December 20 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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Bitcoin 30-minute chart.
There will be a Nasdaq indicator announcement at 12 o'clock tonight.
In the past few days, there has been a decline and a rebound without asking.
not a normal movement
Bollinger Band 1-hour chart within support and resistance lines
A sideways market is emerging.
This is a difficult section to make profits in both long and short terms.
With the Nasdaq reaching its highest point,
Substitute tether dominance movement
We have brought you the safest trading method.
You need to prepare a strategy according to the real-time situation.
Today is not hot,
I think it would be good to think of it as a lukewarm strategy.
*Sky blue finger movement path
Long position strategy
1. Section 1 at the top is only for the brave.
Short entry zone / Stop loss when the pink resistance line is broken (autonomous trading)
Wait for long position at $42229.5 / Stop loss when the light blue support line is broken
2. $43844 long position 1st target -> Good 2nd target -> Gap7 3rd target
There is an immediate upward trend at the current position or
If it does not break away from the purple support line
Please note that there may be a strong rise.
(Refer to those currently holding long positions.)
Yesterday, if you had taken a long stop loss
This is the long position profit zone.
It was a large and dangerous position.
Today is a day of reflection,
Stop loss is safe but tight
Now that we've done it, I think it would be nice to praise it if it succeeds.
After the current Nasdaq decline,
I'm supporting it
Please operate safely by checking real-time movement.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading/stop loss required.
thank you
