January 10 BTCUSD Bybit Chart Analysis

BYBIT:BTCUSD   Bitcoin / U.S. Dollar


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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 January 10.

This is the movement after writing the analysis on January 7th.

More details are in the comments.

The last rebound came out, but in the 0.01% win
It broke out of the sky blue support line I marked, and lost a short stop.

Breaking out of purple support line -> after support at red support line
The extreme sideway move has been completed

It even showed up to the final Gap reversion.

Let's check the full details.

4 hour chart

Today's approximate Top and Bottom prices are displayed.

The monthly chart deck is in progress,
and the biggest point of view is likely to be the 12-hour chart MACD Golden Cross.

Before and after breaking the purple support line

Check the red upward and sky blue downward movement paths

If the support line is broken at the bottom,
There may be a downtrend, so be careful.

Based on the above, we created today's trading strategy

30 minute chart neutral strategy

Some parallel line colors have been changed to fit the overall strategy.

If the green support line breaks today, there is no answer.

Orange bird parallel line to the right and to the right
It's wide open from the bottom, so be careful.

(Check the main support lines shown on the 4-hour chart)

This is a sideways analysis, not a trend market analysis.
It seems to matter where the first wave bounces up or down.

Because Extreme sideways , generally attempt Reverse-trading.

From the current position, I have been operating only from the long position.
From the departure and damage of the green support line, it seems advantageous to operate a short position.

Recently, the reason for the sideway move ,
I think it's because of the effect of the MACD dead cross on the monthly chart.

If there is no big trend this month, long and short bi-directional, short-term trading + spot exchanges seem to be advantageous for altcoin circulation pumping.

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

At the bottom, when the light blue finger moves, pay attention to the green parallel support line and the resistance line.

Based on the current 30-minute chart, it has been changed from thin positive to negative.
One big drop was prevented, but the positive luck was maintained thinly on the 1-hour chart.
Since it is the entire 30-minute center line touch, it is a condition for a strong decline in the event of a rebound failure.

Because the pattern has not been broken yet
I put my weight on the sidewalk.

* When the red arrow moves

This is a long -> short -> long switching strategy.

From the first wave, the red resistance line is touched and then the correction is made.

1) $41849.5 long position entry section / Stop loss price when deviating from the green support line

2) $43412 short position entry section / Stop loss when the purple resistance line is broken

3) 41544.5 long position switching section / Stop loss when the green support line is broken

After that, it seems to be about waiting after the stop loss correction or liquidation from the target value until the target target.

There are so many branching points that it is difficult to explain.
Beginners will find it helpful to read it several times.

Please remember that the stop loss is short and only the reverse trade.

Today's strategy ends here.

This is a personal delusion, so please bear with me.

Principle trading / Stop loss required

I hope you trade safely.

thank you

Trade closed: stop reached: Hello

Bitcoin guide

Recently We are currently broadcasting live, very difficult

We will try our best to adapt as soon as possible.

This is a move after the final finish on January 10th.

I marked the main sections with black fingers.

To briefly summarize the main sections,

1) Keep the ichmoku Red Cloude thin on the 1 hour chart
Can't touch the center line of the BB, the downward wave progresses and Red Cloude -> strong Decline Blue Cloude connection

2) The shape of the ball van 6-hour support line was good.
From the sky blue support line to the orange support line, it has been pushed back.
Because it is a candle that is created every 6 hours,
A strong rebound to the red resistance line

long , short / Two-way killing

Even if there was a short stop loss as I aimed for yesterday
With the thought that the missing part is not mine, yesterday is not the only day
You can proceed today with a fresh new mind.

thank you.

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