BitCoinGuide

November 19 BTCUSD Bybit Chart Analysis

Short
BitCoinGuide Updated   
BYBIT:BTCUSD   None







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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 19.






This is the move after the private comment on the 18th

More details are in the comments.


Yesterday it continued to go down

I believe the marked $58756 , 3-hour support line + daily major support line
In the final match, there was a long wait

After touching the support line, after a fake rebound, detour,
Complete departure from the green support line

As the downside opened, it broke away from the purple support line.

You have reached the bottom section marked


As stated in the initial strategy, it broke the green support line.
It's a strategic failure.







4 hour chart

Major support lines are broken
Support line damage and rebound are not good

As the bottom opens, there is currently no proper support line.
Realistically, we decided to proceed with a strategy for the downtrend.

Those who operate spot exchanges and long positions

Don't try too hard to trade short-term.
Spot exchanges are waiting for cash / Margin trading is to increase the number of coins
I think you should focus on

And waiting for Real Rebounds

Real Rebounds is based on the Bollinger Bands 4-hour chart.
See the blue resistance line at the top?

I'm talking about a rebound that rises up to there in a short period of time.

It's probably around 62000 bucks.

Other than that, you think that all rebounds are fake rebounds.
Those who are maintaining a long position according to today's movement
It's better to wait after escaping.

Rather than trying to forcefully
take your time

Can you see the phonological thickness and the ballvan center line?
The point at which the phoneme becomes thinner based on the 4-hour chart
And, until the point where the ballvan center line becomes horizontally flat
It is better to wait comfortably

Please note

Approximate Top Price / Bottom Price of the Day
I have indicated

red top / sky blue bottom

If it breaks strongly to the orange resistance level today
It would be nice if it reached the sky blue resistance line.
(Long wait at the return row)
In terms of wave, flow, and pattern, the possibility seems low.

Failure to break through the green resistance line -> Breaking the orange support line
You will reach the bottom section today

For those who hit short, I think you should focus on short positions.
Rather than trend trading, it is a good section to make profits in both long and short terms in the short term.



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








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

Because it is a short position strategy.
Smiley or dislike, facial expression position has changed


* When the light blue finger moves

1) $56155.5 long position entry section / Stop loss price when breaking the orange support line

2) $58137 short position entry section / Stop loss when breaking the red resistance line


After that, if the lower orange support line is further damaged and the rebound is unsuccessful,
(If you support it, you will end up with a lateral guarantee)


3) Final $51742.5 long position switching section / Stop loss when breaking out of the deep blue support line


As described above today
It is a strategy focused on short positions.



In the future, there will be no further comments and no further progress will be made.


This time, I was forced to participate in the competition.
I was too busy giving information in real-time analysis.

It seems like I'm overloaded because I'm running and operating by myself.

Take a break for a while and recover your condition.
I want to prepare stock information, real-time broadcasting, and educational materials that I couldn't.


That's why I ask for your understanding even if the analysis posts only occasionally.



Don't forget to buy in principle / stop loss is essential

You've worked hard this week too.


Thanks for reading


Trade closed: target reached:




After entering the long position at $56155.5
Achieving the $2031 profit zone up to the red resistance line!

Breaking through the red resistance line,
Short position switching failure.


After that, after breaking through the red resistance line -> I reached the final top section.


More details can be found in the analysis article.

thank you.

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