November 29 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Glassnode, digital asset investment products saw outflows totalling US$23m in a continuation of the negative sentiment seen the previous week. Bitcoin is up 0.95% over the last 24 hours and rose to an intraday high of $16,386.66. The downsloping 20-day EMA ($16,895) and the relative strength index (RSI) in the negative territory indicate that bears are in command. If the BTC/USDT pair drops below the $16,000 price level, the sellers will try to pull the price to the crucial support at $15,476.
Today’s Cryptocurrency Headline
Abracadabra Calls On Sushi For Emergency Assistance
Abracadabra, the issuer of the algorithmic stablecoin MIM, revealed that the crypto assets worth 10 million US dollars are at risk due to the faulty oracle. It has submitted an urgent proposal to the Sushi Governance Forum, asking the Sushi team to increase interest rates for two Bento vault ‘cauldrons’ holding $10M worth of cvxRenCrv and yvcrvstETH tokens. Abracadabra’s lending infrastructure is built on top of Sushi’s Bentobox protocol, meaning that interest rate changes must be approved by the multi-signature contract that controls Bentobox. Abracadabra said that both tokens are not used in any way on SushiSwap, with cvxRenCrv comprising a token wrapper specifically made for Abracadabra, while yvcrvstETH is an interest-bearing token issued by yield aggregator Yearn Finance.
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
November 28 BTCUSD BingX Chart Analysis and Today's HeadlineAccording to Glassnode, the number of addresses holding more than 0.1 Bitcoin reached an ATH of 4,069,920. Bitcoin is down 2.03% over the last 24 hours and fell to an intraday low of $16,102.32. The largest cryptocurrency holds its $16,500 perch as the U.S. Thanksgiving holiday weekend begins. But the price suddenly dropped during the Monday morning of the Asia market, suggesting the investors believe that there is still uncertainty in the current market. If the BTC/USDT pair drops below the $16,000 price level, the pair could retest the November 21st low of $15,461.
Today’s Cryptocurrency Headline
NEAR Foundation Releases Transparency Report
The NEAR Foundation publishes a transparency report on its official website. The total number of live accounts has been increasing rapidly, up to a total of 22 million. At present, new accounts are created on NEAR at an average rate between 35,000 and 38,000 new accounts per day. This number is down from the week before, which averages 37-39,000 accounts per day. The number of tokens in the circulating supply has been steadily increasing at a faster rate than the total circulating supply. In the past week, 3 million more $NEAR has moved from locked contracts to circulating, taking the number of circulating tokens from 827 million to 830 million.
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.
Cosmos | Altcoins, Bitcoin, The Merge, Bullishness Awakens & ...If not now, when?
See, we shared FTMUSDT yesterday and it is starting to grow.
We shared LINKBTC and this one is also... As well as RENBTC/RENUSDT, APE, SUSHI, WAVES, etc.
Do you think Bitcoin and the Merge will let everybody go ahead and just stay out of the game?
Maybe but maybe not.
They are bigger so it takes longer for the acumulation phase to take place... But they will also move.
The fact that the smaller altcoins are moving is a bullish signal for the bigger ones.
ATOMUSDT Quick:
Bullish pattern.
Moving above EMA10.
Strong RSI.
Today green.
I believe this one too can grow...
Not guessing, we will wait and see.
Time will tell if we can read.
Namaste.
November 25 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
The latest Federal Open Market Committee (FOMC) released minutes yesterday, which shows that “A substantial majority of participants judged that a slowing in the pace of increase would likely soon be appropriate.” Bitcoin is down 1.53% over the last 24 hours and fell to an intraday low of $16,449.62. Despite the good news from FOMC, the market sentiment is still weak as The Crypto & Fear Index is still in the extreme fear territory. The market is still focusing on the liquidity issue of Genesis Trading, and if Genesis Trading solves its liquidity issue in the next few days, the BTC/USDT pair could rise to $17,500.
Today’s Cryptocurrency Headline
Ledger Rolls Out ‘Crypto Life’ Debit Card
Crypto wallet maker Ledger is rolling out its crypto debit card across the UK and Europe. Ledger’s Crypto Life (CL) card allows users to transfer cryptocurrencies between Ledger hardware wallets and card accounts through the companion app Ledger Live. Developed by London-based fintech firm Baanx, CL is similar to other crypto cards already launched, allowing customers to earn 1% crypto rewards in Bitcoin or USDT, or 2% in Baanx’s native token BXX when they spend funds. Lithuanian banking-as-a-service provider Contis Financial handles custody of all funds kept on the card.
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.
November21 Bitcoin Bybit chart analysis
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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,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for November 21.
Bitcoin 4 hour chart.
In the case of the Nasdaq, there are no important indicators announced today.
There is a high possibility of crossover.
Green parallel line based on rightward sideways
In the case of a beat, it is also a condition for rising without adjustment.
Please note.
Today's approximate Top price and Bottom price are displayed,
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.
In fact, if it breaks through the purple support line today,
not very good
The light blue support line is the area that overlaps the previous low.
The bottom is wide open.
It should be supported at least within the green support line and made about upward.
Bollinger Band 4 -> 6 -> 12
Gap retracement may occur
To do that, we need Nasdaq's help, but
In Bitcoin, don't ask, the rebound should come out.
(Since it is 2 touches of the support line on the 12-hour chart, it is a strong position for a rebound.)
*At the red arrow path
long position strategy
1. Entry into long position at $16066.5 / stop loss when breaking the green support line
2. $16,406 short position operation section / stop loss when the orange resistance line is broken
3. $16191.5 long position switching / stop loss when breaking the green support line
Today's goal is the Gap retracement section at the top.
I'm bored with the constant sidewalk
When the upper red/dark blue resistance line is broken through
Please note that it can be linked to a strong uptrend.
My analysis is simply for reference purposes only.
US Dollar, Tether Dominance, Better Than Bitcoin
Nasdaq movement is the most important, so while paying attention to Nasdaq movement in real time
I hope you operate safely with principle trading / stop loss essential.
thank you.
November 24 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 1.23% over the last 24 hours and rose to an intraday high of $16,798.00. The Crypto & Fear Index is still in the extreme fear territory, and the relative strength index is below the midpoint, suggesting that the market sentiment is still weak. The liquidity issue of Genesis Trading remains unresolved, but the firm confirmed that it has hired investment bank Moelis & Co to talk with potential investors today. If Genesis Trading solves their liquidity issue in the next few days, the BTC/USDT pair could rise to $17,500.
Today’s Cryptocurrency Headline
DBS Completes Fixed Income Trade on Onyx
Singapore-based DBS Bank said it has completed transactions in fixed-income products through Onyx, JPMorgan Chase's blockchain-based fixed-income trading network, becoming the first Asian bank to use the network. BNP Paribas previously joined JP Morgan's blockchain network Onyx for fixed-income trading. Goldman Sachs (GS) has also tapped JPMorgan's network Onyx for repo transactions.
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.
November 23 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 1.91% over the last 24 hours and rose to an intraday high of $16,294.00. The largest cryptocurrency rebounded above the $16,000 price level today, but there is no clear signal that the price has reached the bottom. The liquidity issue of Digital Currency Group and Genesis Trading remains unresolved, investors need to maintain a risk-off stance against the potential bankruptcy of Genesis Trading. However, if Digital Currency Group and Genesis Trading solve their liquidity issue in the next few days, the BTC/USDT pair could rise to $17,500.
Today’s Cryptocurrency Headline
Ark Invest is Buying Millions of GBTC Shares
Cathie Wood's Ark Investment Management is buying millions of dollars in GBTC stock. Ark Invest Management bought more than $1.4 million worth of GBTC stock on Monday and bought 315,259 GBTC shares worth $2.8 million last week. Ark currently holds nearly 6.357 million GBTC shares, accounting for 0.4% of the company's total investment.
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.
November 22 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to CoinShare, digital asset investment products saw inflows totalling US$44m last week, but short investment product inflows represented 75% of the total inflows. Bitcoin is down 1.1% over the last 24 hours and fell to an intraday low of $15,461.92. The largest cryptocurrency fell below the November 9th low of $15,588 after the news of Genesis Global Trading could face potential bankruptcy came out, suggesting that the investors are extremely nervous about the potential bankruptcy. As Genesis Global Trading is considered the largest lending desk in the cryptocurrency industry, the fall of Genesis Global Trading could damage the cryptocurrency industry heavily, and the BTC/USDT pair could drop to $12,000.
Today’s Cryptocurrency Headline
Genesis Trading Warns of Possible Bankruptcy
Genesis Global Trading has mentioned bankruptcy as a potential option as it seeks fresh capital. Its financing target has been halved from US$1 billion to US$500 million. Parent company DCG is unwilling to sell part of its venture portfolio and has no plans to sell another company, Grayscale. According to previous news, Genesis Global Trading has suspended redemption and new loan issuance. DCG said that the business operations of other subsidiaries have not been affected, and DCG has injected $140 million in equity into Genesis Global Trading.
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.
November 21 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 2.84% over the last 24 hours and fell to an intraday low of $16,123.01. The largest cryptocurrency continues to trade in the $16,000 – $17,000 price zone during the weekend as investors continue to maintain a risk-off stance. The downsloping moving averages and the relative strength index (RSI) in the negative zone, indicate that the bears are in control. If the BTC/USDT pair drops below the $16,000 price level, the pair could retest the November 9th low of $15,588.
Today’s Cryptocurrency Headline
Crypto Financial Services Firm Unchained Capital Cuts About 15% of Staff
Unchained Capital, a crypto lending platform, announced about 15% layoffs and transferred its head of business development, Parker Lewis, to the board of directors, and chief product officer Will Cole to a senior advisory position. Company co-founder and CEO Joe Kelly said on Friday that while Unchained has never had exposure to FTX, Alameda, or any other institutions which have lost client funds, "funding for bitcoin-backed loans has been materially constrained by recent market events." On the other hand, Joe Kelly pointed out that the company is seeing record highs in new client numbers, Bitcoin deposits, and trading volumes, and the loan book currently has a 214% collateral-to-principal ratio.
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.
November18 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 November 18.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
around the green support line.
Red upward / sky blue downward movement path check
I created today's trading strategy.
Bitcoin 30-minute chart, one-way long position strategy.
For time reasons, the Nasdaq analysis is omitted.
Contrary to tether dominance, it seems that it will take time to work thinly on phonemes.
I'm sorry for yesterday's sideways movement until today's possibility of soaring.
Instead, we marked the Good -> Great section at the top until the weekend.
Above all, the Nasdaq movement is important,
Please check in real time.
*At the red arrow path
Long -> Short -> Long Switching Strategy
1. Entry into long position at $16,734 / stop loss when breaking the green support line
2. $17433.5 entry into short position / stop loss when strong blue resistance line is broken
3. Long position switching at $16,938 / stop loss when breaking the green support line
When the green support line breaks
Bottom section at the bottom is the only support line,
Following the Nasdaq move
Pay attention to the shape of the main Bollinger Band support line in real time, as it can be damaged while walking sideways.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
thank you.
November 19 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Circle's official website, over the last seven days, the amount of USDC in circulation, as of November 16th, has increased by about $2 billion, or about 4%. Bitcoin is down 1.74% over the last 24 hours and fell to an intraday low of $16,529.69. The largest cryptocurrency continues to trade in the $16,000 - $17,000 price zone as investors remain cautious to assess the negative impact of the FTX crisis on the cryptocurrency industry. If another large cryptocurrency company becomes insolvent, the BTC/USDT pair could retest the November 9th low of $15,588.
Today’s Cryptocurrency Headline
Sui Testnet Wave 1 Goes Live
According to the official announcement, Sui, the Layer 1 public chain developed by Mysten Labs, announced the launch of Testnet Wave 1, which focuses on operators, especially validators and full-node operators. The Testnet Wave 1 network will run for approximately two to three weeks and will be closed when the goal is achieved. This is the first instance of a Sui Network working with non-Mysten Labs operators, and an important step towards a decentralized Sui Mainnet.
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.
November 18 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 1.04% over the last 24 hours and rose to an intraday high of $16,987.00. The largest cryptocurrency has been trading sideways between $16,000 to $17,000 since 12th November, and the volume has decreased significantly, suggesting that investors continue to maintain a risk-off stance. If the price sustains below $17,000, it will increase the prospect of a break below $15,588. If that happens, the BTC/USDT pair could extend its decline to $12,200.
Today’s Cryptocurrency Headline
Nexo Made a $850 million Takeover Offer to BlockFi
Crypto lending firm Nexo made an unsuccessful bid to acquire struggling rival BlockFi for $850 million in July. The deal includes the acquisition of a 51% stake in BlockFi for $30 million and a $500 million line of credit. The offer was made in July when BlockFi was in financial trouble after losing $80 million on its exposure to Three Arrows Capital. BlockFi rejected Nexo's offer and chose to stick with a non-final deal with FTX.US.
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.
November16 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 November 16.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
around the green support line.
Red upward / sky blue downward movement path check
I substituted the Nasdaq movement.
The 30-minute chart is a one-way neutral strategy.
In the case of Nasdaq, overall movement is not bad.
The 6-hour chart MACD dead cross is in progress, but
After the rising touch, it doesn't seem to be very important because it is advantageous in terms of pattern.
Instead, I calculated it as a pattern in Tether Dominance.
It seemed difficult for bitcoin to rise in a short period of time.
About this week, as Bitcoin makes higher lows,
If you keep your seat well, it is a condition that can rise significantly.
The most important one is the NASDAQ.
Nasdaq -> Bits + Tether Dominance
remember the relationship
In accordance with the Nasdaq movement, Bitcoin also bet on the upward trend.
*In arrow movement path
Long -> Short -> Long Switching Strategy
1. Entry into long position at $16649.5 / stop loss when breaking the green support line
2. Entry into short position at $17076.5 / stop loss when orange resistance line is broken
3. 16691 bull long position switching / stop loss when breaking the light blue support line
If rebound fails, in Tether Dominance
Because it reaches the rebound section, a correction can come out strongly once.
Please note
If you hold on to this section well, the conditions for a strong rise are created.
In the case of a green support line, please note that a movement that continues to raise the low can be connected.
Keep an eye on the Nasdaq movement.
Let's hold on well this week.
I have a health checkup tomorrow, so I don't think I'll be able to do my daily activities inevitably.
Please excuse me
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
November 17 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 1.64% over the last 24 hours and fell to an intraday low of $16,363.63. The largest cryptocurrency attempted to recover after a few days of decline but the recovery ended quickly, suggesting that investors continue to maintain a risk-off stance. The relative strength index (RSI) is in the negative territory and the Crypto Fear and Greed Index is in extreme fear territory, suggesting the market sentiment is weak.
Today’s Cryptocurrency Headline
Genesis Trading’s Lending Unit Halts Customer Withdrawals
The lending arm of crypto investment bank Genesis Global Trading is temporarily suspending redemptions and new loan originations, interim CEO Derar Islim told customers on a call Wednesday. Genesis is looking at solutions for the lending unit, including finding new sources of liquidity and intends to detail its plans to clients next week. In addition, Derar Islim said that Genesis's trading and custody business operates independently and will not be affected.
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.
November 16 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is currently trading near $16,900. However, the overall trend of the cryptocurrency market is still downward. BTC yesterday after falling back to $15,800 this support level encountered a strong rebound, pulled up to $16,800 for a short period of sideways volatility, which shows that the current bulls expectations are still high. Bitcoin recently experienced its highest daily and weekly trading volume ever. Entering the current volatility is a risky strategy. Instead, it is still safest to wait for bullish price and volume confirmation before entering low-risk crypto trading.
Today’s Cryptocurrency Headline
Digital Asset Basic Act in South Korea Is Expected to Be Introduced Next Year
Kim So-young, vice-chairman of South Korea's Financial Services Commission, said that given the urgency of protecting users, basic regulatory standards should be set first and supplemented, rather than waiting for international standards. The FTX crisis has shown the need for regulatory mechanisms to prevent unfair trading and ensure that virtual asset service providers meet their obligations to protect user assets, while service providers should be prohibited from issuing tokens. South Korean government officials are currently drafting a comprehensive regulatory framework, known as the Digital Asset Basic Act, which is expected to be finalised next year. The bill will be made up of 13 proposed crypto legislation currently before Congress.
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.
November15 Bitcoin Bybit chart analysisHello.
“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 15.
Bitcoin 4 hour chart.
I left today's approximate Top and Bottom prices.
around the green support line.
Red upward / sky blue downward movement path check
I made a trading strategy by substituting it with Nasdaq.
This is a one-way long position strategy on the Bitcoin 30-minute chart.
To be precise, it is a long -> short -> long switching strategy.
The US exchange rate has fallen dramatically.
The Nasdaq atmosphere looks very good today.
Because beats have a thick phoneme, it seems like it will take time in reality.
Substitute the Nasdaq movement as it is
I saw the game on the green support line.
*At the red arrow path
1. 16764.5 dollar long position entry section / Stop loss when breaking the green support line / If it does not break the pink support line shown, it is open up to the top section.
(It can be pushed up to the purple support line with an upward wave, and start with a chase long strategy in case you miss the entry point)
2. 17722 dollars short position switching / stop loss when the red resistance line is broken
3. $16907.5 long position switching / stop loss when breaking the green support line
After that, it is a strategy for finishing to the right along the green parallel line.
A few more support lines could be drawn below the green support line.
It went on tight.
The Bottom section at the bottom is the last support line.
If the current position breaks through the pink resistance line, the support line can continue to rise.
My analysis is for reference only, please.
I hope you operate safely with principle trading / stop loss essential.
thank you.
November14 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 November 14.
Bitcoin 4 hour chart.
Today's approximate Top and Bottom prices are displayed.
around the green support line
Check the red up/light blue down movement path
In the case of Nasdaq, ahead of the upper gap
3-hour chart MACD deadcross in progress,
The pattern is fine, but on the signal
You have reached the midpoint of an upward trend or correction.
based on the above
I made today's trading strategy.
This is a 30-minute chart one-way long position strategy.
Today, I bet everything on the green support line.
Because it is a rebound in the 6-hour support line touching section with the lowest point in front of us
Except for variables such as the Nasdaq crash, we decided that it would not be an easy place to die.
It's a place with some power.
A bullish case could end at the red resistance line.
*One-way long position strategy when moving the red arrow
1. $16705.5 Chasing Long / Stop Loss when breaking the green support line
(The pink and purple support lines drawn on the basis of the parallel line must be maintained without breaking.
You can go up to the top at the top. )
2. $17396.5 short position switching / Stop loss when the red resistance line is broken
From this point on, it seems advantageous to focus on long positions rather than short positions.
3. 16824 long position switching / Stop loss when the green support line is broken
The final target is $18778.
When adjustments are made directly from the current position
I think it would be good to wait for a long position in the sky blue finger section at the bottom.
I left a variable
The bottom section / sky blue support line at the bottom can be directly connected to the previous low.
It's very dangerous.
Since the rebound was successful, it is not indicated separately, but
Please note that until this week, up to 13.6K is open.
My analysis is for reference only.
Principle trading / Stop loss is essential, I hope that you operate safely.
thank you.
November 14 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Glassnode, ETH balance on exchanges reached a 4-year low of 20,099,642.608 ETH. Bitcoin is down 3.64% over the last 24 hours and fell to an intraday low of $16,079.00. The largest cryptocurrency extended its losses during the weekend as the FTX exchange has recently announced bankruptcy after facing a massive liquidity crunch. Rumors about another major crypto exchange also facing a liquidity crunch have spread on Twitter. If more CeFi providers fail in the upcoming weeks, the results could be devastating for crypto investors.
Today’s Cryptocurrency Headline
DFPI Moves to Suspend BlockFi’s Lending License
California Department of Financial Protection and Innovation (DFPI) announced that it will suspend the license of cryptocurrency lending platform BlockFi in the state for at least 30 days. The DFPI is investigating BlockFi’s compliance with the laws within the Commissioner’s jurisdiction, including the California Financing Law. The founder of BlockFi said on November 9 that all products are operating normally and the company is a business entity independent of FTX. Earlier this year, following the bankruptcy of Three Arrows Capital, BlockFi agreed to a potential acquisition deal with FTX, which provided BlockFi with a $400 million line of credit.
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.
November11 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 November 11.
Bitcoin 4 hour chart.
Today's approximate top price, bottom price
around the green support line
Check the red up/light blue down movement path
In the case of Nasdaq
Today's main chart MACD Golden Cross is in progress.
We are about to touch the center line of the main Bollinger Bands chart.
The pattern is alive, and the signal is a strong upside condition.
Based on the above, we have created today's trading strategy.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
In the case of Bitcoin, the 6-hour MACD Golden Cross is in progress.
In the case of the Nasdaq, the upper side seemed to be advantageous, so we applied it as is.
* When the red arrow moves
Short -> Long Switching Strategy
Currently, it has a bearish advantage as it has touched the 30-minute support.
Even if it rises, it seems difficult to raise it at once
I had a wave once in a while.
* I think it would be better to focus on the long position of $17275.
Pay attention to the green parallel line in the case of right-facing,
If the green support line breaks today, there seems to be no clear support line.
When the previous low / main chart support line is broken
Please note that it may continue to be delayed as it was yesterday.
I had a personal problem today, so I couldn't focus on the analysis.
While observing the main section,
The analysis is for reference only.
Principle trading / Stop loss is essential, I hope that you operate safely.
You've worked hard this week too. have a nice weekend everyone
thank you.
November 11 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
With the outbreak of the FTX liquidity collapse event, major cryptocurrencies are facing the crisis of Lehman storm. Cryptocurrencies extended their sharp decline yesterday. But as Asian markets opened, Bitcoin climbed back above $16,000. The release of better-than-expected inflation data at the same time caused a sharp rebound in Bitcoin to near $17,000. The continuation of this round of cryptocurrency rally still needs to be carefully observed.
Today’s Cryptocurrency Headline
Shell Plans to Launch a Liquid-Cooling Solution for Bitcoin Miners Next Year
Shell, one of the world's largest oil and gas companies, will kick off its Bitcoin mining initiative at the 2023 conference in Miami, where the company will showcase its new liquid-cooling solution aimed at improving the bitcoin mining industry, according to Bitcoin Magazine.
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.
November10 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 November 10.
Bitcoin 4 hour chart.
Today's approximate Top and Bottom prices are displayed.
around the green support line
Check the red up/light blue down movement path
In the case of the Nasdaq, it has touched the 3-hour support level.
In case of bad news from CPI
It's important to keep moving upwards.
If it fails to rebound and goes sideways
It is necessary to make an upward wave without departing from the main section.
If the rebound fails, Bitcoin is more likely to go down to the bottom.
Please note.
I made today's trading strategy.
This is a 30-minute chart one-way long position strategy.
If you look closely,
Long -> short -> long switching strategy.
You've created a strategy that's reckless, even nonsensical.
Currently, all sections are open except for the green support line.
Because it is on the downtrend by touching the Bollinger Bands support line on the main chart.
This is the lowest point of the week if kept, and a spot where further declines can occur if broken.
I bet on the green support line
The trend also went up and down, much stronger.
I decided that the support line could be stopped at the green support line only after a rebound like this.
When the green support line is broken, pay attention to the bottom section.
In case of damage or departure late in the morning
Please note that there may be a continuous drop from tomorrow onwards.
Nasdaq downtrend
Bitcoin is open below the next support line in the order of around $10000 -> $7594.
Beginners who want to operate long positions on the margin of the spot exchange
We strongly recommend that you open your mouth at the bottom or operate it after tomorrow.
* When the red arrow moves
Long -> Short -> Long Switching Strategy
1. $16248.5 long position entry section / Stop loss when leaving the green support line
2. 19472.5 USD short position switching / Stop loss when the red resistance line is broken
(Check if the orange resistance line is broken. If the breakout fails, the green support line or the previous low may be broken.)
3. $16493.5 long position switching / Stop loss when the green support line is broken
Even if it is damaged, it would be good to see the shape of the Bollinger Bands and try to win the final rebound.
Today's strategy is to shake up and down rather than for good news.
I want you to think of it as a wave.
Since the results in CPI were good, I thought about it for a long time today and came up with a strategy.
Nasdaq movement is the most important,
Keep an eye out for Nasdaq.
My analysis is for reference only.
Principle trading / Stop loss is essential, I hope that you operate safely.
Stay alive and see you tomorrow morning.
Thanks for reading.
November 10 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin extended its losses yesterday, briefly dipping below $16,000 and breaking through an earlier support point. In the short term, bitcoin is currently fluctuating in the range of $15,000 to $18,000, with upward pressure near $18,500. The bearish trend in bitcoin has strengthened at the daily level.
Today’s Cryptocurrency Headline
Twitter Subsidiary Registered With FinCEN as a Money Service
According to a registration filing with The U.S. Financial Crimes Enforcement Network (FinCEN), the Twitter subsidiary registered its money services business with FinCEN on November 3. The registered entity is Twitter Payments LLC, according to The Block. The company was founded in Washington State in August. FinCEN oversees the activities of the US money services business, which is part of the Treasury Department and to which registered companies must report suspicious transactions. The filing came shortly after Musk bought the company for $44 billion, and Musk had previously considered turning Twitter into a so-called "everything app." According to Reuters, Musk has talked about expanding Twitter's service to include encrypted payments.
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.
November 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 November 9.
Bitcoin 4 hour chart.
Today's approximate top price, bottom price
Yesterday, I killed both short -> long
While touching the bottom first,
There is movement in the direction of a downtrend.
It is a rebound section after the daily peak main peak support line was touched.
This is a place where you can get a V-shaped rebound.
It's a lot less powerful than expected.
around the purple support line
(In the middle, the wave and support line are
This is the last uptrend line that was forced.)
In the current situation, it is not easy to fall to the bottom at once.
You can play around the maximum double bottom / near the green support line.
Please be careful.
Check the red up/light blue down movement path
I made today's trading strategy.
Bitcoin 30-minute chart one-way long position strategy.
In the case of the Nasdaq, there are no significant indicators released today.
Even if it goes down, it looks like a right-to-down sideways trend.
Daily chart MACD Golden Cross is in progress
Whether or not the 12-hour chart Golden Cross will be connected is an important situation.
Before the CPI announcement tomorrow, I think there will be a moderate sideways trend.
Conversely, in the case of Bitcoin,
After the downward touch, a downtrend is in progress.
They even touched the 2-3 hour support level.
Yesterday's daily weekly chart support line was judged to be valid until this week.
Today, I put weight on the double floor.
The beat always goes before a big trend change.
Just like yesterday, after killing both short and long and breaking the lowest point once
Good moves have been repeated.
I've been making the most realistic strategy rather than uselessly upside-down strategy.
I hit the 3-hour support/downtrend line.
Today, the best condition is to maintain the purple support line.
In addition, we have prepared a stop-loss strategy when breaking out of the support line.
* When the red arrow moves
Long -> Short -> Long Switching Strategy
* From current location or detour
You can touch 16817.5 dollars, so we will focus on this section. (As the 1-hour chart MACD dead cross is in progress, a rebound is possible after at least 8pm)
Touch the $18595 orange resistance wire at the top
After rubbing it, a rebound from the purple support line may come out depending on the Nasdaq movement.
After that, I wish you good operation in real time.
My analysis is for reference only.
Principle trading / Stop loss required
It's a comment I leave every day, but did you feel the pain yesterday?
Even the same information is a source of profit for some and resentment for others.
I want you to think for a moment about what is and whose fault is it.
Don't forget to buy in principle today / Stop Loss is essential
I wish you good luck
thank you.