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Bybitsignal

LONG #Bitcoin #Long to #Short, #Bearish #BAT & #DoublebottomIf you have been following me for a while then you know I am a huge fan of Double bottom & double Top, they are one of the simplest patterns that you can find on the chart, I have been trying to learn BAT/Cypher patterns & the only way to do it is practice So here's another one why I feel this is the double bottom is the cause of we have been seeing some consolidation around the support, Also there is a triangle forming I mentioned yesterday that I am interested in longing if the daily candle is able to close above 7181 & I feel there is one final push left in the tank on the upside before we head down to lower levels of the wedge - So risk-takers can enter a long trade based on the chart, Manage your position size accordingly & Never trade more than you can afford I will also enter short as per my previous analysis - It is still valid only delayed, You can track that idea here make sure to leave a comment & if you agree then hit that thumbs up #DYOR remember I am not a financial advisor & this are all just my thoughts :)
BITMEX:BTCUSD.P
by TradingV2
December 31 BTCUSD Bybit Chart analysis Hello, it’s BitcoinGuide. There were lots of things in 2019. I wish I could have done better, as I sincerely appreciate all your supports always. I will continue all my efforts next year too. Wish you all good luck and happy new year. Today, don’t forget to “Follow” me and press “Likes”. I will begin BTCUSD Bybit Chart analysis for December 31th This is analysis for yesterday. It was route B movement. I’ve also mentioned about orange trend line. As the price went down below the converging section, it dropped until the target point. The price precisely touched the weekend gap difference and had a rebound. It was about $170 movement. Congratulations. This is 4H candle chart. There was a weak rebound in the morning. And I brought a strategy based on this. This is 30m candle chart. I will briefly explain. 1. Please refer to route A & B with A’s long position entry timing / B’s short position entry timing / with each price point of $7,242 2. In case of route A, please check it does not go down below the long position point (If it does, follow route B) Finally, check whether the price touches final smile face line. We are at safe zone at this point 3. In case of route B, please check the price goes above short position point. (Typical short position entry point). If it does not go down, please check out route A. When the price goes down below green parallel line with an additional candle, please enter short position This is it. I’ve indicated 2 blue finger pointers, red finger pointer as bonus points. Hope you cope well with it. Hope you have a good day. I will come back to you with FX margin trading, overseas futures analysis in the afternoon. Thank you. (Translation Jae Ho Shin)
BYBIT:BTCUSD.P
by BitCoinGuide
December 27 BTCUSD Bybit Chart Analysis Hello, it’s BitCoinGuide. Hope you are doing well. Please don’t forget to “Follow” me and press “Likes”. I will begin BTCUSD Bybit Chart Analysis for December 27th This is 30m candle chart for yesterday. I’ve deleted unnecessary parts. After the price went up along with route A, I’ve pointed out the orange trend line below and $7,261 price point. And you can also check out the converging section between them. The price had a rebound at the location where red finger pointer is at. It broke out $7,261 strongly and then touched the smile face line once with a correction. The price correction was stronger than expected. I also emphasized several times how to cope with the situation in real time. So I believe you must have dealt with it well. It was about $260 movement. Congratulations. Yesterday my trading strategy for BTCUSD & USDCAD was turned out to be perfect, however, the actual trading ended up with stop-loss. It was very hard to do the live streaming and simultaneously do my trading. I had to show you and explain about everything. So lack of time enabled me to freely switch and change my positions for the trading. If I were not able to analyze, I won’t be regretful. But not being able to just follow the perfect strategy I’ve made was a bit irritating. However, It’s my decision so I have to deal with it. This is BTCUSD daily candle chart. The new candle is made right at the middle line of Bollinger band. And today is the last day for CME futures. We often see two kinds of movement on the last day. A strong movement comes out when the balance is broken. Or the price ends up with drifting sideways. Currently we have a candle precisely at the middle line. So I brought a strategy based on this. This is 30m candle chart for today. I will briefly explain. 1. Please check route A & B with entry timing / A’s long position entry timing / B’s short position entry timing with the price point ($7,273) 2. Route A : Please check whether the price goes down below the entry point. If it does please follow route B / Carefully check whether the price touches the final smile face line 3. Route B : Please check whether the price goes down below $7,161 with an additional candle If it does, please enter short position / When the price falls at this point, it could go down to $6,800 4. Finally check out the bonus entry points, blue finger for route A and red finger for route B This is it. I’ve indicated converging section between two orange trend lines. So I hope you cope well with it. Hope you have a good day. I will come back to you with FX margin trading, overseas futures analysis. Thank you. (Translation Jae Ho Shin)
BYBIT:BTCUSD.P
by BitCoinGuide
December 26th XBTUSD Chart Analysis Hello. Hope you had a wonderful Christmas. Today I am quite overload with my works so my analysis is a bit late. Please don’t forget to “Follow” me and press “Likes”. I will begin XBTUSD BitMEX Chart Analysis for December 26th (Tomorrow the chart will be changed to Bybit) This is 30m candle chart on Christmas Eve. I’ve deleted unnecessary parts. I already explained you on the live streaming so I will be brief on here. Based on the downtrend signal from $7,700 on 4H candle chart, the price followed route B. Right after touching the weekly CME Gap, a short rebound came up forward. I already entered short position and my stop loss was $7,481. I planned to keep my position if the price does not touch or just touches $7,481 once or came down with tail. It was Tuesday with variable and the price suddenly fell. Congratulations for those who made profits. This is daily candle chart. The candle is created right below the middle line of Bollinger band. And I brought a strategy based on this. This is 30m candle chart. I will briefly explain. 1. Please check route A & B with A’s long position / B’s short position entry timing with each price point 2. Route A : Please check the price does not go down below the entry point (If the price goes down below the orange trend line with an additional candle, please refer to route B) 3. Route B : When you enter short position at the indicated position, please check whether the price goes above the green parallel resistance line. If it goes up with an additional candle, please refer to route A. 4. I also indicated bonus points with blue finger pointer for route A / and red finger pointer for route B. Hope you cope well with it. The Bollinger band’s resistance line for 4H candle chart is opened. So if the price does not follow route A today, it would very much likely to make a trick of uptrend wave and then suddenly fall. If it were sudden fall, it would have a chance of rebound. However, making a detour and then a drastic fall would be quite vulnerable. We will be on safe zone if the price goes above the final “smile face” line. Hope you had a good day. I will come back to you with FX margin trading, overseas futures analysis in the afternoon. Thank you. (Translation Jae Ho Shin)
BITMEX:BTCUSD.P
by BitCoinGuide