BTCUSD Chart Analysis October 5th .

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I will begin BTCUSD Bybit Bitcoin Chart Analysis for October 5th .







At the top, this is a 4 hour chart created last week.

I deleted the messy mark.

From the left,
Without breaking the red support line,

Breaking through the green resistance line
-> Reaching the purple / sky blue resistance line,

At the bottom, it fell to the blue support line.


At the top and bottom, I marked it with purple arrows.


Maybe , Due to the Trump corona confirmed,
It seems to have declined with the NASDAQ in real time.











This is the main section of the day.

It's a day candle chart.


At the top,
the brown resistance line and the blue support line at the bottom,
Create triangular convergence section.

Middle, weekend gap difference / orange line

At the bottom, the pink line,
Today’s major rebound.

(Depending on the situation, the section in which the downtrend may continue)



Based on the above,
I made today's trading strategy,







Today's trading strategy.

It's a 30-minute chart, a neutral strategy.


Green resistance line and blue support line at the bottom
Please check the Triangle convergence section.

I have marked each major section.

Follow the blue path,
Brown support line, before and after Breakaway,
It seems that the direction will be decided.


1. On the top, on the red finger timing,
Short position, under the condition of not breaking the green resistance line.

Without deviating from the final, blue support line
It is long position switching.


2. Unlike the move path,
At the bottom of the vertical drop, in the purple finger section
Please pay attention.


The spot exchange,

Wait and do not break the blue support line at the bottom
As a condition, "Other altcoins" are operated.

If Break away , in the final purple finger section,
It is a major altcoin.


Good luck.

I will see you in the Nasdaq analysis in a moment.


Thank you.