BitCoinGuide

December 6 Bitcoin Bybit chart analysis

Long
BitCoinGuide Updated   
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There is an indicator announcement today at 10:30.

Unlike yesterday, this is a section where a downward trend line is drawn.

In the case of tether dominance
I touched the support line on the monthly chart that I was concerned about,
This is a position where a strong rebound is possible.

Anyone can see that the beat will be adjusted, but
Bitcoin is preferred over Tether dominance.

MACD deadcross was engraved on the 2-hour chart.
It is a place where the upward trend can be directly connected.
I will not be defeated in the battle of momentum.

I will set a short stop loss and proceed with a catch-up purchase strategy.


*Red finger movement path

Long position strategy

1. Chase buy at $43801.5 / stop loss when the green support line is broken

2. $46,410 long position primary target -> Great section secondary target


Currently, a 5-minute trend reversal is in progress.
If you can't upload it all at once,
It may be related to coordination.

Nasdaq is adjusting
A rebound today will increase the chances of your strategy succeeding.

If it fails to break through the previous high point and moves sideways
Suddenly falling down
Please note that it can be connected to the light blue support line at the bottom.

If that happens, it will flow similarly to yesterday's perspective.


Please keep in mind that my analysis up to this point is merely for reference.

Please refer to the support resistance line.
I hope you operate safely in your long/short positions.



6 principles of trading / Don’t forget to stop loss

Fighting today too

thank you
Trade active:
Hello
it's a Bitcoin guide.

I will check the movement after writing the analysis on December 6th.


This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.

Sky blue finger 45910.1 After long entry,
After touching the gap section indicated at the top

Purple support line -> breaking away from the light blue support line
It was directly connected to the downward wave.


I'm playing around in the main section ahead of the peak rise.
We will have to look at it thoroughly as a whole.



This is a movement after writing a Bitcoin analysis article.
Major sections are marked with black fingers.

After entering the red finger $43801.5 long position
After breaking through the pink resistance line, the extreme sideways trading ended.

The green support line was damaged as it moved sideways.
Because there was no major support line touched

The strategy is active processing.

The MACD deadcross pressure on the 4-hour chart continues.


Because the 30+1 pattern is still maintained.
After a while, until an additional 4-hour bar is created at 1:00
If you maintain your current position

There is a possibility of further rise.

If it breaks away, it may fall to near the light blue support line at the bottom.
Please be careful.

As Nasdaq falls and beats move sideways
The long-awaited alt season has arrived.

Solana remains to be seen, but there was an increase of up to 10%.

Long live altcoins that will remain tax-exempt until next year’s Special Financial Transactions Act!

From today, we will be with you with eagle eyes.


thank you
Trade active:
You were very surprised, right?
Bitcoin is finally adjustment.





The lifeline I left you at lunch before the movement started.
Let’s check the magic support line.

Lifeline purple support line -> green -> light blue

Among the short position management methods that I explained recently,
The best short position has emerged.



This is the current situation.

Touch the $42885 indicated at the bottom
strong rebound

It's shaking up and down for a little less than 2000 dollars.

Following the Nasdaq decline, it appears that Bit was also affected.

I will summarize it in today's analysis later.


thank you

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