December 17 BTCUSD Bybit Chart Analysis
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 17.
At the top is the movement after the private finish.
It is difficult to come up with a trend market under various conditions.
In the initial strategy, we proceeded without modification as much as possible.
I checked the main section with a black finger
As indicated in the strategy
*First arrow Existing entry digit 48703.5 long / $590 profit section
*$49212 short / $1540 profit section
The final $47751 was the long position switching section.
As the crosswalk lengthens in the middle,
The green support line broke to the right.
We are walking sideways along the orange parallel line we marked.
It is a profit section of about $2200 round trip.
Congratulations to all who earned
It was disappointing that the miraculous rebound did not happen as expected.
Still, I think I did pretty well on the sidewalk.
I was lucky
As always, cheer up the members,
happy friday
We have prepared a hot strategy.
4 hour chart
Today's approximate top price and bottom price are displayed.
Because the pattern has been broken since morning
A strong drop may occur in the risk zone.
And the ichmoku blue cloude + MACD deadcross situation.
I have a lot to show today, so the colors aren't enough.
I also drew a sky blue parallel line in the middle.
If This section is broken , decline zone
Please remember that it does not serve as a support.
Red up / sky blue down movement path check
I made today's trading strategy
Today too , This is a 30-minute chart one-way long position strategy.
It's not a only long strategy.
This is a short -> long switching strategy.
I don't know how big the rebound will be today.
Please note that this is a dangerous area as described above.
I wrote only the mark in the long position
* When the light blue finger moves
Short -> Long -> Short switching strategy.
1) $48,181 short position entry section / Stop loss when the orange resistance line is broken
If it breaks through, I think there will be a short wait near the red resistance line.
2) 46321 long position switching section / Stop loss when the green support line is broken
Because there is no answer if the green support line is broken today
Please check the bottom section to the next digit.
All strategies are considered a failure when the green support line is broken.
Even if I think about it, it's really mean to me.
3) $48947.5 long position target and short position operation section / Stop loss when the red resistance line is broken
as i know
There are two types of Real Rebounds.
1. The day before, I did not deviate from the danger zone and supported it well.
Forced support without departing from the main section
strong merona bim.
2. A strong merona bim that comes out by precisely touching a solid support line
For those who do not know about Jinban, etc.
With one or two candles, up to the BB 4-hour chart resistance selection based on the ball ban
It should be a strong hitting movement.
Today, I'm coming out of a solid support line precisely in the latter.
Strong rebound / It is a strategy to dream of a miracle that could not be achieved while walking sideways yesterday.
For those who like spot exchanges / long positions
You can pay attention to the final long position entry timing.
For an uptrend, it should be near the sky blue resistance line above the previous level.
I have to touch the gap that I couldn't reach today.
I'm also very frustrated
Good luck everyone and good luck with your short-term trading
My analysis is for reference only.
Principle trading / Stop loss required
Have a nice weekend
I'll end it here without further comments
thank you
