please note that there may be an uptrend again.
It is a spot exchange.
Blue movement path, long position entry timing
Operate with major altcoins.
When the red finger moves,
Only in the red finger section at the bottom
You can operate it with other altcoins.
Nasdaq movement is important,
Watch closely. And Stop loss is Essential required.
I wish you a great weekend.
I'll see you in a moment, after writing the Nasdaq analysis.
Thank you.
#Bitcoin : Possible Bearish Setup.Just a general trading plan for Bitcoin.
There is a clear Single Candle Supply Zone we are resting on, if we lose the area and reject off it, its a pretty clear sell signal.
Look at 9200 area how price reacted from it on the chart. It may be a good area to watch.
See my bullish setup linked below for other perspective.
BTCUSD Bitcoin Chart Analysis September 22th
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for September 22th .
This is a 30 minute chart created yesterday.
30 minute resistance line on the left, top,
It was could not touch the main section.
And, in order, Break Away
from the orange support line -> risk line Strongly deviated.
After , There was a drop of up to $600.
Bollinger Band,
It was a move to the 6-hour resistance line / 6-hour support line.
Personally,
It was a long position strategy,
Because I expected sideways
Switching line at the bottom, Coudn't not display.
Next time, pay attention to this part
I'll see you with more informative information.
Today's main section, It's a Day candle chart.
Due to yesterday's decline, on the weekly candle chart,
MACD dead cross was engraved.
Also, the major support rebound at the bottom is,
The sky blue finger section is 9915 dollars.
(Week Candle Center Line / Day Candle Support Line / Parallel Line Support Line)
It is a seat that everyone knows.
For this part,
If you wait still, There is no entry position.
More specifically,
Orange danger zone / purple safety zone,
I brought today's trading strategy.
Today's trading strategy.
It's a 30-minute chart, a long position strategy.
Today, in terms of candle position
There is a high possibility of sideways movement and support.
So, at the entrance
It is advantageous to operate only the long position.
At the green resistance line and the orange support line,
Based on the triangle convergence section
Check your move path and entry position.
*The yellow box is a beginner's reserve.
Wait until the wave increases, but do not enter.
*The touch section at the top is the resistance line and breakthrough for 30 minutes.
* The purple section at the top is the maximum section of today's long position.
*If you deviate from the sky blue support line,
Not good.
Today's spot exchange.
First, on the red path,
Depending on the long position operating section, it is operated as a major altcoin /
Second, on the falling red finger movement path,
On condition that it does not deviate from the sky blue support line,
You can operate it with other altcoins.
Good luck.
Thank you.
BTCUSD Chart Analysis September 21th .
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for September 21th .
A 30-minute chart created last week.
It was a witch's day,
But , The sideway move ended.
After breaking through the sky blue resistance line, over shooting
At the maximum red support line, they supported.
There was a gap diference on the weekend,
Complete return in the morning,
The indicator balance also looks good without any problems.
today's trading strategy.
It's a day candle chart.
In the Week candle chart,
Unfortunately, the MACD dead cross was not engraved.
At the top,
Regarding the movement this week, I divided it into a day candle.
And , I marked the main section.
Based on the orange centerline,
It was divided into 1, 2 and 3.
In the case of 1, check how far it rises.
Take the long position trend.
When the orange line Breakaway,
From section 2 to section 3
Check if it reaches.
Short -> Long position switching strategy.
(Because the rebound last week was strong,
This week is a somewhat safe zone.)
Focusing on this part, I brought a trading strategy.
This is today's trading strategy.
It is a 30 minute chart, a long position strategy.
There is a possibility of sideway move to some extent.
I have marked the main section.
Orange centerline ,
Check the blue/red route.
Green resistance line, based on breakthrough
It seems that the direction of the day will be decided.
Largely, within the convergence section of the green resistance line / sky blue support line
It's a strategy.
On the spot exchange,
In case of blue movement path, mainly related to bitcoin
Operate the same.
Sideways or on the condition that you do not touch the red line
You can operate it with other altcoins.
Good luck.
Thank you.
September 21th BTCUSD Bitcoin Chart Analysis
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for September 21th .
A 30-minute chart created last week.
It was a witch's day,
But , The sideway move ended.
After breaking through the sky blue resistance line, over shooting
At the maximum red support line, they supported.
There was a gap diference on the weekend,
Complete return in the morning,
The indicator balance also looks good without any problems.
today's trading strategy.
It's a day candle chart.
In the Week candle chart,
Unfortunately, the MACD dead cross was not engraved.
At the top,
Regarding the movement this week, I divided it into a day candle.
And , I marked the main section.
Based on the orange centerline,
It was divided into 1, 2 and 3.
In the case of 1, check how far it rises.
Take the long position trend.
When the orange line Breakaway,
From section 2 to section 3
Check if it reaches.
Short -> Long position switching strategy.
(Because the rebound last week was strong,
This week is a somewhat safe zone.)
Focusing on this part, I brought a trading strategy.
This is today's trading strategy.
It is a 30 minute chart, a long position strategy.
There is a possibility of sideway move to some extent.
I have marked the main section.
Orange centerline ,
Check the blue/red route.
Green resistance line, based on breakthrough
It seems that the direction of the day will be decided.
Largely, within the convergence section of the green resistance line / sky blue support line
It's a strategy.
On the spot exchange,
In case of blue movement path, mainly related to bitcoin
Operate the same.
Sideways or on the condition that you do not touch the red line
You can operate it with other altcoins.
Good luck.
Thank you.