November 17 Bitcoin Bybit chart analysis

17 nov 2023

Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
There is an indicator announcement on Nasdaq at 10:30.

The current position is a section where you can shake it up and down.
The possibility of a sideways move is also very high.
This is a position with many variables.

I will explain in detail the movements that can be made today.
Please check carefully.



*Sky blue finger movement path

Two-way neutral strategy

1. Short position entry area of $36,735 / Stop loss when the orange resistance line is broken

2. Long position switching at $36166 / Stop loss when the green support line breaks away

3. $37,278 long position 1st target -> Top 2nd -> Good 3rd -> Great 4th


Focusing on long positions
Don't break out of the green support line today.
If it moves sideways, it may rise strongly in the early morning hours.

Same as yesterday at the current location
In case of decline without minimal fluctuation or rebound

The purple finger section at the bottom costs $35030.5.
Please note that there is a major rebound period remaining.


The purple vertical line on the far right is,
This is the section where a new weekly chart is created next week.

I think it would be a good idea to refer to the construction section over the weekend.


My analysis up to this point is for reference only.

I hope you operate safely with principled trading/stop loss required.

Thank you for your hard work this week.


thank you

20 nov 2023

Trade chiuso: obiettivo raggiunto

Hello
it's a Bitcoin guide.

I will check the movement after writing the analysis on November 17th.



This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.

Light blue finger 15782.9 After long entry,
End of extreme sideways trend without breaking out of the green support line



Bitcoin 30-minute chart.
Major sections are marked with black fingers.

Light blue finger: $36,735 short -> $36,166 long switching
Perfect came out over the weekend.

The strategy is to take advantage of it.

A new gap section has been created at the bottom.

More details will be provided in the analysis article later.


thank you