October 6th BTCUSD Bybit Chart Analysis
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for October 6th .
This is a 30 minute chart created yesterday.
From the left, blue finger section,
It broke through the green resistance line upward.
It was an upward-right sideway move.
It flowed similarly to the NASDAQ movement.
Today Day chart.
This is the main section of the day.
This week, I will summarize the overall movement.
There are resistance lines 1 and 2.
Last week, due to a concomitant decline with the NASDAQ,
Currently, it is a danger zone.
Short-term resistance line #1
Up to the 2nd mid-term resistance line
Completely break through,
It becomes a safety zone,
Before breaking through section 1 and 2,
Each , Strong adjustment may occur.
For this part, I brought a trading strategy.
This is today's trading strategy.
It's a 30-minute chart.
Today is a new version tried it.
Dear Investors, I hope it helps.
If you have anything need, let us know in the comments.
First, I deleted the complicated, moving path.
In the daily movement,
It has been summarized as briefly as possible.
* Convergence section of red resistance line and green support line.
*Orange center line check.
To rise strongly, can't touch.
*In the yellow box,
First break through No 1 or Touch No 2 , in case of departure
Please refer to the blue and red paths respectively.
* Top and bottom, long position, short position
The trailing stop section has been set.
(In both directions, if this section cannot be reached, it is sideways move Finish)
*At the bottom of the first, check the weekend gap.
The spot exchange,
In case of blue movement path, major altcoin / bitcoin related coin.
In the red path,
At the bottom, in the red finger section
Other altcoins.
Thank you.
