BTCUSD Bybit Chart Analysis October 6

6 Okt 2022

Hello.

“Make it simple, make profit”
It’s BitcoinGuide.

Don’t forget to
“Follow” me and press “Likes”.

If you "follow" press,

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 October 6.



Bitcoin 4 hour chart

Yesterday, in the case of the Nasdaq, an upward-sloping sideways trade ended.
Today, depending on the progress of the 4 hour chart MACD deadcross
The direction seems to be divided.

Today's approximate Top and Bottom prices are displayed.

around the purple support line

Check the red up/light blue down movement path

Created a trading strategy.





This is a 30-minute chart arrow one-way long position strategy.

Depending on the strategy, the Top price has been partially changed.
This is a strategy for a moderate upward rebound.

* When the red arrow moves

long position strategy

The first short entry section is for checking the wave.
Because most of them are maintaining long positions and they believe that the trend has changed after the double bottom.
We put weight on the long extra entry.

1. $20558 short position entry section / Stop loss when breaking the sky blue resistance line
(Because it can be directly connected to a vertical rise, hold the stop loss tight and focus on the long entry section that comes back according to the wave.)

2. 20236.5 USD long position switching / Stop loss when the green support line is broken
First, if the upper touch fails,
The green support line is the long position target.

The light blue support line at the bottom seems to be the end of the season.

Because the atmosphere so far is very good,
This week, we will work hard to reach the target section of $22,256.

Above all, Nasdaq movements are important, so please check them in real time.

My analysis is simply for reference or use, please.


Don't forget to buy in principle / stop loss is essential

Fighting today


Thanks for reading.

6 Okt 2022

Trading ditutup: stop tercapai

This is the move after the last comment on Nasdaq.
I marked the main sections with black fingers.

indicated,
In the light blue finger movement path

It was a short -> long switching strategy.
Finishing after a right-to-down polar side guarantee

4 hour chart MACD dead cross is engraved.

At the bottom, it would be good to see the breakout of the sky blue support line as the end of the season.



Bitcoin movement since the last comment.
I marked the main sections with black fingers.

Because the adjustment came out without the upper touch
Enter a long position at $19905 in the green support line section

Breaking the pink resistance line -> breaking the green support line
After that, it followed the Nasdaq and ended up going downhill.

As it coupled with the Nasdaq, it went sideways and then exited.
Because the initial strategy was to break out of the green support line,

I cut my hand short.

Check out yesterday's last comment
Those who are maintaining long positions will follow the Nasdaq movement.
You can see the breakout of the red support line.

Because Bitcoin has a faster turnover rate than Nasdaq

4 hour chart after MACD dead cross
6 Hour Dead Cross is being engraved.

The degree of deviation of the sky blue support line at the bottom
Look at the end of the season.

Nasdaq moves are the most important
I'll take a look at it in its entirety and see you in the strategy.

thank you