December 29 BTCUSD Bybit Chart Analysis

Updated






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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 December 29.




snapshot




This is the movement after writing the analysis on December 27th.




I marked the main sections with black fingers.


While breaking the dark blue support line

Failed chase long postion strategy


Failing to break through the blue resistance line
It broke the purple support line, so I proceeded with a stop loss process.

The orange support line was later damaged.
Can't support it and it's a downtrend.

Yesterday, sideways within the red support line in the bottom section.
An additional churn occurred today

It is the end of the year and the end of the month, so there is not much movement.

I will examine the whole


snapshot




4 hour chart

I haven't seen the chart for the past few days, but it's falling.
Things are not going well.

When the red support line is broken, it is wide open downward.

Approximate top price / bottom price

Check the red up / light blue down movement path.

I made a strategy for the today


snapshot







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

There are many times when the ichimoku blue cloude + dead cross pressure doesn't go down as strongly as I thought it would.

Instead, the strategy fails when the purple support level breaks.



The final break above the red support line today

The bottom is wide open, so be careful.

The red support line after 9pm could be a major rebound, so pay attention.


It's a post-wave strategy.


I left the main price

Please note that the top price has also been partially changed.

When the pink resistance line is crossed, it is an overshooting section.


Today's biggest variable is a rebound to the right, giving no correction or entry.


* When the red arrow moves

1) $47503 Long position entry section / Stop loss when breaking the purple support line

2) After checking whether the overshooting section of 48400.5 is exceeded
The goal is to reach the top price by correcting the final long wait or stop loss.




I'm not in a good mood, so I'll wrap it up briefly today.


thank you




Trade closed: stop reached
Hello

After writing the analysis on December 29th, we will check the movement.


snapshot


I marked the main sections with black fingers.

Yesterday was based on the purple support line Stop Loss
The red arrow movement path was a up-ward strategy.

After the breakout of the purple support line, near the final red support line. Ended down-ward move.

stop loss was performed

A break from the red support line was dangerous.
Fortunately, the Down trend was not linked.

It's late today, but I'll check it all out and see you in the analysis article.


thank you
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