BTCUSD Bybit Chart Analysis October 28

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 October 28 th.



snapshot




This is the move after the closing of the private on October 27th.



It was a short -> long switching strategy,

Yesterday, in particular, various difficult conditions were
It was a strategy that had to work.

As you can see, the black finger in the upper left
Less than $300, $61884.5 failed to touch

The timing was the best, but
The decline was stronger than expected due to the lack of upswing.

After that, follow the green support line.
sideway move finish

The trading strategy was final canceled





snapshot




4 hour chart

Today's approximate Top/Bottom price is displayed,

Especially today, it was difficult to catch the bottom.
This is because the only proper support line is the bottom major support line.

If there is a clumsy decline, will it be connected with a further decline tomorrow?

Please note


Based on the break of the green parallel line resistance

Red up/light blue down movement path check

I made today's trading strategy



snapshot





Today's arrow one-way strategy , It's a long position strategy.


Because of yesterday's last rebound pattern,
I decided that it would not be easily broken, so I proceeded with the strategy.


In the event of failure, if the sky blue finger section/light blue support line deviates from the final bottom
Today's strategy will fail


Because there are many lines to break through the center/resistance line

Judging that it is difficult to rise strongly
I expected an upward move.


The orange support line does not act as a support line.
There may be strong adjustments when break away.


* When the red arrow moves


long position strategy

1) $58719 long position entry price / Stop loss when the purple support line is broken


The final target is $61,610 in the top section at the top.


For those who like short-term trading in the middle, take note.
I left the price with the entry point / light blue line.


If the strategy is successful, ETC Alt + Major Altcoin is expected to rebound moderately.
After tomorrow is very important

It's about 4 hours from the center line.

Then it will be a short position operation period.
A fight of further ups and downs leads.




today it is up to $61610.5.
Those who take the trend longer seem to have an advantage.

In case of strong adjustment in the middle

Pay attention to the light blue support line / light blue finger section


If nothing goes wrong today, I'll end it here.



Thanks for reading



Trade active
snapshot
Trade closed: target reached
snapshot


Private comments.


snapshot

4003.5 Profit.

Thank you.
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