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 September 23 th.
The upper part is the movement after the final finish on the 17th.
For more details, please refer to the comments.
Light blue finger movement path -> $47158.5 final long position switching
After crossing the red support line without departing from the danger zone Breaking the green resistance line -> Achieved up to $1613.5 profit section
I left the pink line in the closing price gap in the futures market.
The problem is after the crash.
After the weekend, 20 day move. It's a 4 hour chart.
If you look to the left, when the sky blue support line is broken The next support line is marked at $38370.
Below is the deep blue support line.
Breaking out of sky blue support line -> Weekend Gap Reversal.
There was a strong plunging up to $7522.
4 hour chart
Today's approximate Top and Bottom prices are displayed.
In a big trend, the week candle , the month candle. MACD Dead Cross is pending.
Because it can be very dangerous
Today, before and after breaking the purple support line
Red Up trend, Light Blue Down trend We created today's trading strategy
30 minute chart neutral strategy
the current position
Bollinger Band 4 Hour Central Line + Phonetic Section
There is some support line up. But , It is a dangerous place where the downtrend can accelerate at any time.
And sideway move It's a high possibility.
I made a strategy by focusing as much as possible
I added an orange parallel line.
A vertical decline or a break from the green support line today could be dangerous.
* When the red arrow moves
long position strategy
There is still the possibility of an upward trend in the pattern.
Because it may continue to rebound without adjustment
Final purple support line, focus only on long positions
$43546.5 Long position entry section / Stop loss price when the purple support line is broken
The final target is $46802.5
* When the light blue finger moves
Long -> Short -> Long Switching Strategy
Check for a rebound from the initial purple support line
In case of inconsistency, prepare for a vertical decline or a downward trend
or 43463 Short position entry / Stop loss when the orange resistance line is broken
Final $41296.5 long position switching / Stop loss when breaking the orange support line
A long-position target becomes an orange resistance line.
If the breakout fails, further declines may occur after tomorrow.
I can shake it up and down today Those who are not in a position based on the purple support line / Spot exchanges, please watch the match or the final one-shot, one-kill game. I would like to recommend
on a downtrend basis
From a big perspective, we need to break through both the red resistance line -> the sky blue resistance line. It will be a safe zone
As a downtrend characteristic, if it does not break through this section, a downtrend may continue.
Please note
Principle trading / Stop loss is essential, operate safely