Bitcoin Trade Setup - Swing Trading Shorting OpportunityBitcoin Trade Setup - Swing Trading Shorting Opportunity
Bitcoin looks weak but that doesn't mean you short it right now. It is forming a triangle pattern and so let it breaks the downside.
You can short Bitcoin once it breaks the red supporting zone.
If you're a conservative trader, then wait for a break from the red zone and retest the red zone again.
If you get any rejection at this key area of value, then you're good to go for short.
Follow me, to get the future prediction.
Xbtusdbitmex
Bitcoin Quick AnalysisHello and Good Afternoon! Most of my analysis is on the chart but Bitcoin has technical support around $11,200-$11,180 also with the EMA 100 on the 4 Hour. I'm curious to see if our ST old support around $11,500/600 will become new resistance but as of now our next major resistance is around $11,950-$12,000 where we failed to break last night. If we break below $11,180 I'm expecting a dip to $10,600-$10,800 and on the flip side if we break above $12,130 I will be expecting a test to $12,500 and even possibly $13,200. Thank You For Your Time and I Will Post More Updates Later Today!!
BTC in for another test higher?Hello you guys,
As I pointed out in my previous analysis I expected a test higher.
Well as you probably have noticed we moved a bit and man finally some action.
We reached 9200 and got rejected which does look concerning on first sight but hey it isn't set in stone as of yet.
Ofcourse the macro view isn't that bullish unfortunately but I still expect some more upside before ultimately moving down
below the 9k area.
So what is going on?
We have tested the .382 , selling of a bit but looking for support around 9120 which has acted as resistance for the short term
but has provided support in the past for much longer.
My view isn't changed and still expect a move towards (conservatively) 9300. The view on a 9420 test is somewhat shifted but
once we close 4HR candles above 9300 it is likely to hit as well.
Sum Up:
-The bulls need to close 4HR candles above 9120 to maintain upside potential
-9300 likely to get tested
-Once we reach 9300 and close 4HR candles above 9420 is a likely target
BTC is Making Correction of 4th Wave ab big Dump BTC is in correction after Dump now BTC is in way of D wave of Bearish rising Rectangle it is about to complete C wave of D wave. Next Stop looking 5100-5400 and then it will start its E wave toward 7.2k then we will see another drop toward new low.but if it break 5.1k then we will see farther drop.
BTC still under key resistance✴️ BTC Update #BTC_Update
Guys, I know it's a little boring of hearing or reading the exact same thing or almost the exact same thing. But the fact is, Bitcoin is still evolving under its damn resistance zone with now a sell signal on the WaveTrend on a 4h timeframe.
The daily technical situation is still positive even if the MACD hasn't crossed yet.
📈 Trend follower?
Negative on 1h, 4h and daily.
👉 What can be done?
We are going to wait until this resistance zone is broken before initiating a buy position. If Bitcoin is rejected below its intermediate resistance at 5430, we will then try to find a short point in the lower time horizons.
💹 Altcoins
The majority of Altcoins have been in the red since the opening of the session, with losses of 9% for MFT and 14% for NCASH.
Stay safe as usual guys!
ridethepig | $16,000 In Play For BTC !!!As expected... an interesting day for BTC and other major Cryptos with risk under pressure once more from the latest Apple announcements. There is little to update on the fundamental side, with BTCUSD finding support at $9,500 as expected. Risk is likely to remain under pressure today so buying dips is and remains the strategy. A break of $10,000 will likely see further upside towards the $13,000 initial swing target as stops and momentum buying kicks in.
For those following the BTC swing from $6,600 it has been a very easy ride:
You will notice how the advance was clean as troops were marched towards the border:
Destroying the defence ...like a knife through hot butter:
CME Launch was superb news for BTC... we made it in the big leagues:
The question then became centred around seizing the breakout...
Before transferring the attack from a simple retrace towards an impulsive nature:
You will notice the momentum kicking in now, all dips will attract significantly more demand interest. Those in from the lows its time to sit back with a huge grin on your face. This has been a clean and simple ride with a flawless example of trading a +60% move...
I hope it has helped... Thanks guys.
XBTUSD BitMex chart analysis December 9th.
Hello.
"Make it simple and make profit"
It’s BitcoinGuide.
Did you have a good weekend?
Last week, we saw a perfect movement from BitMex and XAUUSD charts.
I know you must have made some profits.
Today I also brought my viewpoint for “mid &long term trend” and strategies according to this.
So please press “Likes” and “Follow” me.
I will begin chart analysis for December 9th
This shows 30M chart that I left for last Friday.
First it followed route B, and seemed like it would end up with no particular movement.
But, it touched the “sad face” line twice and moved up following route A.
Just like the strategy, it ended up with the point that I indicated last week.
Afterward, the price slightly broke through parallel resistance line and then reached the position now.
Last week was long & short position strategy.
It could have been very difficult to enter both positions as the price suddenly rose and went down.
It was total $354 movement from the bottom to the top of the red box. Congratulations.
This is monthly candle chart.
For you reference, I pointed out $6,828. From now on, the price should not go down below or touch this price point. Then we might have more chances to go up.
As you look at the bottom part, MACD Dead Cross is ongoing.
To summarize, “if we do not see price below $6,800(At maximum, just one touch)”, it will be a good chance to enter long position when it comes down.
I will keep looking at the price movement for today and tomorrow.
If it supports well, I will give you information of Altcoins too this week.
This is today’s strategy.
It is 30M candle chart.
Today I would like to say we have more chances of seeing route B.
So please look at the short -> long position.
The reason is because of the MACD Dead Cross of 4H candle chart, and the CME Gap for last weekend.
I brought trading strategy based on this.
Please focus on the converging section between the green parallel resistance line and below supporting line.
1. Check out route A & B with route A’s long position entry timing / route B’s short position entry timing with each price points.
2. If it moves along with route A, please check if the price does not go below the long position entry point (If it does, it would follow route B).
3. If it follows route B, please check whether the price goes above green parallel resistance line. (If it does, please close for the day with no position).
4. If the price loses its power not being able to break through the green parallel resistance line, please enter your short position / and then long position at the blue supporting line.
This is it for today.
The purple “sad face” line is where the price would rebound.
Today it seems it would not be able to have a big movement for both positions.
So it would be more beneficial for you to close the position shortly and enter only on fixed positions.
The CME Gap is around $50.
It does not seem to have much problem, however, the important aspect is 4H candle chart’s MACD Dead Cross.
If it supports well, it will shorten the timeline for the new uptrend.
I will come back to you with FX overseas futures chart analysis in the afternoon.
Thank you.
(Translation help
Jae ho Shin)
December 6 XBTUSD Bitmex Chart Analysis
Hello.
It’s BitcoinGuide.
Please don’t forget to “Follow” me and press “Likes”.
I’ll begin with XBTUSD Bitmex Chart Analysis for December 6th
This is 30M chart for yesterday.
It was turned out to be route A. It did not reach the “smile face” line above.
As you can see, the movement precisely reacted at the short position entry point for route B / and the switching point.
Afterward, the trend stopped and ended up with the route A wave.
It was about $540 movement.
Congratulations for those who made a profit.
Today’s trading strategy.
This is daily candle chart.
This shows where the daily candle is created and positioned for today.
There is a relationship between the candle’s position and Bollinger band.
And I brought you a trading strategy according to this.
This is 30M candle chart.
Today we have long position trading strategy.
We are at the point where you can put stop-loss and operate quite aggressively with longposition.
I will briefly summarize,
1. Check out route A and B / with long position entry timing and price.
2. Following with route A, check if the price goes down below long position entry point. Finally confirm whether the price can break through the blue parallel resistance line.
(As the parallel resistance lines are stacked, a strong shooting can come out if the price breaks through)
3. If we see a tall shadow in the midst of route A, you can close long position and switch for short position for a short operation.
4. In case of route B, please check out long position entry price / As you see the short position entry point, if the price touches 30M candle chart’s resistance line, sustain your long position. (Make sure you do not enter short position if it touches the resistance line)
This is it for today.
I believe it would probably follow with route A.
I hope you check the price movement in real time and cope well with it.
In addition,
“If” Bitcoin price breaks through the “smile face” line and stays around the parallel resistance line, we might also see a price rise in other altcoins.
I will explain about this deeply on next Monday.
I will come back to you with FX, overseas futures chart analysis in the afternoon.
Hope you have a good weekend.
Thank you.
(Translation help
Jae Ho Shin)
XBTUSD Bitmex chart analysis December 5th
Hello.
It’s BitcoinGuide.
For today, I tried my best to give you a helpful analysis.
So if my analysis is useful, please “Follow” me and press “Likes”.
Now let me begin XBTUSD Bitmex chart analysis for December 5th
This is chart analysis for yesterday.
It is 30M chart.
I will be brief.
Yesterday was short position strategy.
Based on route A, it was long -> short movement.
If you look at the below finger pointer,
The price touched the “sad face” line once and rebounded with a long tail.
It went straight up to the highest point above.
If you look at the finger pointer above, it precisely touched and filled up the CME gap.
Eventually, the price trend came back to the blue arrow route.
It was $1,400 movement including long and short.
Congratulations for those who earned.
This is 4H chart.
There are 3 things to check.
Converging section between 4H chart parallel resistance line and supporting line of daily chart
The ichimoku is changed from “red cloud” to “blue cloud” as you can see at the arrow.
MACD is about to indicate Dead Cross.
And I brought trading strategy according to these 3 aspects.
This is 30M chart and it’s long -> short strategy.
I will summarize the important parts.
1. Please check route A and B with long position entry point and price -> short position switching point. (I want you to check the movement real time, so I did not precisely indicate the price for the short position.)
2. In case of route A, please check if the price does not go down below the first long position entry point. If it does, check out route B.
3. When it follows route B, please check out the final long position entry point for $7,076.
Or else, if it goes down below this parallel green supporting line with an additional candle, please enter short position.
This is it for today.
I put “smile face” and “sad face” line for your reference.
The position now can be dangerous.
If the price does not follow route A, or if the price does not have a long tail after a heavy drop, there could be an additional fall.
Today is Thursday, it can end up with drifting sideways.
Tomorrow, it’s Friday when the trend tends to come out strong.
So I expect there could be a strong movement tomorrow.
I will come back to you with FX margin trading, overseas futures analysis in the afternoon.
Hope you have a good day!
Thank you.
(Translation help
Jae Ho Shin)
XBTUSD Bitmex Chart Analysis December 3th
Hello,
It’s BitcoinGuide.
I’ve always wanted my analysis to be helpful for you.
However, I realized it could be a bit tricky and too advanced, so it might seem difficult for some of you.
From now on, I would like to add explanations and reasons for the strategy.
Please press “Likes” and “Follow” me
Now I will begin XBTUSD Bitmex Chart Analysis for December 3rd.
This is 30M chart analysis for yesterday.
To be brief,
It was turned out to be route B.
And the liquidation timing wasperfectly the same as it shows.
Congratulations for those who earned about $500 movement with short -> long position strategy.
I also shared my profits for $350 movements.
I’ve expected one more wave, however, it ended up with drifting sideways.
So I could not enter my long position.
In fact,
I started my career in order to be helpful for many investors.
And I only use 3 indicators and parallel line to create this kind of analysis.
So I thought it could be enough for me to provide simple information for your trading strategy.
There are no analysts who can provide this kind of analysis.
Perhaps, I have never seen one worldwide.
It could be very hard to imitate.
There are no analysis that provides
Route / Entry timing / Entry point / liquidation point.
I share information without hiding any.
I have tried my best and upgrade myself to be better and my simple goal of providing help to others became a problem as time went by.
And I realized it could be a bit advanced to be understood.
Furthermore, as I included additional analysis with a recording on YouTube,
I could not thought of giving you a specific explanation on this writing.
I do not have a co-workers and I do my works all by myself without any advertisement and promotions.
Likewise, I never manipulate things.
To summarize,
My analysis is not only for day-trading.
Anyone including those who seek for mid and long term strategy can attain useful information here.
And I include mid and long term explanation every Monday.
Moreover, I would like to provide explanations and reasons for my analysis based on the indicators I use.
I do not want any investors who just sit and doing nothing but wanting me to do everything for them.
Investors should protect their money by themselves, and those who strive for it can definitely succeed.
Please remember.
This is 4H chart.
Please see the red arrow, where the “Red Cloud” is thinly supporting.
And as you look at MACD, “Golden Cross” is about to appear.
I’ve mentioned on the previous trading view education video clip.
For those of you who are not aware of these, please refer to the video clip.
MACD indicates uptrend and downtrend signal.
Golden Cross indicates uptrend signal.
When the the price is above “Red Cloud”, MACD Golden Cross signal tends to have much more significant influence.
Today I brought trading strategy based on this movement.
This is 30M chart, and I will summarize the main strategies.
1. Please confirm route A&B and long position entry timing / price.
In case of route B, there is one long position and another short position at the right side.
2. In case of route A, please check whether the price goes down below the entry point
(If it does, it would probably go to route B)
3. When it moves along with route B, please refer to long position entry point / Following with a rebound, if the price touches 30M chart Bollinger band’s resistance line twice, close your position.
(If it touches once, or cannot touch, enter your short position)
This is it.
For long position strategy,
Considering “Golden Cross” on 4H chart, route A should come out.
Unless we have movement along with route B,
It is very likely to fill up the CME gap today.
Please refer to this.
Hope you have a good day.
I will come back to you with FX margin trading analysis in the afternoon.
Thank you.
(Translation help.
Jae Ho Shin)
December 3 XBTUSD Bitmex Chart AnalysisHello,
It’s BitcoinGuide.
I’ve always wanted my analysis to be helpful for you.
However, I realized it could be a bit tricky and too advanced, so it might seem difficult for some of you.
From now on, I would like to add explanations and reasons for the strategy.
Please press “Likes” and “Follow” me
Now I will begin XBTUSD Bitmex Chart Analysis for December 3rd.
This is 30M chart analysis for yesterday.
To be brief,
It was turned out to be route B.
And the liquidation timing wasperfectly the same as it shows.
Congratulations for those who earned about $500 movement with short -> long position strategy.
I also shared my profits for $350 movements.
I’ve expected one more wave, however, it ended up with drifting sideways.
So I could not enter my long position.
In fact,
I started my career in order to be helpful for many investors.
And I only use 3 indicators and parallel line to create this kind of analysis.
So I thought it could be enough for me to provide simple information for your trading strategy.
There are no analysts who can provide this kind of analysis.
Perhaps, I have never seen one worldwide.
It could be very hard to imitate.
There are no analysis that provides
Route / Entry timing / Entry point / liquidation point.
I share information without hiding any.
I have tried my best and upgrade myself to be better and my simple goal of providing help to others became a problem as time went by.
And I realized it could be a bit advanced to be understood.
Furthermore, as I included additional analysis with a recording on YouTube,
I could not thought of giving you a specific explanation on this writing.
I do not have a co-workers and I do my works all by myself without any advertisement and promotions.
Likewise, I never manipulate things.
To summarize,
My analysis is not only for day-trading.
Anyone including those who seek for mid and long term strategy can attain useful information here.
And I include mid and long term explanation every Monday.
Moreover, I would like to provide explanations and reasons for my analysis based on the indicators I use.
I do not want any investors who just sit and doing nothing but wanting me to do everything for them.
Investors should protect their money by themselves, and those who strive for it can definitely succeed.
Please remember.
This is 4H chart.
Please see the red arrow, where the “Red Cloud” is thinly supporting.
And as you look at MACD, “Golden Cross” is about to appear.
I’ve mentioned on the previous trading view education video clip.
For those of you who are not aware of these, please refer to the video clip.
MACD indicates uptrend and downtrend signal.
Golden Cross indicates uptrend signal.
When the the price is above “Red Cloud”, MACD Golden Cross signal tends to have much more significant influence.
Today I brought trading strategy based on this movement.
This is 30M chart, and I will summarize the main strategies.
1. Please confirm route A&B and long position entry timing / price.
In case of route B, there is one long position and another short position at the right side.
2. In case of route A, please check whether the price goes down below the entry point
(If it does, it would probably go to route B)
3. When it moves along with route B, please refer to long position entry point / Following with a rebound, if the price touches 30M chart Bollinger band’s resistance line twice, close your position.
(If it touches once, or cannot touch, enter your short position)
This is it.
For long position strategy,
Considering “Golden Cross” on 4H chart, route A should come out.
Unless we have movement along with route B,
It is very likely to fill up the CME gap today.
Please refer to this.
Hope you have a good day.
I will come back to you with FX margin trading analysis in the afternoon.
Thank you.
(Translation help
Jae Ho Shin)
XBTUSD Bitmex Chart Analysis December 2th (BitCoinGuide)
Hello,
It’s BitcoinGuide.
I know you’ve been waiting for me.
We newly had a monthly candle.
And I brought a specific strategy for today.
So please “Follow” me and press “Likes”.
Let me begin XBTUSD Bitmex chart analysis for December 2th.
This is 30M chart for last Friday.
The movement was a bit smaller than that of route A,
However, it moved along with route A and gave a chance for the precise entry point and price.
The total movement is about $358 and congratulations for those who earned.
As expected, It ended up with a downtrend after going down below parallel supporting line.
This is monthly chart.
Overall, the converging section is modified as above.
With a broad point of view, we have converging section between the blue daily chart supporting line and purple weekly chart resistance line.
Within the line, there is one more converging section between orange resistance line and blue daily chart supporting line.
In order for uptrend,
We have lots of resistance lines to breakout.
Anyhow, we need to go above $8,500.
This month’s new position is quite tricky.
As I mentioned few times, you can see the red circle which indicates dead cross for MACD.
The new December candle is created, so it would not be invalidated despite huge jump in price.
Then, the current position is very important.
If the price goes above the middle line of Bollinger band and be well supported,
It could be a firm base for switching into uptrend.
On the contrary, price going down the middle line with an additional candle will be considered a negative aspect for mid and long-term point of view. So you should always keep in mind.
Just like 2 years ago, there were lots of people who enjoyed the strategy on the edge of precipice.
If you well control the stop-loss, you will rather be able to make a huge profit here.
So you should focus on this.
Today’s strategy.
This is 30M chart with long position strategy.
To briefly summarize,
1. Please check route A(long position) and B(short position) with entry points and prices
2. In case of route A, check whether the price goes down below the entry point
(If it does, it would follow route B)
3. In case of route B, check whether it goes down below the final long position entry point
/ If it goes down below parallel line with an additional candle, switch into short position
4. Check weekly CME gap (About $330) on the right side,
It’s a variable which happened while CME futures exchange was closed.
This is it for today.
Overall, we are at the beginning of this month.
Looking at the direction, it seems to end up with drifting sideways.
And the direction would possibly have a trend tomorrow afternoon.
Hope you have a restful day.
I will come back to you with FX margin trading analysis in the afternoon.
Thank you.
(Translation help
Jae Ho Shin)
December 2th XBTUSD Chart Analysis
Hello,
It’s BitcoinGuide.
I know you’ve been waiting for me.
We newly had a monthly candle.
And I brought a specific strategy for today.
So please “Follow” me and press “Likes”.
Let me begin XBTUSD Bitmex chart analysis for December 2nd.
This is 30M chart for last Friday.
The movement was a bit smaller than that of route A,
However, it moved along with route A and gave a chance for the precise entry point and price.
The total movement is about $358 and congratulations for those who earned.
As expected, It ended up with a downtrend after going down below parallel supporting line.
This is monthly chart.
Overall, the converging section is modified as above.
With a broad point of view, we have converging section between the blue daily chart supporting line and purple weekly chart resistance line.
Within the line, there is one more converging section between orange resistance line and blue daily chart supporting line.
In order for uptrend,
We have lots of resistance lines to breakout.
Anyhow, we need to go above $8,500.
This month’s new position is quite tricky.
As I mentioned few times, you can see the red circle which indicates dead cross for MACD.
The new December candle is created, so it would not be invalidated despite huge jump in price.
Then, the current position is very important.
If the price goes above the middle line of Bollinger band and be well supported,
It could be a firm base for switching into uptrend.
On the contrary, price going down the middle line with an additional candle will be considered a negative aspect for mid and long-term point of view. So you should always keep in mind.
Just like 2 years ago, there were lots of people who enjoyed the strategy on the edge of precipice.
If you well control the stop-loss, you will rather be able to make a huge profit here.
So you should focus on this.
Today’s strategy.
This is 30M chart with long position strategy.
To briefly summarize,
1. Please check route A(long position) and B(short position) with entry points and prices
2. In case of route A, check whether the price goes down below the entry point
(If it does, it would follow route B)
3. In case of route B, check whether it goes down below the final long position entry point
/ If it goes down below parallel line with an additional candle, switch into short position
4. Check weekly CME gap (About $330) on the right side,
It’s a variable which happened while CME futures exchange was closed.
This is it for today.
Overall, we are at the beginning of this month.
Looking at the direction, it seems to end up with drifting sideways.
And the direction would possibly have a trend tomorrow afternoon.
Hope you have a restful day.
I will come back to you with FX margin trading analysis in the afternoon.
Thank you.
(Translation help
Jae Ho Shin)
November 28th. XBTUSD Bitmex Chart Analysis (BitCoinGuide)
Hello, it’s BitcoinGuide.
It’s been a quite busy day for me.
But today, I also prepared trading strategy which took about 2 hours.
If this is helpful, please “Follow” me and press “Likes”.
Now let me begin XBTUSD Bitmex Chart Analysis for November 28.
The above shows 30 minutes chart for yesterday.
It showed quite an interesting movement.
We saw a precise short position entry point along with route B,
(It was stronger than expected, suspicious movement)
After, the route changed from B to A.
Rather, the wave of route A expanded much more than expected.
In case of yesterday, if you have seen my latest analysis,
You could realize there has been a change in patterns.
(There are wave patterns based on my analysis. And it continuously changes according to the direction of movement)
Yesterday, I closed my short position and waited for “Dead Cross” for 4H chart.
However, it showed a sharp rise.
This kind of movement can be called “variable”
It’s quite hard to understand according to chart flow.
And it would be very hard to make profit except those who have been persevering loss and waiting for this.
There are 5 principles that I emphasize every morning.
Which are,
1. Do not rush for one you missed
2. Enter “long position” on supporting line,
And enter “short position” at middle line
3. Buy or Sell with “limit price" / Patience for “Short Position”
(In case of short position, wait on middle line, but if it touches the resistance line, wait for the next wave)
4. Don’t forget “stop-limit price”
5. Among 2 positions a day, If you successively lose twice, set “limit price” on final entry point and close the day
The price reached the resistance trend line for 4H chart,
So in principle, you should have closed your position with short profit from the short position.
Furthermore, there are lots of people who worry about hacking incident from Upbit,
Bitcoin futures trading is used by investors from worldwide,
Believe it or not,
It has less chance of huge impact from one exchange market.
I also explained about this last time.
Today’s strategy.
It’s 30M chart.
I will briefly summarize the important sections.
Please focus on the upper red trend line and below orange line.
1. Please check route A(long position) and B(short position) with entry points and prices.
2. If it moves along with route A, check whether it goes down below orange trend line, and enter long position on $7,547 (If it goes down, it has more chance for route B)
3. Along with route B, wait for short position.
Check whether the price touches the resistance line of 30M chart Bollinger Band twice.
(If it touches twice, it has more chance for route A, please confirm the recent moving pattern)
Additional explanation,
*Long position, and short position have totally different way of operation.
This is why short lovers disappeared a lot.
According to your trading style, it is recommended that you should ponder your difficulties.
This is it for today.
In face, we have yet to face uptrend.
The safe zone is yet to come.
From the above, weekly chart, and monthly chart are suppressing with downtrend signal.
So at least, the price should go above $8,500, where it has much evidence that the downtrend is invalidated.
Just for your reference,
The price should be supported without any huge drop.
Or else, Drastic fall rather should come early in order for uptrend that everyone waits for.
I will come back to you with FX analysis in the afternoon
Fighting
(Translation help.
Jae Ho Shin)
November 27th. XBTUSD Bitmex Chart Analysis (BitCoinGuide)
Hello.
Real time analyst, BitcoinGuide.
I brought today’s strategy that you can refer to.
So it will be very much appreciated if you could “Follow” me and press “Likes”
Now, let me begin.
This is 30 minutes chart for yesterday.
At first, it went along with route A, however, went down below the orange trend line.
It touched the “sad face” supporting line and remained as drifting sideways.
I shared the real time strategies in the chatting room.
If it were to break down below the supporting line for 1H chart with an additional candle, short position strategy seemed convincing, but likewise it was Tuesday with a sudden change which made a rebound.
Also, it went down the bottom line of daily chart, so it seemed to have less chance of a huge rebound as the daily movement is limited. As a result, it ended up with drifting sideways.
Just for you to know
The blue box indicates Bollinger bands 30min chart’s supporting and resistance level.
The price did not expand its wave and stayed inside the box, so it ended up with drifting sideways.
So the strategy is invalidated.
Today’s strategy.
This is 30 minutes chart.
As for yesterday, I’ve mentioned if it goes down below the middle line of Bollinger band for 4 hours chart, it would be very dangerous.
But it supported well more than I expected.
Approximately, it would be on Friday when the trend tends to be very strong.
Then we could be able to verify the direction as a whole.
Anyhow, if the pricedoes not break out the red trend line above (which we couldn’t for some time)
It could lead to downward trend for ‘months’(mid-long term)
Please refer to it.
I will now briefly summarize the strategy in order.
1. Please check route A(long position) and B(short position) with entry points and prices.
2. If it moves along with route A, please check whether it breaks out the orange trend line which is $7,179. For today, the movement with route A will make a better chance of bullish trend.
3. If it moves along with route B, you can see the entry point of short position on $7,102.
However, you should check whether it breaks out the 30min chart green parallel line with an additional candle.If it does, you should refrain from entering short position and wait.
4. If it goes down below “sad face” supporting line with an additional candle, please enter short position.
* Today it has much possibility of drifting sideways.
In order to succeed bullish trend, route A is necessary.
If the price does not go above the middle line of 4 hours chart Bollinger band, or stays around this price level, 4 hours chart MACD Dead Cross is waiting, so it would be very negative.
This is it for today.
Hope you do the safe trading.
I will come back to you with FX margin trading analysis in the afternoon(Korea time).
(Translation help.
Jae Ho Shin.)
November 27th. XBTUSD Bitmex Chart Analysis (BitCoinGuide)
Hello.
Real time analyst, BitcoinGuide.
I brought today’s strategy that you can refer to.
So it will be very much appreciated if you could “Follow” me and press “Likes”
Now, let me begin.
This is 30 minutes chart for yesterday.
At first, it went along with route A, however, went down below the orange trend line.
It touched the “sad face” supporting line and remained as drifting sideways.
I shared the real time strategies in the chatting room.
If it were to break down below the supporting line for 1H chart with an additional candle, short position strategy seemed convincing, but likewise it was Tuesday with a sudden change which made a rebound.
Also, it went down the bottom line of daily chart, so it seemed to have less chance of a huge rebound as the daily movement is limited. As a result, it ended up with drifting sideways.
Just for you to know
The blue box indicates Bollinger bands 30min chart’s supporting and resistance level.
The price did not expand its wave and stayed inside the box, so it ended up with drifting sideways.
So the strategy is invalidated.
Today’s strategy.
This is 30 minutes chart.
As for yesterday, I’ve mentioned if it goes down below the middle line of Bollinger band for 4 hours chart, it would be very dangerous.
But it supported well more than I expected.
Approximately, it would be on Friday when the trend tends to be very strong.
Then we could be able to verify the direction as a whole.
Anyhow, if the pricedoes not break out the red trend line above (which we couldn’t for some time)
It could lead to downward trend for ‘months’(mid-long term)
Please refer to it.
I will now briefly summarize the strategy in order.
1. Please check route A(long position) and B(short position) with entry points and prices.
2. If it moves along with route A, please check whether it breaks out the orange trend line which is $7,179. For today, the movement with route A will make a better chance of bullish trend.
3. If it moves along with route B, you can see the entry point of short position on $7,102.
However, you should check whether it breaks out the 30min chart green parallel line with an additional candle.If it does, you should refrain from entering short position and wait.
4. If it goes down below “sad face” supporting line with an additional candle, please enter short position.
* Today it has much possibility of drifting sideways.
In order to succeed bullish trend, route A is necessary.
If the price does not go above the middle line of 4 hours chart Bollinger band, or stays around this price level, 4 hours chart MACD Dead Cross is waiting, so it would be very negative.
This is it for today.
Hope you do the safe trading.
I will come back to you with FX margin trading analysis in the afternoon(Korea time).
(Translation help.
Jae Ho Shin.)
November 26th. XBTUSD Bitmex Chart Analysis (BitCoinGuide)
Hello.
I am a South Korean author "BitcoinGuide" .
Nice to meet you.
I am a 6 year chart analyst.
AndI want to help many investorsworldwide.
So,
I newly started my challenge today.
I write Two analysis daily from Monday to Friday.
Twice a day,
1) XBTUSD Bitcoin , 2)FX Margin trading.
Unless I have a problem, You will see every day.
I use only 3 indicators.
The most basic secondary indicators, which are
1. Bollinger Bands ,
2.lchmoku,
3. MACD
I prefer "real time action."
Also ,
I will write an analysis that you might have never seen before.
It will be a special experience for you.
Based on the 30 minutes chart,
I will guide you real-time movement,
And, Locations that you can open and close your positions.
You can check it every day.
What you have to do is just press “Likes”
I'll start with Sep 26 XBTUSD Chart Analysis.
This is 30 minutes chart I analyzed for yesterday.
After a trap emerged at the bottom line of parallel line,
It rose above the triangle convergence section.
After the breakout, it also moved back to the entry point that I checked,
At the same time, successively it went along the route A.
It perfectly filled up the Weekend BTC gap,
And as a result, it was a perfect strategy with a perfect calculation of waves.
Except drifting sideways and radical changes,
Mostly the price moves with a set of a pattern depending upon the waves.
The price movement was $869 at maximum.
Congratulations for those who earned~
Today’s strategy.
Likewise, I will show 30 minutes chart.
To briefly summarize the major positions,
1. Please check route A(long position) and B(short position) with entry points and prices.
2. If it moves toward route A, please check whether it rises above the green “Smile” line
Don’t forget to check it “moves above” or “stays” nearby the red trend line.
3. If it moves along the route B, please check it goes down the purple “sad” line (with an additional candle)
Enter short position after a rebound with a suspicious movement.
(Check whether it goes down below blue parallel lines(4H chart and daily chart) with an additional candle/ If it goes down, it could touch down to the green parallel line)
This is it.
I also drew a blue triangular convergence section, and possibly the direction could come out.
Additional User Manual for the analysis.
* If it does not go above or below the resistance and supporting lines of Bollinger band for 30 minutes chart, it would be considered as drifting sideways / Forget the strategy and please take actions toward a set position afterward
* Similarly, if a radical movement appears before it slowly touches the entry points, also invalidate the strategy and take actions in real time basis
*Based on Korea time, there are lots of variables on every Tuesday, so please be careful
Hope you do the safe trading.
And I will come back to you tomorrow.
Thanks.
(Translation help.
Jae Ho Shin.)
November 26th. XBTUSD Bitmex Chart Analysis (BitCoinGuide)
Hello.
I am a South Korean author "BitcoinGuide" .
Nice to meet you.
I am a 6 year chart analyst.
AndI want to help many investorsworldwide.
So,
I newly started my challenge today.
I write Two analysis daily from Monday to Friday.
Twice a day,
1)XBTUSD Bitcoin, 2)FX Margin trading.
Unless I have a problem, You will see every day.
I use only 3 indicators.
The most basic secondary indicators, which are
1.Bollinger Bands,
2.lchmoku,
3.MACD
I prefer "real time action."
Also ,
I will write an analysis that you might have never seen before.
It will be a special experience for you.
Based on the 30 minutes chart,
I will guide you real-time movement,
And, Locations that you can open and close your positions.
You can check it every day.
What you have to do is just press “Likes”
I'll start with Sep 26 XBTUSD Chart Analysis.
This is 30 minutes chart I analyzed for yesterday.
After a trap emerged at the bottom line of parallel line,
It rose above the triangle convergence section.
After the breakout, it also moved back to the entry point that I checked,
At the same time, successively it went along the route A.
It perfectly filled up the Weekend BTC gap,
And as a result, it was a perfect strategy with a perfect calculation of waves.
Except drifting sideways and radical changes,
Mostly the price moves with a set of a pattern depending upon the waves.
The price movement was $869 at maximum.
Congratulations for those who earned~
Today’s strategy.
Likewise, I will show 30 minutes chart.
To briefly summarize the major positions,
1. Please check route A(long position) and B(short position) with entry points and prices.
2. If it moves toward route A, please check whether it rises above the green “Smile” line
Don’t forget to check it “moves above” or “stays” nearby the red trend line.
3. If it moves along the route B, please check it goes down the purple “sad” line (with an additional candle)
Enter short position after a rebound with a suspicious movement.
(Check whether it goes down below blue parallel lines(4H chart and daily chart) with an additional candle/ If it goes down, it could touch down to the green parallel line)
This is it.
I also drew a blue triangular convergence section, and possibly the direction could come out.
Additional User Manual for the analysis.
* If it does not go above or below the resistance and supporting lines of Bollinger band for 30 minutes chart, it would be considered as drifting sideways / Forget the strategy and please take actions toward a set position afterward
* Similarly, if a radical movement appears before it slowly touches the entry points, also invalidate the strategy and take actions in real time basis
*Based on Korea time, there are lots of variables on every Tuesday, so please be careful
Hope you do the safe trading.
And I will come back to you tomorrow.
Thanks.
(Translation help. Jae Ho Shin.)