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BTCUSD Bybit Bitcoin Chart analysis January 15thHello, it’s BitcoinGuide. Please don’t forget to “Follow” me and press “Likes”. I will begin BTCUSD Bybit Bitcoin Chart analysis for January 15th This is 30m candle chart for yesterday. “To the Moon” It was the topic for yesterday’s live streaming. Quite embarrassing though. It was long position strategy. As the wave came out from the original analysis, we entered the long position while the wave was ongoing. I’ve check the converging section, And the price broke out 30m/daily/4H parallel resistance lines. The wave lacked a little bit, but it ended up following the route precisely. It was maximum $431 movement. And Bitcoin Cash , it is about 40% profit. Congratulations. This is daily candle chart. The new parallel line is made. For today, both the top & bottom lines are broken, but still we have uptrend ongoing. I brought strategy based on this idea. This is 30m candle chart. It is long position strategy. During uptrend, it is better not to open short position. To be brief, 1. Please check route A & B with long position entry timing and price point 2. In case of route A, please check the price does not go down below the entry point If it does, please put stop-loss on the route B’s final entry point (And make sure stop your loss when the price goes down below with an additional candle) Check whether the price goes above small smile face line, and then finally big smile face line. 3. In case of route B, please check the price does not go down below long position entry point with an additional candle If it does, call it a day with no position After entering long position, please refer to route A I’ve checked route A & B’s bonus points with finger pointers. You can also enter Bitcoin Cash when you enter Bitcoin right at the long position entry point. Hope you have a good day. Thank you. (Translation Jae Ho Shin)
BYBIT:BTCUSD.PLong
by BitCoinGuide
BTCUSD Bybit Chart Analysis for January 14th Hello “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. I will begin BTCUSD Bybit Chart Analysis for January 14th This is 30m candle chart for yesterday. As the bottom line for weekly & daily candle chart was broken, the price made the supporting line for a moment. It ended up drifting sideways following route B. After, if you look at the orange trend line, The price broke resistance line -> breaking parallel resistance line -> and finally breaking the mid term trend line. Now we are at correction period. The price went up sooner than expected. Congratulations for those who were holding at the bottom. Yet we still have power remaining at Bitcoin SV. So for today, we would like to enter Bitcoin Cash & EOS at right moment. Sometimes people ask me my perspective for mid term period. And I confirm my viewpoint in daily basis. This is weekly candle chart. Just like what I explained from last week, As the new weekly candle is created, we are at position where the price is trying to break out the middle line. If you look at the bottom, we are waiting for MACD Golden Cross. So I brought strategy based on this idea. Today’s strategy. Of course it is 30m candle chart. It was very tricky today. It is very hard to analyze the trend after a drastic movement came out. I will be brief. It is called, “Go for it” It is long position strategy. Please confirm long position entry timing with price point. Today we would like to start Bitcoin Cash too. If the price breaks out the smile face line, The uptrend will continue. If the price breaks out green parallel line -> daily candle chart /4H candle chart’s resistance line, there would be a strong shooting. Please refer to it. Just like the situation, I drew the trend bigger than normal. If the price comes down below parallel supporting line, call it a day without short position. Please take advantage of trailing stop loss to get the maximum profit. Hope you do well with it. I will come back to you with FX margin trading, overseas futures analysis. (sorry for yesterday as I had individual schedule) Thank you. (Translation Jae Ho Shin)
BYBIT:BTCUSD.PLong
by BitCoinGuide
January 14 BTCUSD Bybit Chart Analysis Hello “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. I will begin BTCUSD Bybit Chart Analysis for January 14th This is 30m candle chart for yesterday. As the bottom line for weekly & daily candle chart was broken, the price made the supporting line for a moment. It ended up drifting sideways following route B. After, if you look at the orange trend line, The price broke resistance line -> breaking parallel resistance line -> and finally breaking the mid term trend line. Now we are at correction period. The price went up sooner than expected. Congratulations for those who were holding at the bottom. Yet we still have power remaining at Bitcoin SV. So for today, we would like to enter Bitcoin Cash & EOS at right moment. Sometimes people ask me my perspective for mid term period. And I confirm my viewpoint in daily basis. This is weekly candle chart. Just like what I explained from last week, As the new weekly candle is created, we are at position where the price is trying to break out the middle line. If you look at the bottom, we are waiting for MACD Golden Cross. So I brought strategy based on this idea. Today’s strategy. Of course it is 30m candle chart. It was very tricky today. It is very hard to analyze the trend after a drastic movement came out. I will be brief. It is called, “Go for it” It is long position strategy. Please confirm long position entry timing with price point. Today we would like to start Bitcoin Cash too. If the price breaks out the smile face line, The uptrend will continue. If the price breaks out green parallel line -> daily candle chart /4H candle chart’s resistance line, there would be a strong shooting. Please refer to it. Just like the situation, I drew the trend bigger than normal. If the price comes down below parallel supporting line, call it a day without short position. Please take advantage of trailing stop loss to get the maximum profit. Hope you do well with it. I will come back to you with FX margin trading, overseas futures analysis. (sorry for yesterday as I had individual schedule) Thank you. (Translation Jae Ho Shin)
BYBIT:BTCUSD.PLong
by BitCoinGuide