December 8 Bitcoin Bybit chart analysis

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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 December 8.

Bitcoin 4 hour chart.

Today's approximate Top Price and Bottom Price are displayed.

centered around the purple support line

Red upward / sky blue downward movement path check


I created today's trading strategy.

The 30-minute chart arrow path is a one-way long position strategy.

In the case of Nasdaq,
Because it is a rebound after touching the support line on the daily Bollinger Band chart yesterday.
There may be minimal rebound.

Golden crosses are also under way for major MACDs.

The indicator announcement at 10:30 is a variable.
It's not an important indicator, so it doesn't look like it's going to trend in the end.

Today, especially, it is more difficult to analyze recently because it is more horizontal.

The Nasdaq should rebound as much as possible this week
Bitcoin can expect up to 30K until next week's CPI and interest rate announcement.



# Small convergence section Purple support line / Pink support line In the convergence section

#Orange resistance line / green support line to the sideways section


In case of today's beat, if it goes down to the Bottom
Please note that it can be linked up to the 12 + day pattern.
Currently, the 12-hour Bollinger Band support line is rising.

Please pay attention to the Nasdaq movement.



*At the red arrow path

long position strategy

1. Entry into long position at $16822 / stop loss when breaking the green support line

$17039.5 long position target

Because there is little variation between
I reached the green support line, which was losing money, with plenty of time.


In the case of a right-down sidewalk, a light blue finger is displayed at the bottom.
Since the downside is open from below the green support line to near the Bottom
It would be nice if you could refer to it.


A minimal rebound on the NASDAQ today
After tomorrow, I couldn't break through
If you succeed in rebounding to near the black resistance line,

Because this month is not long
Result of analysis with technical indicators

Bitcoin has a target of up to 30K
If the sidewalk is long, it is thought to be a goal of about 24K.



My analysis is for reference only.

I hope you operate safely with principle trading / stop loss essential.


thank you.

Trade closed: target reached:

After writing the analysis on December 8th, this is the Nasdaq movement.
The major sections were marked with a black finger.

Violet support line and orange resistance line
Rightward sidewalk finish

Ignore the announcement,
Target section 4 hours Center line / Reached all areas of resistance line touch.

Need to work hard this week
When the indicators are announced next week, you can adjust to the worst conditions
Bitcoin can also expect up to 30K.

After touching the support line on the Bollinger Band daily chart,
There was minimal rebound

It would be nice to take a closer look from today.

After writing the bitcoin analysis article, it's a movement.
The major sections were marked with a black finger.


strategically
The green arrow indicated
16820.5 $ Pursuit long position entry begins

In real time from yesterday's video,
I even confirmed that it creates an upward wave.

After touching the green support line (light blue finger area)
Coupling with Nasdaq

Breaking the Top, it rose to $17295.

There is little variation these days,
This kind of movement is only about 635 dollars.

The strategy is exploitation.

The signal is engraved with 4 + 12 MACD Golden Cross.



From today, next week's CPI and interest rate announcements are important.

I will run hard towards the final 30K goal.


I'll see you in a minute.


thank you