Bitcoin Bybit chart analysis October 29

12 giờ trước

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.