October 29 Bitcoin Bybit chart analysis

29 ott

Hello
It's a Bitcoinguide.

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Here is the Bitcoin 30-minute chart.

Nasdaq indicators will be announced at 11 o'clock shortly.

Since the price of Gimp has risen a lot, the goal of breaking through 100 million has already been achieved,
but isn't the margin exchange important?
If Bitcoin goes up a little more, it will skyrocket,
but I had a lot of trouble today because of the entry point.

Well, if Nasdaq doesn't crash today,
Bit has slightly surpassed its all-time high,
so it's a double top, right? (Bearing condition)
First of all, today is not a sweeping condition, and the possibility of a crash is not high,
so we operated very aggressively.

If perfect doesn't come out today,
I will take a day off tomorrow to reflect.

*When the red finger moves,
it is a one-way long position strategy.

1. 70990.5 dollars long position entry section / cut-off price when purple support line breaks

2. Top section 1st target -> Good 2nd target -> Great 3rd target

If you just touch the 1st section at the top, 71694 dollars,
it is an overshooting position, a position where an upward trend is connected,
and if it reaches the Top section, it can be connected to Good right away,
but I tried to be perfect.

If the strategy succeeds and the Top or Good section target price is reached,
it would be good to use the last red finger 1st section as an additional long position entry section.

It is a strong upward condition until the purple parallel line support line is maintained.

Then, the long position entry point is section 2,
and the range is around 700 dollars, so I set the cut-off price short. If the rebound doesn't come out strongly in the 2nd section today,

Since the 3rd section below is roughly the 1+4 section,

I think it would be good to remember this place.

Today, I will leave it short and thick like a man and go in.

Up to this point,
Please use my analysis as a reference and only to the extent of use,

I hope you operate safely with the principle trading + stop loss price.

Thank you.

30 ott

Trade chiuso: obiettivo raggiunto

Hello
It's a Bitcoin Guide.

I will check the movement after the analysis article was written on October 29th.



This is the Nasdaq 30-minute chart.
The main section is marked with a black finger.

After the red finger at the bottom entered the long at $20,321.6,
It broke through the orange resistance line -> red resistance line without breaking the green support line

It reached the Top -> Good target price.

The strategy is a perfect success.

Nasdaq is also ahead of the Great section / light blue resistance line at the top

I will explain the details in the analysis article.



This is the Bitcoin 30-minute chart.
The main section is marked with a black finger.

In the red finger long position strategy,

After entering the long at 70990.5 at the bottom

The pink resistance line was broken

The target price indicated Top -> Good section was touched

Perfect came out.

It's been a long time since I've had a double perfect with Nasdaq.

Last week, it kept going wrong by a little bit
But I got lucky for once.

After that, I explained that you can try to re-enter after liquidating the long position in section 1
But I'm watching while moving sideways.

From the orange resistance line breakthrough at the top
The highest point breakthrough is in progress, but the movement seems important starting today.

It was a little late while moving sideways this month
But as I explained, it's breaking through 100 million.

There's something a little uneasy about going up vertically like this
So I'll try to solve it all
So that everyone can board the hot train.

I'll see you later.

Thank you.