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 16.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
around the green support line.
Red upward / sky blue downward movement path check
I substituted the Nasdaq movement.
The 30-minute chart is a one-way neutral strategy.
In the case of Nasdaq, overall movement is not bad. The 6-hour chart MACD dead cross is in progress, but After the rising touch, it doesn't seem to be very important because it is advantageous in terms of pattern.
Instead, I calculated it as a pattern in Tether Dominance. It seemed difficult for bitcoin to rise in a short period of time.
About this week, as Bitcoin makes higher lows, If you keep your seat well, it is a condition that can rise significantly.
The most important one is the NASDAQ.
Nasdaq -> Bits + Tether Dominance
remember the relationship
In accordance with the Nasdaq movement, Bitcoin also bet on the upward trend.
*In arrow movement path
Long -> Short -> Long Switching Strategy
1. Entry into long position at $16649.5 / stop loss when breaking the green support line
2. Entry into short position at $17076.5 / stop loss when orange resistance line is broken
3. 16691 bull long position switching / stop loss when breaking the light blue support line
If rebound fails, in Tether Dominance Because it reaches the rebound section, a correction can come out strongly once. Please note
If you hold on to this section well, the conditions for a strong rise are created.
In the case of a green support line, please note that a movement that continues to raise the low can be connected.
Keep an eye on the Nasdaq movement.
Let's hold on well this week.
I have a health checkup tomorrow, so I don't think I'll be able to do my daily activities inevitably.
Please excuse me
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
การซื้อขายยังคงดำเนินอยู่
This is the movement after writing the NASDAQ analysis on the 16th. The main sections were marked with a black finger.
Based on the light blue support line (stop loss) until the 17th I supported you well
Right-down sideways movement to the true wave support line on the 18th
Somehow the pattern has been broken.
Bollinger Bands Rebound after Touching the 6-Hour Support Line The 12-hour chart MACD dead cross is in progress.
Let's look at it as a whole.
On the 16th, this is the movement after writing the Bitcoin analysis article. The main sections were marked with a black finger.
Left $16649.5 entry price
within the orange resistance/light blue support line Extreme sideways finish.
The strategy was active.
Compared to Tether Dominance As I explained, this week at the earliest, next week at the latest