December 7 BTCUSD 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 7.

This is the move after the final finish on December 6th.

More details are in the comments.

According to the blue finger movement path

*$49476.5 short / $2072 profit section
* $47515 long position switching / $3453.5 profit section

A total of $5500 was achieved.

Because the wave was weaker than expected
As one beat is pushed back, it is proceeding according to the indicated trend.

Congratulations to all who made a profit

More details will be discussed in the analysis section.

4 hour chart

Today's approximate Top and Bottom prices are displayed.

The pattern is still alive.

The red support line is the life line.

The bottom section of the green support line at the bottom

It is the safest support line that can be displayed at the current location.

When break away , the pink parallel line double bottom / below the sky blue support line
There is a major rebound.

It's not my personal favorite place, just a reference.


Check the red upward and sky blue downward movement paths

I made today's trading strategy.

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


The blue finger is insurance.

If today breaks the red support line, all strategies will fail.


I'm on a sideway move , but it seems to matter whether I hit the top first or the bottom first.


Basically, you have to be patient to be successful in investing.

please remember


* When the red arrow moves

Short -> Long -> Short Switching Strategy

Because the overall decline is strong
You can put a stop loss on the short position and hang it as an option.


1) $51814 short position entry section / Pink overshooting section Stop loss when breaking the resistance line

2) $50141.5 long position switching section / Stop loss when the red support line is broken


The final target is $55003, but use the tracking stop loss function from the gap section.
I think it would be better to judge after the long position.


See you in the final comment when moving the light blue finger.




Principle trading / Stop loss is essential, and operate safely.


See you in the video for more details.

thank you

Order cancelled:

extreme sideway move.