January 6 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 January 6.

This is the movement after writing the analysis on January 5th.




I marked the main sections with black fingers.

in private comments
Because we expected an upward rebound without correction
It ended after a break from the orange support line in the long position.

In yesterday's analysis, there were no risk factors.
There was a strong decline in the morning, creating a down wave.


Click the replay button
It was similar until the green support line rebounded in the middle.
After that, it creates a downward wave and is a strong decline.

Because it broke the final green support line
Long position strategy failure and stop loss processing

Below the green support line, in addition to the Bottom price,
Because there was no support line, I don't know if the followers managed it well without any loss.

Fortunately, those who follow the rules and make profits from short-switching are also welcome.
It seems that there were many, but beginners are the problem.



After the analysis, make a downward wave in the morning
There was a fall in textbooks.

For those of you who have studied the charts in the meantime, I'll leave you with a review and trading tips.

*Ichimoku Red cloude Make a thin, short place to eat
* Without touching the center line of the ballvan, it made a strong downward wave and then plunged.

I wish I had watched it in the morning
Unfortunately I couldn't afford to do that yesterday.

Dead Cross was engraved on the monthly chart,
I'll take a look at the whole

4 hour chart

Today's approximate top price, bottom price

It looks a little messy because there are so many lines.
If you look closely,
There is a pink overshoot section

You have to go through this section step by step.
You can check the support line, so please refer to it.


A new short-term bottom section has been created

Just because the downtrend is strong, doesn't it mean that it's unconditionally short?


around the purple support line

Check the red up/light blue down movement path


I made today's trading strategy.

30 minute chart neutral strategy

The current position is highly likely to move sideways,
A strong downtrend

In general, while retesting the bottom section,
I think it would be good to see it as a section that rebounds or crosses.


do you all know that,
Today, I will finish by briefly explaining the main sections.


*If the red support line is broken today, the orange parallel line is followed by a downward trend.
Or it can be connected to the bottom section

Personally, like yesterday, there is no place to eat short.
Even if it goes down, I think there should be a fake rebound.

Pink overshooting section 1 , 2

It would be good to watch how it breaks through the orange resistance line.


thank you

Order cancelled:

Hello

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

Yesterday ended with a sideways without a wave in the middle.

Ballvan 30-minute chart within support and resistance
It was extreme sideway move.

So far no major decline ,
Within the purple parallel line I marked
It broke the pink resistance level 1 and the orange resistance level.

Let's take a closer look at the details

I will cancel the transaction.


thank you