BTCUSD Bybit Chart Analysis October 23

23 Okt 2020

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I will begin BTCUSD Bybit Bitcoin Chart Analysis for October 23th .







This is a 30 minute chart created yesterday.

I wrote an analysis in the morning,
The Bollinger bands wave calculation is difficult.

Yesterday touched the 30 minute support line,
Movement came within the green support line.

The place I expected was,
It was the 30-minute support line for the Bollinger Band,

Without break away the green support line,
The upward move is finished.


On the spot exchange,
In Bitcoin and major altcoins
The same good move came out.


Congratulations to everyone who has done the same.







Month candle.

Based on the Bollinger Band,
One candle is absolutely,

Bollinger band support line / center line / resistance line
You cannot break through at once.

As of October, the movement is expected within Section 1.

Accordingly,

This month is a major altcoin and bitcoin related stock.
It is advantageous to operate.


From next month, you can see it based on section 2.

Instead, it doesn't break the main support line.
This is a condition.


Please refer to it.







4 hours chart.

The MACD dead cross appears at the bottom.

At the top, whether it will break through the full high first,
VS It is important whether the MACD dead cross will appear first at the bottom.

Of course, the uptrend is strong so far,
Please note that this is not a dangerous signal.






Today's trading strategy, 30 minute chart.


I marked the main section.

In summary,

* Maintaining the green support line, a strong uptrend.
*When touching the orange line, adjustment and sideways
*Within the red parallel line, it is a sideways section.

*Not good if you breakaway the red support line today.


In the blue finger section,
Please refer to the short and long positions respectively.


The purple section at the top is,
This is the maximum range you can move on the weekend.

At the bottom, after the blue long position entry section

Whether it breaks through the smile section,
Please check.

Have a good weekend.


I'll see you later in the Nasdaq analysis.


Thank you.