December 26 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin has been on a downward trend since it fell from $69,000 to the present without a decent rally. Bitcoin is currently in a low volatility range for a long time, and has yet to see a major upward or downward trend. If BTC can pull back $18, 500, then there is a reasonable chance that the decline will be reversed and a choppy climb will follow. However, there is not enough liquidity in the market for the Christmas holiday, so the cryptocurrency is still down.
Today’s Cryptocurrency Headline
Bitcoin Mining Companies Have Racked Up $4 Billion in Debt This Year
Bitcoin mining companies have been struggling under the weight of a year-long bear market, with collective debt expected to surpass $4 billion by the end of 2022, according to a report from Hashrate Index. The worst case is Core Scientific, which owes $1.3 billion to creditors and has filed for Chapter 11 bankruptcy. Marathon Digital owes about $851 million, but most of it is convertible notes, meaning its creditors can exchange them for stock in the company.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Bingx
December 23 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin price is almost flat over the last 24 hours. The largest cryptocurrency has been trading below the 20-day exponential moving average ($16,985) since Dec. 16, which has become a crucial resistance level. A breakout from here will potentially initiate an uptrend in the short term. The flattish 20-day EMA and the relative strength index (RSI) near 46 do not give a clear advantage either to the bulls or the bears. The BTC/USDT pair is likely to stay in the $16,000-$17,000 price zone until the holiday season is over.
Today’s Cryptocurrency Headline
Brazilian President Signs Off on National Crypto Rules
Brazil President Jair Bolsonaro on Thursday approved a crypto regulation bill recently passed by that country’s Chamber of Deputies and the Senate. The new law establishes a crime of fraud involving virtual assets, with a penalty of between four and six years in jail plus a fine. It also creates a “virtual service provider” license, which is to be requested by digital asset companies, including exchanges and trading intermediaries.
Digital assets that are considered securities will be regulated by the Brazilian Securities and Exchange Commission (CVM), while assets that do not fall into this category will be regulated by another yet-to-be-established agency. Companies will have 180 days to adapt to the new rules.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December22 Bitcoin Bybit chart analysis
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Only 30 Min chart ,
In real time, you can check major sections and move,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 22.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
This is a one-way long position strategy on the 30-minute chart.
In the case of Bitcoin
I haven't touched the support line for 30 minutes today.
Touch completed up to the 1-hour resistance line.
The 30-minute chart progressed to the MACD dead cross.
12 Hour / Daily Chart MACD Golden Cross is waiting
It becomes a condition for strong rise.
Please pay attention to the movement up to the top section according to the Nasdaq purple support line.
In terms of the Ichimoku equilibrium, when the purple support line breaks
Since the support line is open, it can fall strongly,
A short position is an advantage.
Within the convergence zone of the red resistance line / light blue support line
If there is no movement, it is sideways.
(when the main price is represented near the support resistance line)
*At the red arrow path
long position strategy
1. $16823.5 long position entry section / stop loss when breaking the light blue support line / $17221 long position target
Variables may come out in the indicator announcement at 10:30 today
In the case of Nasdaq, because the situation is similar to Bitcoin.
It's not good to be pushed from your current position.
Please note that my analysis is only for reference and use.
I hope you operate safely with principle trading / stop loss essential
thank you.
December 22 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 0.20% over the last 24 hours and rose to an intraday high of $16,916.63. The largest cryptocurrency has been trading below the 20-day exponential moving average ($16,985) since Dec. 16, and the bears have not been able to capitalize on this situation, which suggests that lower levels are attracting buyers. The flattish 20-day EMA and the relative strength index (RSI) near 47 do not give a clear advantage either to the bulls or the bears. The BTC/USDT pair is likely to stay in the $16,000-$17,000 price zone until the holiday season is over.
Today’s Cryptocurrency Headline
Core Scientific is Said to Possibly Sell Some Crypto Mining Sites in Wake of Bankruptcy
Core Scientific may sell up to 1 gigawatt worth of its sites under development after filing for Chapter 11 bankruptcy protection. Russell Cann, chief mining officer at Core Scientific, said the likelihood of selling assets in operation is close to zero, but the likelihood of us selling assets that are under development where we have power capacity and land and substations is high. Core Scientific is currently the largest company in the industry with around 800 to 850 megawatts of mining power. The sites it might sell are an extra gigawatt on top of that and were supposed to come online in 2023. The company filed for Chapter 11 bankruptcy protection early on Wednesday with a prearranged deal and plans to turn most of its debt into equity.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December21 Bitcoin Bybit chart analysis
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 21.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
During the analysis, a gap retracement is in progress at Nasdaq.
Just at the present spot, it seems that the direction of Bitcoin will also be determined.
Depending on whether or not to leave, I think there will be controversy in the decision
The purple support line has been changed a little lower.
Currently, Bitcoin is touching the Bollinger Band 30-minute resistance level.
I'm looking at the Nasdaq right before the rise.
The 30-minute -> 2-hour chart is just before the MACD dead cross connects.
Among those who maintain long,
Those who are leveraged for short-term trading
Check if the purple support line breaks out,
There is an indicator announcement at 12 o'clock, but the top section doesn't seem to change.
In case of bad news, pay attention to the Bottom
Currently, it is just before the middle line of the Bollinger Band 2-hour chart.
It is the cleanest way to succeed in rebounding without touching the purple support line.
*At the red arrow path
long position strategy
$16832.5 long position entry section / stop loss when breaking the green support line / final target is $17361
In preparation for the right-down sideways movement,
I have hidden a light blue finger at the bottom, so please refer to it.
In preparation for the long-term trend, we will take the stop loss as long as possible.
Even so, there is no variation.
Please only refer to my analysis and use it.
Nasdaq is the most important,
Keep an eye on the Nasdaq movement.
I hope you will operate safely with principle trading and stop loss essential.
thank you.
December 21 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 1.65% over the last 24 hours and rose to an intraday high of $17,061.06. The largest cryptocurrency attempted to break above the 20-day exponential moving average (EMA) ($16,985), but the price was unable to sustain above the level, indicating that the sentiment remains negative and traders are selling on rallies. If the price stays below the 20-day EMA for another few days, that could mean the bulls lose the short-term advantage and the price could remain stuck between $16,000 and $17,000 for a few more days.
Today’s Cryptocurrency Headline
Christie's NFT Sales Fell 96% in 2022
Christie's sold 87 NFTs in 2022 for a total of $5.9 million. In 2021, the art auction house sold over 100 NFTs worth more than $150 million — one of them being Beeple's "Everydays: The First 5000 Days" NFT for $69.4 million. Christie's NFT sales fell 96% between 2021 and 2022. Christie's previously launched Christie's Ventures aimed at supporting emerging technology and financial technology companies related to the art market. In September, Christie's also launched the Ethereum-based NFT platform "Christie's 3.0".
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December20 Bitcoin Bybit chart analysis
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“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
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If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 20.
Bitcoin 4 hour chart.
Today's approximate Top Price and Bottom Price are displayed.
centered around the purple support line
red top / light blue bottom
Moving route check
I created today's trading strategy.
This is a one-way long position strategy on the 30-minute chart.
Dear followers,
Do you have a good long trend from yesterday?
In the oversold period, Nasdaq is playing a joke, but
In the morning, I touched the first support line of the ball van -> It is rebounding after the Gap retracement.
In the case of Nasdaq, the pattern is broken
A rebound is underway ahead of the final support line.
Even if you raise it strongly, it becomes a place where adjustments can come out.
focus on there
I put in bitcoin.
*At the red arrow path
long position strategy
In the case of beats, it is a strong rising condition.
The 12-hour Central Line / Ilbong Central Line is in the middle
It seems that it can rise to a maximum of 17474.5 dollars only when an additional bar is created tomorrow.
One-way, $0.5 entry in one direction, up to the stop loss target price
This is a strategy carried out on one page of the 30-minute chart.
I never told you to follow me.
I have been emphasizing for 6 years that you should only use it as a reference.
Try it yourself rather than see it
It's never going to be easy.
Masters! Please do not comment, but use your skills to publish.
1. Enter long position at $16,774 / stop loss when breaking the green support line
I also held the stop loss tightly,
Watching the Nasdaq in the mid-wave
The stronger you shoot to the extent of the Good section shown,
It is more likely to reach $17474.5 after tomorrow.
My analysis please
Just note, use, reference, use
Please pay attention to the Nasdaq movement.
Thanks for reading.
December19 Bitcoin Bybit chart analysis
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 December 19.
Bitcoin 4 hour chart.
Today's approximate Top Price and Bottom Price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
Bitcoin 30-minute chart is a one-way long position strategy.
Upper gap / 4-hour middle + 3-hour chart resistance touch
Since there was no danger signal, we proceeded aggressively.
There is a gap at the bottom of the Nasdaq,
If there is no return for 2 weeks
It can be judged that it will change in an upward trend,
If there is no strange movement today,
Since there is a major rebound section in the light blue support line section, I bet on a moderate upward rebound.
*At the red arrow path
long position strategy
16703.5 USD long position entry section / stop loss when breaking the light blue support line
The final target is $17082.5 -> Great section after tomorrow.
Keep an eye on the Nasdaq movement.
My analysis is simply for reference and use only.
thank you.
December 19 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Glassnode, Ethereum balance on exchanges reached a 4-year low of 19,523,141.398 ETH. Bitcoin is down 0.25% over the last 24 hours and fell to an intraday low of $16,636.31. The price of Bitcoin has not changed too much during the weekend. The 20-day EMA has started to turn down and the RSI has dipped below 43, indicating that bears are in command. If the price sustains below the 20-day EMA ($17,034), it could decline to $16,000.
Today’s Cryptocurrency Headline
Central Bank of Kazakhstan Plans to Launch CBDC Between 2023 and 2025
The National Bank of Kazakhstan (NBK) successfully completed the second phase of testing the Central Bank Digital Currency (CBDC) platform. The country's primary motivation for conducting studies on CBDC was to test its potential to improve financial inclusion, promote competition and innovation in the payments industry and increase the nation’s global competitiveness. Kazakhstan’s central bank recommended making the in-house CBDC available as early as 2023 with a phased expansion of functionality and introduction into commercial operation until the end of 2025.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December16 Bitcoin Bybit chart analysis
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 December 16.
Bitcoin 4 hour chart.
Today's approximate Top Price and Bottom Price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
Bitcoin 30 minute chart.
Currently, the 4-hour support line is a major rebound.
I'm watching Nasdaq.
This is a place where additional declines and downtrends can come from the Nasdaq.
When the green support line breaks, it is operated as a stop loss.
*At the red arrow path
long position strategy
1. Entry into long position at $16995.5 / stop loss when breaking the green support line
The target is $17821.5.
The bottom section at the bottom is the daily chart support section / major rebound section and the place where broken patterns are restored.
By the weekend, $16049.5 -> I marked an additional support line of $15715.
please note.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
December 17 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 4.15% over the last 24 hours and fell to an intraday low of $16,528.49. The largest cryptocurrency turned down and broke below the 20-day EMA of $17,095 on Thursday, suggesting that the sentiment turned negative and the bears were selling the relief rallies. The 20-day EMA has started to turn down and the RSI has dipped below 43, indicating that bears are in command. If the price sustains below the 20-day EMA ($17,095), it could decline to $16,000.
Today’s Cryptocurrency Headline
Basel Committee to Enforce Standard on Banks’ Exposure to Crypto in 2025
The Basel Committee on Banking Supervision (BCBS) has approved its global crypto banking rules, which will come into force on January 1, 2025, according to a statement Friday. The BCBS, the main global standard-setter for prudential regulation of banks, recommends that banks should have no more than 2% exposure to certain crypto assets, and usually less than 1%. These particular assets are tokenized traditional assets including non-fungible tokens, stablecoins and unbacked crypto assets that don't meet classification conditions.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December15 Bitcoin Bybit chart analysis
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 December 15.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
This is a one-way long position strategy on the Bitcoin 30-minute chart.
If you keep your current position on NASDAQ until 8:00,
It can be finished with a right-hand sidewalk.
Today, a guest came to my house, so I'll briefly summarize it.
*The arrow movement path is a one-way long position strategy.
The 5-minute trend reversal is in progress/stop loss is the green support line.
Follow the Nasdaq or if there is an upward wave,
Please pay attention to the light blue finger section at the bottom.
My analysis is simply for reference and use only.
I hope you operate safely with principle trading / stop loss essential
thank you.
December 16 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 1.73% over the last 24 hours and fell to an intraday low of $17,275.51. Bitcoin is trending downwards after reaching a one-month high of $18,387 around the latest macroeconomic data and policy update from the United States, suggesting investors are worried about the future outlook of the U.S. economy. The relative strength index (RSI) is near the midpoint, indicating a balance between supply and demand. If the BTC/USDT pair drops below the 20-day EMA ($17,215), it could fall into the $16,500 - $17,000 zone again.
Today’s Cryptocurrency Headline
Ren DAO to Vote on Plan to Mint New Funding Tokens
The Ren community, which oversees a DeFi protocol that issues wrapped crypto assets, is considering the minting of new tokens to raise capital after the collapse of Alameda Research left the project without access to its funds. The proposal proposes four options for minting amounts, including 50 million, 100 million, 150 million or 200 million REN tokens, and a fifth option to reject the entire plan. At the current token price, Ren could raise from $4 million and $17 million. As previously reported, Ren stated that due to the bankruptcy of Alameda Research, the funds provided to the Ren development team will only last until the fourth quarter. Ren is negotiating with investors to continue to promote development and plans to launch Ren 2.0 earlier than expected.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December 15 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
The U.S. Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at least an additional 0.75 percent of increases in borrowing costs by the end of 2023. Bitcoin is down 0.39% over the last 24 hours and fell to an intraday low of $17,565.00. The largest cryptocurrency rose above the $18,000 price level today, but the bulls are not able to hold the price above it, suggesting the sellers remain active at a higher level and investors are worried about the future outlook of the U.S. economy. If the BTC/USDT pair remains above the 20-day MA, the bulls will attempt to push the price above the $18,000 price level.
Today’s Cryptocurrency Headline
PayPal Partners With MetaMask to Offer Easy Way to Buy Crypto
According to a press release, PayPal will integrate its buy, sell and hold crypto services with MetaMask Wallet. Users will be able to choose to use their PayPal account to purchase Ethereum (ETH) within the MetaMask app while simplifying the process of transferring ETH from PayPal to MetaMask. Select U.S. customers can access the new offering beginning today as PayPal works to roll out the service to the rest of its U.S. customers over the next few weeks.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December14 Bitcoin Bybit chart analysis
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 December 14.
Bitcoin 4 hour chart.
On Nasdaq, first in the main section after the downside touch
The MACD Deadcross is in progress.
In today's interest rate announcement,
It is the center that can go up, down, and even sideways.
around the green support line.
Red upward / sky blue downward movement path check
I created today's trading strategy.
This is a one-way long position strategy on the 30-minute chart.
We played aggressively on the light blue finger movement path.
It was substituted into the Nasdaq movement as it is.
#green support line upside down
# It would be nice to see the sky blue support line in a right-and-down direction.
I aggressively focused on the light blue finger path.
Light blue finger movement path
long position strategy
In the first wave,
Autonomous operation of short position / stop loss when the red resistance line is broken
1. 17787.5 dollars long position entry section / stop loss when breaking the light blue support line / target price is 18299 dollars.
Depending on the Nasdaq movement and interest rate announcement, target the maximum top section
In case of unfavorable interest rate announcement,
Pay attention to the light blue support line and green arrow at 17442.5 at the bottom.
Today, I focused on whether or not to break the light blue support line.
In the case of a long-term trend, depending on whether the light blue support line breaks
You might want to continue taking the trend.
If you deviate to the deep blue section, you may be a bit golfy because the pattern will be broken from tomorrow.
Please note
In general, interest rate announcements rose together with the Nasdaq, so
If it does not exceed today's estimate of 4.5%, I think it will end moderately upward.
Looking at the contents of the presentation,
I don't change my expectations.
I don't think there is a need to raise interest rates further in the US.
Even if bad news came out anyway, because the calculation was carried out to the Bottom section
I'll predict the good news / 3.75% for fun.
If bad news comes out, depending on the situation of Bitcoin Nasdaq
Fire can be difficult this month.
Here is my analysis so far
Please note, use only
I hope you operate safely with principle trading / stop loss essential.
thank you.
December 14 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to the U.S. Bureau of Labor Statistics, U.S. inflation rose 7.1% versus the expectations of 7.3%. Core inflation, which excludes more volatile food and fuel costs, increased 6% versus expectations of 6.2%. Bitcoin is up 3.7% over the last 24 hours and rose to an intraday high of $18,000.00. The largest cryptocurrency hit new one-month highs on Dec. 13 as markets responded to U.S. inflation data with optimism. The relative strength index (RSI) is above 50, suggesting the bulls are dominating the market. If the outcome of the FOMC meeting is better-than-expected, the BTC/USDT pair could rise to the 50-day MA ($18,711).
Today’s Cryptocurrency Headline
Judge Approves Galaxy Digital's Deal to Acquire GK8
Judge Martin Glenn has approved the sale of cryptocurrency self-custody platform GK8 to Galaxy Digital, according to a court order issued on Tuesday. Terms of the deal were not disclosed, but Galaxy spokesman Michael Wursthorn said earlier that the price was materially less than what Celsius paid for it a year ago. About 40 people will join Galaxy's team, including blockchain engineers and cryptographers.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December13 Bitcoin Bybit chart analysis
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 December 13.
Bitcoin 4 hour chart.
Today's approximate Top Price and Bottom Price are displayed.
around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
This is a one-way long position strategy on the 30-minute chart.
Uptrend, pattern alive, no red flags
The Nasdaq is also in a good mood.
It's good if good news comes out,
If bad news comes out, I think you can operate it as a stop loss when breaking the green support line.
There may be sideways protection, but I entered aggressively, believing in a stop loss.
I'm opening my mouth below
You may miss the entry point.
Aggressively pursued long entry.
Is it necessary to be frightened by a movement that didn't happen beforehand?
I have a hand loss.
In the end it goes according to the chart.
*At the red arrow path
Long -> Short -> Long Switching Strategy
I think it would be nice to operate the middle wave individually.
1. $17386.5 chasing long position / stop loss when breaking the green support line
A suitable resistance line has not yet been created.
If you fail to break through the orange resistance line, the Bottom is open.
please note.
Please pay attention to the Nasdaq 10:30 indicator announcement.
In the case of the CPI, it is an important indicator that the trend may change.
I only look at charts
CPI, which had only bad news for a year, got its first good news on November 10th.
Personally, I think there is a high possibility that good news will come out today under various conditions.
In the interest rate decision tomorrow
Why did Russia and Ukraine benefit from the war?
Should the US raise interest rates more? I would like to.
If the Nasdaq low is broken, a long-term downtrend may proceed.
I think the whole world, including Korea, is on the way to ruin.
Of course, after the bad news today, the adjustment came out once
There is a possibility of a joke.
By the way, as explained at the top, there is a stop loss, but what's the problem?
Only those who deserve to eat can make money.
Beginners can see the situation from Thursday and operate it.
Please note that my analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you.
GoodLuck for the year-end fire.
December12 Bitcoin Bybit chart analysis
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 December 12.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
According to the real-time strategy
Pink parallel lines/ Orange parallel lines have been partially changed.
The Nasdaq proceeded according to a moderate upward trend.
It is an upward-sloping strategy to the Gap retracement at the top.
When the purple support line breaks, it is not good because the bottom section of this week's main peak is broken.
*At the red arrow path
long position strategy
Because it can be raised without adjustment
It would be good to try to re-enter after taking a long position.
*$16943.5 entry into long position / $17118 gap retracement short / until $16995.5 long switching
It would be nice to operate the stop loss based on the light blue support line breakaway standard.
The higher you raise the CPI as much as possible tomorrow, the better.
Be prepared for the worst case scenario, so keep that in mind.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
December 9 Bitcoin Bybit chart analysis
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 December 9.
Bitcoin 4 hour chart.
I left today's approximate top price and bottom price.
around the green support line.
Red upward / sky blue downward movement path check
I created today's trading strategy.
This is a one-way long position strategy on the 30-minute chart.
The strategy followed the Nasdaq movement.
*In arrow movement path
1. Entry into long position at $17171 / stop loss when breaking the green support line
The final target is $17,781
If you fail to break through the pink resistance line/orange resistance line
It can be connected to the Bottom at the bottom
Please pay attention to the Nasdaq movement.
sidewalk
It can close within the dark blue resistance/green support line.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you.
Elrond vs Tether | Up To 70% Potential Mapped (Early 4U)Hello my fellow cryptocurrency trader, I wanted to share a few charts for you before going back to meditation.
We looked at EGLDBTC but also the Tether pair, EGLDUSDT, is showing growth potential.
We are looking at short-term potential and conservative targets but keep in mind that there can always be more than what is mapped on these charts.
Cryptocurrencies, Altcoins, grow wild and strong.
There is high volatility but being conservative you can't go wrong.
My job is to give you a great entry.
My job is to call your attention to these pairs BEFORE they breakout.
If you manage to buy before the action starts, the rest becomes easy... You can just sell on the way up.
Once in the green, you've won.
Buy early and hold... Let the market take care of the rest.
Thank you always for your continued support.
Namaste.
December 9 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Coinglass, the negative premium rate of the Grayscale Bitcoin Trust (GBTC) expanded to 47.2%, a record low. Bitcoin is up 2.11% over the last 24 hours and rose to an intraday high of $17,300.00. The largest cryptocurrency break above the 20-day EMA ($16,983) today, suggests that the bearish momentum may be weakening. Neither the bulls nor the bears are clearly in the lead based on the flattish moving averages and the RSI near the midpoint. If buyers maintain the price above the current level, the BTC/USDT pair could rise to $17,622.
Today’s Cryptocurrency Headline
SEC Requires Companies to Disclose Cryptocurrency Exposure
The U.S. Securities and Exchange Commission (SEC) requires public companies to disclose whether they have exposure to crypto assets, including whether they do business with any crypto-related companies. Firms must disclose if they have direct or indirect relations with companies that have filed for bankruptcy, experienced excessive redemptions or withdrawals of crypto assets, maintain unaccounted crypto assets of customers and experienced corporate compliance failures. In addition, companies must describe how the bankruptcies of certain firms affected their businesses and that the company must take safeguards to protect its customers' crypto assets.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December 8 Bitcoin Bybit chart analysis
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
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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 December 8.
Bitcoin 4 hour chart.
Today's approximate Top Price and Bottom Price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
The 30-minute chart arrow path is a one-way long position strategy.
In the case of Nasdaq,
Because it is a rebound after touching the support line on the daily Bollinger Band chart yesterday.
There may be minimal rebound.
Golden crosses are also under way for major MACDs.
The indicator announcement at 10:30 is a variable.
It's not an important indicator, so it doesn't look like it's going to trend in the end.
Today, especially, it is more difficult to analyze recently because it is more horizontal.
The Nasdaq should rebound as much as possible this week
Bitcoin can expect up to 30K until next week's CPI and interest rate announcement.
# Small convergence section Purple support line / Pink support line In the convergence section
#Orange resistance line / green support line to the sideways section
In case of today's beat, if it goes down to the Bottom
Please note that it can be linked up to the 12 + day pattern.
Currently, the 12-hour Bollinger Band support line is rising.
Please pay attention to the Nasdaq movement.
*At the red arrow path
long position strategy
1. Entry into long position at $16822 / stop loss when breaking the green support line
$17039.5 long position target
Because there is little variation between
I reached the green support line, which was losing money, with plenty of time.
In the case of a right-down sidewalk, a light blue finger is displayed at the bottom.
Since the downside is open from below the green support line to near the Bottom
It would be nice if you could refer to it.
A minimal rebound on the NASDAQ today
After tomorrow, I couldn't break through
If you succeed in rebounding to near the black resistance line,
Because this month is not long
Result of analysis with technical indicators
Bitcoin has a target of up to 30K
If the sidewalk is long, it is thought to be a goal of about 24K.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you.
December 8 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 1.30% over the last 24 hours and fell to an intraday low of $16,666.66. The largest cryptocurrency drops below the 20-day EMA today, suggesting the bears remain active. If the price stays below the 20-day EMA for another few days, that could mean the bulls lose the short-term advantage and the price could remain stuck between $15,476 and $17,000 for a few more days.
Today’s Cryptocurrency Headline
Genesis Withdrawal Freeze Has No Imminent Solutions
Genesis' interim CEO, Derar Islim, said in a letter to clients on Wednesday that it could take weeks, not days, to resolve the freeze on withdrawals in the company's lending unit. The lending arm of Genesis in November was forced to suspend redemptions following the collapse of crypto exchange FTX. Genesis has since been trying to raise capital and/or reach an agreement with creditors. The brokerage also hired investment bank Moelis & Company to explore other options. In the letter, Islim also said Genesis was committed to being "as transparent as possible" with clients and was consulting with experienced advisors and working closely with its parent company, DCG. Genesis' other businesses, including trading and custody services, remain fully operational.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.