BTCUSD Bitcoin Chart Analysis September 17th .

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I will begin BTCUSD Bybit Bitcoin Chart Analysis for September 17th .










This is a 30 minute chart created yesterday.

In the blue box,

The maximum shown,
Up to the Red resistance line, there was an uptrend.


After that,
according to the section of the red arrow
Short position movement came out.

At the time of breaking through the smile section,


On the spot exchange

I recommended major altcoins.

Everyone came out with good moves.

Congratulations on your profit.










This is the main section of the day.

It's a 4 hour chart.

the bottom is , MACD dead cross is waiting .


Section 1 is a major rebound.

Focusing on this, you must reach section 2 today.


If, after departure from section 1,
When you reach section 3,

Further Downtrend may occur after tomorrow.


Also recently,

BTC is Following the NASDAQ movement.

In the case of yesterday,
The movement is reversed in the sideways market.


Today's Nasdaq seems to be going downtrend,

What will Bitcoin move , It would be nice to watch.


Focusing on this part,
I make a trading strategy.









This is today's trading strategy.

It is a 30 minute bar chart, a conditional long position strategy.


Largely,
Pay attention to the convergence section of the green resistance line and the red support line.


Follow the blue path,

Be sure to break through the green resistance line at the top or
must touch the red short position entry section (light blue line).


After that, the long position entry section -> Before touching the maximum smile section

Short position -> on the condition that it does not deviate from the red support line
It is long position switching.



If the motion does not come out according to the above conditions,

According to the red finger section
You can breakaway up to the maximum, green support line.


The spot exchange,
If the above conditions are met,

Only in the Bitcoin long position entry section

Operated with major altcoins.


And , Stop loss is required.

Operate safely.


Good Luck.