October 20 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 October 20 th.




snapshot



After the private on the 19th, it is a move.

It was a one-way sky blue finger long position strategy.
Can't break the red resistance line
Continue shaking as described.

Look at yesterday's movement
Unexpectedly in the light blue finger movement path

This is because the rising wave occurred first, not the first down wave.
12 hours after 9:00 PM After the MACD dead cross is engraved

Create a sky blue parallel line,
Longposition entry at $62203


The reason is that because of the first wave, the existing entry target
It has risen and all the danger signals have been imprinted.

Luckily, the strategy was successful.

$2348 profit is in progress



snapshot




4 hour chart

The upward pattern that was broken by yesterday's movement has also been restored.
The warning signs are also engraved so it doesn't seem like a big problem.


Today's approximate Top and Bottom prices are displayed.


Green support line

red top / sky blue bottom

Created today's trading strategy



snapshot





I'm very late today

I kept it as simple as possible.


Arrow Movement Path One-Way Long Position Strategy

It is a short -> long switching strategy.


I said that I focus a lot, but there is a high probability of making mistakes because I am pressed for time.


Please note that a purple parallel line was created.


* When the red arrow moves

Short -> Long Switching Strategy


1) $65092 short position entry section / Stop loss when the purple resistance line is broken
(Be careful as an uptrend may be connected, beginners only need to wait for the long)


2) 63006.5 USD long position switching / Stop loss when the green support line is broken


The final target is $66974, but I couldn't even mark it.

Even if the down wave comes first
Because it is judged that there will be a sideways movement in the middle

Even if it breaks, it looks like a red support line.


In case of spot exchange

Those who are entering, check whether the purple support line is broken

ETC Alt -> Switch to major altcoin


The beat went up quite a bit yesterday, so should I take the major with me?


And there are people who do a lot of leverage.
Do not trust, do not resent, and do not send personal messages.



Please, I'm just asking for your reference.




If there are no problems today, there are many things that need to be dealt with
I'll end it here without further comments


Thanks for reading




Trade active
snapshot
Trade closed: target reached
snapshot


$ 1759 Profit.
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