November 12 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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This is the Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today
There is a very high possibility of sideways movement.
After reaching the short-term target price yesterday
Depending on the situation today, additional adjustments may continue to be connected after tomorrow.
*When the blue finger moves
Long->Short switching
This is a short position strategy.
1. 85,692 dollars long position entry section / cut-off price when the green support line is broken
When the green support line touches the 2nd section
This is where the short-term pattern breaks, and there is also the possibility of additional adjustments
And when the previous high is broken, it is also a whipsaw condition.
2. 92407.5 dollars short position switching / stop loss price autonomous
(Since it is currently a section that cannot be drawn,
try drawing it according to the newly created resistance line.)
The purple finger 88.7K at the top
is a strong downward section today,
and up to the 1st section touch is a sideways market.
From the bottom, it becomes the 1+4 section,
but since it is the second arrival, the adjustment may continue to be long.
Up to this point, I ask that you simply refer to and use my analysis
and I hope that you operate safely with principle trading and stop loss price.
Thank you.
