BTCUSD Bybit Chart Analysis October 20

Hello,

“Make it simple, make profit”

It’s BitcoinGuide.


Don’t forget to

“Follow” me and press “Likes”.


I will begin BTCUSD Bybit Bitcoin Chart Analysis for October 20th .





This is a 30 minute chart created yesterday.

There was a rise in the upward direction.

It was a short position strategy,

My chart analysis,
You can check your position in real time.

It is operated on a 30 minute chart,
This is because it marks the main section.


Long / short / no position,

In real time to everyone,
This is an analysis that may be helpful.

Today, about the analysis ,
Explained in detail.







From the bottom right,

Marked in the purple finger section.




*At the bottom right, 11504.5 USD
Bollinger band, 30 minute bar / 1 hour bar resistance line.
(In case of touch, rising trend)


*Middle section. (Trend Change)
the main resistance section.


*Top section.
Bollinger band, daily resistance line.
(Strong rise when touched.)


*yesterday ,
Because I touched the support line of the 30-minute Bollinger Band,
Movement comes out in the center of upward or sideways move.


That is why ,

I designated it as the final and short section.







Day candle chart.

In real time, the chart changes and moves.


At the top, in the day candle chart
I couldn't touch the resistance wire.


Afterwards, adjustments were made.








Newly, the chart has been organized.


Blue triangular convergence section.

At the top, the purple arrow section
At the bottom, the purple arrow section.

In the middle, the gap difference intervals on the weekend are shown.


Please check each major section.








With yesterday's move,
I checked the recent rise.


In the main candle chart,

MACD Golden Cross is engraved.


The main candle chart is,
The influence is strong.

That is why ,
It was not affected by the NASDAQ movement.


Simply put,

State Candle Chart
If MACD Golden Cross is maintained,
Continuous ascent is possible.

Week candle chart,
Check the floor section.






This is today's trading strategy.

It's a 30-minute chart.

In a way, the neutral strategy might be the best for me.

Because it is a real-time Analysis.


In summary,

*Green parallel line / rising trend
*Red parallel line / sideway move.

With sections 1 and 2,
I marked the main section.


Throughout this week, if the uptrend remains
At the bottom, Don't touch the gap difference on weekends.


Also, yesterday, there was some trend
Today there is a possibility of sideways.


I will try again tomorrow for more details.


Thank you.