BTCUSD Bybit Chart Analysis December 30

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it’s BitCoinGuide.

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I will begin BTCUSD Bybit Chart Analysis for December 30th






This is 30m candle chart for last Friday.

It was following route B.

However, quite different from the entry timing, it bounced off from the point where the downtrend came out once more with a delayed time sequence.

To be precise, the rebound came after touching the supporting line of Bollinger band for 1H and 4H candle chart.

I’ve mentioned that you should be focused on the red trend line in our private room.

It was long position trading strategy. After it broke out the final orange trend line, it slowly went up.
Congratulations.






This is 4H candle chart.

The “red cloud” is thinly supporting, and MACD Dead Cross is about to come out.

I hoped it would touch the resistance line of Bollinger band in daily candle chart. But it lacked power.

So I brought a strategy based on this.





This is 30m candle chart.

To be brief,

1. Check out route A & B with A’s long position entry timing / B’s short position entry timing with each price point

2. Route A: Please check the price does not go down below the entry point / If it does, please check route B
If the price touches the final smile face line, we are at the safe zone (We are able to operate altcoins after some correction)

3. Route B: Please check if it goes above short position entry point / If it does please follow route A
Please switch you position to long position at the bottom part of Weekend Gap Difference

This is it.

Please also check out bonus points indicated with finger pointers.

I’ve mentioned the weekend gap difference with sky blue box.

Last time, we saw price retracement until the gap difference. So you should be aware of it based on this situation.

If, the price touches smile face line along with route A, it could just rise up without touching the gap difference. Please be aware of it.

Hope you have a good day.

I will come back to you in the afternoon.

Thank you.



(Translation
Jae Ho Shin)