Short

September17 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 September 17 th .

This is the movement after writing the analysis on the 16th.

The green/red support line is break away.

The sideway move is finished along the orange parallel line

stoploss finish.

4 hour chart

Approximate top price and bottom price are displayed

Because the 4-hour chart MACD deadcross is also in progress.
There is a very high chance that side way move.

But Ignoring sideways,
We've marked the trend with the greatest likelihood of occurrence today.

Green resistance line / purple support line, starting with a small convergence section

Check the red up and sky blue down movement paths

I made today's trading strategy

This is a 30-minute chart short position strategy.

As mentioned above, there is a high probability of a decline no matter how you look at it.

The current position is the day candle center Line section,
but in a big trend, it is also a short position operation section.

To break through this section, up ward without a strong wave or adjustment.

I set the red arrow to the variable level

First, we focused on the 4-hour chart MACD dead cross.

* When the red arrow moves

Breakthroughs should continue in strange shapes without adjustments

Today's green resistance line is going to be the key.

48152.5 USD long position / Stop loss when the purple support line is broken

The final target is the Top Oral.

When this section is reached, an uptrend can be connected.
You can continue the trend while correcting your stop loss

* When the light blue finger moves

Short -> Long Switching Strategy

creating a downtrend

Depending on the intensity of the first rebound

$47652 short -> confirm a rebound from $46722
(If the rebound is successful, the green parallel line will finish the right-down sideways trend)

Final $46125 long position switching / Stop loss when breaking the sky blue support line

The bottom section is also today's major rebound section.
In my experience, it is easy to give a seat so easily.

It seems that there will be many difficulties in operating the spot exchange due to the recent sideways movement.

If you are not entry in

Look at the upward and downward direction, and persevere until the timing to enter the long position.
We recommend that you enter the final

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

have a nice weekend everyone

thank you

Trade active

Trade closed: target reached

It's been a long time, so let's check it out from the 17th.

Final sky blue finger movement path progress

$47158.5 long position switching ->
near the red support line
Breaking the green resistance line after going sideways without breaking out ->

Successfully rebounded up to $1613.5

I've marked the weekend gap at the bottom.

Last September 14, 4 hours chart

I write analysis articles on a daily basis,
It is also difficult to find

The next support line is

Marked at the bottom, $38370.

20 days , It's a 4 hour chart.

Breaking out of the sky blue support line -> After completing the weekend gap retracement

There was a strong crash with up to $7522

Because the support line has risen from the left $38370
I think the final rebound will be around $39605

Let's proceed with today's analysis.

thank you.

BitCoinGuide

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