XBTUSD BitMEX Chart Analysis December 20th

Hello.

It’s BitCoinGuide~

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I will begin XBTUSD BitMEX Chart Analysis for December 20th

This is 30m candle chart for yesterday.

As you can see from 30m candle chart, it ended up drifting sideways between route A and B.

On YouTube Live Streaming, I opened long position at the middle line of Bollinger band with tight stop loss and made a little bit of profit.

I waited for long position at the point I’ve mentioned. But it did not come down.

But we have lots of chances for tomorrow.
So don’t be regretful.

This is 4H chart.

I believe a direction will be decided within the colored box.

Currently we are on “red cloud” with MACD Dead Cross coming soon.

I brought a strategy based on this.

This is 30m candle chart for today.

I will briefly summarize.

1. Please check route A & B with A’s long position / B’s short position entry timing and price point of $7,150.

2. Route A : Please check the price does not go down below the entry point. If it does, please refer to route B. When you have entered the position, please check the price touches the final “smile face” line. If it leaves tail with just one touch, please switch into short position. Also, if the price does not make it to the blue parallel resistance line for 4H candle chart, switch into short position.

3. Route B : Right at the short position entry point, please check if the price goes above the green parallel resistance line. If it does not make it, please enter short position.

This is it for today.

I’ve indicated bonus points with blue finger pointer for route A / red finger pointer for route B. For those who can cope with it, please take advantage of the opportunity.

If we reach the point where the bell is located, or the price seems to move upward, you can simultaneously operate major altcoins on the weekend.

I will come back to you with FX margin trading and overseas chart analysis in the afternoon.
(Sorry for yesterday as I was so tired)

Thank you.

(Translation
Jae Ho Shin)

BitCoinGuide

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