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BitCoinGuide
Nov 10, 2022 11:02 AM

November10 Bitcoin Bybit chart analysis Long

BTCUSD Perpetual ContractBybit

Description




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Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.

I will begin BTCUSD Bybit Bitcoin Chart Analysis for November 10.





Bitcoin 4 hour chart.
Today's approximate Top and Bottom prices are displayed.

around the green support line
Check the red up/light blue down movement path

In the case of the Nasdaq, it has touched the 3-hour support level.
In case of bad news from CPI
It's important to keep moving upwards.

If it fails to rebound and goes sideways
It is necessary to make an upward wave without departing from the main section.

If the rebound fails, Bitcoin is more likely to go down to the bottom.
Please note.


I made today's trading strategy.





This is a 30-minute chart one-way long position strategy.

If you look closely,

Long -> short -> long switching strategy.
You've created a strategy that's reckless, even nonsensical.

Currently, all sections are open except for the green support line.

Because it is on the downtrend by touching the Bollinger Bands support line on the main chart.
This is the lowest point of the week if kept, and a spot where further declines can occur if broken.

I bet on the green support line
The trend also went up and down, much stronger.

I decided that the support line could be stopped at the green support line only after a rebound like this.

When the green support line is broken, pay attention to the bottom section.
In case of damage or departure late in the morning

Please note that there may be a continuous drop from tomorrow onwards.

Nasdaq downtrend

Bitcoin is open below the next support line in the order of around $10000 -> $7594.


Beginners who want to operate long positions on the margin of the spot exchange

We strongly recommend that you open your mouth at the bottom or operate it after tomorrow.



* When the red arrow moves

Long -> Short -> Long Switching Strategy


1. $16248.5 long position entry section / Stop loss when leaving the green support line

2. 19472.5 USD short position switching / Stop loss when the red resistance line is broken
(Check if the orange resistance line is broken. If the breakout fails, the green support line or the previous low may be broken.)

3. $16493.5 long position switching / Stop loss when the green support line is broken
Even if it is damaged, it would be good to see the shape of the Bollinger Bands and try to win the final rebound.


Today's strategy is to shake up and down rather than for good news.
I want you to think of it as a wave.

Since the results in CPI were good, I thought about it for a long time today and came up with a strategy.

Nasdaq movement is the most important,
Keep an eye out for Nasdaq.


My analysis is for reference only.

Principle trading / Stop loss is essential, I hope that you operate safely.


Stay alive and see you tomorrow morning.


Thanks for reading.


Trade closed: target reached



This is the movement after writing the Nasdaq analysis article.
I marked the main sections with black fingers.

Vertical rise occurs without wave as CPI good news comes out
It succeeded in rebounding near the blue and blue resistance line indicated above.

12 hour daily chart MACD Golden Cross engraved

The main bone chart goal is in progress.

Just before the end of the season, there was a cool rebound.

Major shipping companies, including the Nasdaq, also succeeded in rebounding.
Let's look at it as a whole.



This is the movement after writing the Bitcoin analysis article.
I marked the main sections with black fingers.

The green support line was the last remaining uptrend line.
Fortunately, I succeeded in the right-of-way.

At the time of writing the analysis,
I was worried about the adjustment and damage in progress.
Fortunately, there was a rebound like the Nasdaq,

After entering, I succeeded in raising the price to less than $2000.
I touched the orange resistance line, so the strategy was completed until the 1st target
unfavorable treatment.

The wave is smaller than expected
It ended with an uptrend.

Let's take a look at the Nasdaq movement as a whole.


thank you
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