Bitcoin Bybit chart analysis October 21

2024年10月21日

Hello
It's a Bitcoinguide.

If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.

If my analysis is helpful,
Please would like one booster button at the bottom.





This is the Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.

Nasdaq is in a stronger downtrend than expected.
I was a little nervous while analyzing.

Bit is currently in the 1+4 section (a meaningful support line)
Tether Dominance is in a short-term uptrend
It was a place where I had a lot of concerns.
Nasdaq currently looks like it is either in a crash or a downward sideways movement.
Bit is a place where I am concerned about the 12-hour chart MACD dead cross
It seems that it will be applied importantly depending on the movement today.
Overall, I proceeded as safely as possible.

*When the blue finger moves,
Bidirectional neutral
Long->Short switching strategy

1. When the purple finger reaches $68,706.5 at the top
Start with a short position / Stop loss when the orange resistance line breaks through

2. Switch to a long position at $67,792.5 -> Check the lower tail of the long position until $67,512 in the first section / Stop loss when the blue support line breaks

3. Switch to a short position at $69,069 / Stop loss at the orange resistance line or proceed autonomously

As I roughly explained above,
In the case of an immediate decline from the current position and a downward wave after a downward wave, the position may change.

*Whether it is a purple finger short->long switching
or a long wait in the blue finger, section 1
You should carefully check the real-time movement.

It is a sideways market up to the orange resistance line / sky blue support line,
but if the orange resistance line is not broken today,
the 12-hour chart MACD dead cross pressure may be connected after tomorrow.

Depending on the movement of Nasdaq today,
if the sky blue support line is damaged or falls downward,
please pay attention to the Bottom -> 2 section at the bottom.

Up to this point, please use my analysis as a reference only,
and I hope you operate safely with the principle of loss cut price.

Thank you.

2024年10月22日

手動でトレードを終了しました

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on October 21.



This is the Nasdaq 30-minute chart.
I marked the main sections with black fingers.

In the red finger long position strategy,
After entering long at 20209.7 at the bottom,
The target price of 20346.7 was touched at the top

After that, it is moving sideways within the orange resistance line convergence section without breaking away from the purple support line.
Yesterday, it looked like it was going to crash,
But it is barely holding on above the center line of the 12-hour Bollinger Band chart.

This pattern is still in an upward trend at 6+12,
And if it breaks away from this section,
The final 12+ daily section this week will be the next pattern position.

There is a fierce struggle at the current position.
The direction should be determined here.
I think there will be a good movement in Bitcoin as well.
Please refer to it.



This is a 30-minute Bitcoin chart.
I marked the main sections with black fingers.

In the blue finger long->short switching strategy,
Without touching the purple finger at the top,
67792.5 dollars -> the long position entry point was pushed out to the 1st section.

After that, it maintained the blue support line until dawn,

and as an additional daily candle was created today,

it is moving sideways after touching the bottom section.

As the long entry section was pushed out,
it ended in a downward sideways movement,
and since it was possible to wait for a long position at a short-profit cut or a main section,
or at the bottom,
the strategy was manually liquidated.

In the case of Bit, after the Gap retracement at the bottom,
the adjustment came out stronger than expected,
and the 12-hour chart MACD dead cross pressure was created.

After the rebound in Nasdaq, it was adjusted,
unfortunately,
it did not change to an upward trend at the 5-minute trend change point,
and a vertical decline condition occurred continuously.

Also, in the case of yesterday, after the 1+4 pattern,
it was a strategy that bet on the 4+6 section that I left a comment on at dawn.

The pattern was broken, and it reached the bottom section
6+12 section that I indicated.

You can aggressively operate a short position from below the 1+4 section,

and from the 2nd section indicated at the bottom -> 65.3K
I indicated the support line price,
I hope you operate well for the remaining time.

Today, the participation rate dropped a lot,

so I will recharge and finish without chart analysis,

with the review content here.

thank you

2024年10月23日

トレード稼働中

This is Bitcoin's movement on October 22.
I didn't do a separate analysis yesterday.

On the 22nd, it ended with a very sideways movement,
and after touching the resistance line on the 1-hour Bollinger Band chart,
it reached the 2nd section drawn on the 21st / $66,406.5.

If it breaks out of the current position,
the support line will be $65,346.5,
-> $64,679, which is indicated below.

I will explain the details together in today's analysis.

Thank you.