BTCUSD Bybit Chart Analysis November 17

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

This is a 30 minute chart created yesterday.


After breaking through the marked, section 1,
Weekend Gap difference section Break through.

To the final, red parallel line resistance line,
Reached.

On the spot exchange,
Recommended,
There was also an increase of 7.5% or more in Ripple.


Congratulations to all those who are profitable.

In the case of yesterday, because it continues to rise upwards,
It is very tricky to get the entry position.

In this case, it is important to check the pattern.
At the top is a 15-minute chart.

If you look at the section marked on the left,

Without deviating from the center line of the Bollinger Band,
It continued to break through the highs.


Final, reaching the support line.

If , Strong Fall,

15-minute central line -> 30-minute central line -> 1 hour central line -> 4 hour central line

Because it comes out in order,
If you have a stop loss

You can trade aggressively.


Please refer to it.

This is the main section of the day.

It is a 12-hour chart,
At the bottom, the MACD Golden Cross is waiting.

The main section and the upward trend section are displayed respectively.


However, there are several conditions to be observed.


Focusing on this part,
I brought today's trading strategy.

A 30-minute chart, a conditional long position strategy.


About strong Uptrend,
When you write an analysis ,
In general , there is a sideway move.
Very Sad.

today,
Green support line -> light blue resistance line
Please refer to support and resistance lines.

I have marked each major section.


Orange on the left,
Sections 1 and 2 are marked.

This is important.

* Today, section No 1 must be unconditionally broken.
If break through the current position at once,
Strong bullish.

*After reaching section No 2,
Without any further decline, you have to break through section No1.
Upward side move.


In case of Break Away,
At the bottom right of the end,
Please focus on the red arrow section.


It is a spot exchange.

Only on condition that Bitcoin rises,

Ripple -> Ethereum -> EOS
Pay attention to the movement.

Until today,

Bitcoin Cash, Bitcoin SV
Short-term trading strategies are advantageous.

I hope it helps everyone.

Today, I will only proceed to this point.



Thank you for reading the long Analysis.

Trade active:

Trade active:

16605 long position

Comment:

Trade closed: target reached:

In the trading method I know,
The rising pattern is broken.

From the current position,
I can shake it up and down,
Because , I finish here.

Have a good night.

Comment:

Short -> long Switching


Good luck.