BitCoinGuide

September 21th BTCUSD Bitcoin Chart Analysis

Long
BYBIT:BTCUSD   None



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I will begin BTCUSD Bybit Bitcoin Chart Analysis for September 21th .





A 30-minute chart created last week.

It was a witch's day,
But , The sideway move ended.

After breaking through the sky blue resistance line, over shooting

At the maximum red support line, they supported.


There was a gap diference on the weekend,
Complete return in the morning,

The indicator balance also looks good without any problems.








today's trading strategy.

It's a day candle chart.


In the Week candle chart,
Unfortunately, the MACD dead cross was not engraved.

At the top,
Regarding the movement this week, I divided it into a day candle.



And , I marked the main section.

Based on the orange centerline,

It was divided into 1, 2 and 3.


In the case of 1, check how far it rises.
Take the long position trend.


When the orange line Breakaway,

From section 2 to section 3
Check if it reaches.

Short -> Long position switching strategy.

(Because the rebound last week was strong,
This week is a somewhat safe zone.)


Focusing on this part, I brought a trading strategy.








This is today's trading strategy.

It is a 30 minute chart, a long position strategy.


There is a possibility of sideway move to some extent.


I have marked the main section.


Orange centerline ,

Check the blue/red route.


Green resistance line, based on breakthrough
It seems that the direction of the day will be decided.


Largely, within the convergence section of the green resistance line / sky blue support line
It's a strategy.


On the spot exchange,

In case of blue movement path, mainly related to bitcoin
Operate the same.

Sideways or on the condition that you do not touch the red line
You can operate it with other altcoins.


Good luck.



Thank you.



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