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November 23th BTCUSD Chart Analysis
BTCUSD Perpetual Contract
November 23th BTCUSD Chart Analysis
By BitCoinGuide
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Updated
Nov 23, 2020
6
Nov 23, 2020
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
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 November 23th .
This is a 30 minute chart created last week.
Without breaking the orange support line,
The upward rebound finishes.
Afterwards,
it break away the orange support line,
After , Strongly deviated from the red support line.
At the bottom, the purple finger section
This is the main rebound by time.
In both directions, a great movement came out.
4 hours chart.
Without a touch of support,
A strong rebound came out.
This means two things.
When the futures market is closed,
Weekend moves, Can't change the big trend.
4 hour support line couldn't touch,
Because , The rise did not die,
And , There may be a strong rise.
This is a 30-minute chart.
After touching the resistance wire,
You have reached section 1.
At your current location,
If you break through the purple line at the top,
Further bullish
If you can't break through, in the second rebound
Movement can come out.
1 hour chart.
Short term pattern.
On the left, after touching the resistance line
Without breaking through,
Adjustment occurred strongly.
Based on the red resistance line,
If you can't break through
adjustments can be made.
Focusing on this part,
I brought a trading strategy.
This is today's trading strategy.
30 minutes chart, neutral strategy.
To be precise,
Long -> Short->Long
Switching strategy.
Please check each major section.
In the Red parallel line Within support, resistance,
Further upside and adjustment ,
Direction can be determined.
Section 1 is,
If break through , Further uptrend upon
If you can't break through
Strong Adjustments may occur.
Please refer to it.
It is a spot exchange.
In the whole market
Good movement came out.
Currently, according to the Bitcoin movement,
It's an adjustment section to some extent.
Depending on the breakthrough point of section 1
If the break through fails,
Liquidated,
At the bottom right
Sky blue finger section /
Only in the final long position
It is advantageous to operate the same.
However, it is not good if you Break away from the sky blue support.
With a large expected return,
In Bitcoin SV
Over Shooting may occur once or twice.
After the high point is broken,
Potential for a strong upward trend
Stop loss is required.
I hope you Trading safely.
See you in the NASDAQ analysis in the afternoon.
Thank you.
Nov 23, 2020
Trade active
Nov 23, 2020
Trade active
Nov 23, 2020
Trade closed: target reached
Long Switching.
Beyond Technical Analysis
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