December 15 Bitcoin Bybit chart analysis

Hello

It's a Bitcoinguide.

If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.

If my analysis is helpful,

Please would like one booster button at the bottom.

Bitcoin 30-minute chart.
There will be a Nasdaq indicator announcement at 11:45 tonight.

I think there are still some people who are long,
What I couldn’t eat yesterday, I have to eat today, right?
I will continue with the same strategy.

It's not long all the time.
Tether dominance best short has reached the vertical downward wave section.
The 5-minute bar trend reversal was also successful.
The overnight wave will be important, but it is a condition for the Nasdaq to rise.

There are several risk factors, but
I will try again with a tight stop loss.


*Red finger movement path

One-way long position strategy

1. $42,908 long position entry area / stop loss when breaking out of the purple support line

2. Top Gap $44583.5 long position primary target -> Good section secondary target
If it rises strongly up to this section
Check the mouse drag and check the next target at the top.

In case of deviation from the purple support line,
At the bottom, the green support line at $42318 is a sideways range.

It's a little scary to leave here.

Please check the light blue support line -> Bottom section.


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 for your hard work this week.

Have a nice weekend


thank you

Trade closed: stop reached:

Hello
it's a Bitcoin guide.
I will check the movement after writing the analysis on December 15th.

This is the Nasdaq 30-minute chart.
Major sections are marked with black fingers.

Red finger 16574.6 after long entry
Section 1 -> Touch the red resistance line
End of extreme horizontal protection

It has been moving sideways and has not yet broken through to the highest point.

Bitcoin 30-minute chart
Major sections are marked with black fingers.

After entering the red finger $42,908 long position
Breaking out of the purple support line

Stop loss processing.

Last week, I bet on the decline in Tether dominance.
Unfortunately, it was connected to an upward trend.

As the downward trend continues over the weekend,
Breaking out of the main support line -> $40715 near the bottom
It has come down to the support line.

Tether Dominance monthly chart after touching the support line
A strong rebound continues
Even in the case of beat, because it deviated from the center line of the daily chart,
There is a risk of further decline.

Also, last week's movement created a new gap section of $42,265.5 at the top.
There was no Gap7 retracement at the top that occurred previously.
The decline is connected.

Let’s look at it overall and see you in today’s strategy.

The weather has become much colder
Wear your underwear and I hope you have a happy Monday and the end of the year.


thank you