December 4th. XBTUSD chart analysis

Dec 4, 2019

Hello.

“Make it simple and make profit”
It’s BitcoinGuide.

Today I also carefully brought you another trading strategy.

If my analysis is helpful, please don’t hesitate to “Follow” me and press “Likes”.

Now let me begin XBTUSD Bitmex chart analysis for December 4th







This is 30M chart for yesterday.

I have deleted unnecessary things.

Needless to say, I pointed out precise positions and entry points where you can cope with on real-time basis.

And I show proof of my trading everytime.

Based on route B, it was short -> long -> short movements.

One thing I was not satisfied with was that it slightly missed the long position entry point and the trend was a bit delayed.

At the final short position entry point, it went down strongly after showing a suspicious movement.

It went down to the position similar to the one that I provided yesterday.

Remember I told you how to enter short position?

I didn’t have much time to look at chart. So after taking long position, I closed my position.

Just like the explanation at the right side, the price touched 30M chart Bollinger band’s resistance line twice. (The final position to close long position)

Afterward, likewise the short position trading strategy,it went strongly down below the next middle line.

For those who had time to look at the chart until late time could make a huge profit.

Congratulations.

The profit was about maximum $770 movement.







This is 4H chart.

As you can see, I have explained you in case of the price going down strongly.

If you look at the fingerpoint, the “red cloud” is about to collapse.

Looking at the below, MACD was about to turn into Gold Cross.
However, it was a trick and went down.

The reason why I give you route A and B is not an analysis saying that it could just go up or down.
Nor is it a tool that I can save myself from being wrong.

Its objective is to calculate and cope with the downtrend wave that could come out from the trick just like yesterday.

If one is a professional, one should tell the point where to “close your profit” or “stop your loss”.
They do not make an excuse.

Even if one tries to defend oneself from being wrong, one can never hide the truth.

Ihope you understand this.

Moreover,

If you look at daily chart,

MACD is about to turn from Gold Cross to Dead Cross.
And the cloud is below the “blue cloud”.

I brought today’s trading strategy based on this information.







Today’s strategy.
It is 30M chart and it’s short position trading strategy.

For today, I could not calculate the wave for downtrend, so I only brought route A strategy.

To be brief,

1. Check out route A with short position entry timing no.1 and 2 / and its entry price.

2. Please check out $7,395 which is the short section.
If it goes above $7,395 with an additional candle, close your day with no position.

This is it for today.

The price could suddenly drop from current position, but we will see a rebound.

Sowait your short position until then.

The trend tends not to come out well normally on Wednesday
So I expect the price would fall slowly down with drifting sideways.

If the price makes a detour and goes down below the purple “sad face” line, it would fall strongly.


This is it for today.

I will come back to you with FX, overseas futures analysis in the afternoon.

Fighting



(Translation help
Jae Ho Shin)