XBTUSD Bitmex Chart Analysis December 3th

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract


It’s BitcoinGuide.

I’ve always wanted my analysis to be helpful for you.
However, I realized it could be a bit tricky and too advanced , so it might seem difficult for some of you.

From now on, I would like to add explanations and reasons for the strategy.

Please press “Likes” and “Follow” me

Now I will begin XBTUSD Bitmex Chart Analysis for December 3rd.

This is 30M chart analysis for yesterday.

To be brief,
It was turned out to be route B.

And the liquidation timing wasperfectly the same as it shows.

Congratulations for those who earned about $500 movement with short -> long position strategy.

I also shared my profits for $350 movements.
I’ve expected one more wave, however, it ended up with drifting sideways.
So I could not enter my long position.

In fact,

I started my career in order to be helpful for many investors.

And I only use 3 indicators and parallel line to create this kind of analysis.

So I thought it could be enough for me to provide simple information for your trading strategy.

There are no analysts who can provide this kind of analysis.
Perhaps, I have never seen one worldwide.

It could be very hard to imitate.

There are no analysis that provides
Route / Entry timing / Entry point / liquidation point.

I share information without hiding any.

I have tried my best and upgrade myself to be better and my simple goal of providing help to others became a problem as time went by.

And I realized it could be a bit advanced to be understood.

Furthermore, as I included additional analysis with a recording on YouTube,
I could not thought of giving you a specific explanation on this writing.

I do not have a co-workers and I do my works all by myself without any advertisement and promotions.

Likewise, I never manipulate things.

To summarize,

My analysis is not only for day-trading.
Anyone including those who seek for mid and long term strategy can attain useful information here.
And I include mid and long term explanation every Monday.

Moreover, I would like to provide explanations and reasons for my analysis based on the indicators I use.

I do not want any investors who just sit and doing nothing but wanting me to do everything for them.

Investors should protect their money by themselves, and those who strive for it can definitely succeed.

Please remember.

This is 4H chart.

Please see the red arrow, where the “Red Cloud” is thinly supporting.

And as you look at MACD , “Golden Cross” is about to appear.

I’ve mentioned on the previous trading view education video clip.
For those of you who are not aware of these, please refer to the video clip.

MACD indicates uptrend and downtrend signal.

Golden Cross indicates uptrend signal.

When the the price is above “Red Cloud”, MACD Golden Cross signal tends to have much more significant influence.

Today I brought trading strategy based on this movement.

This is 30M chart, and I will summarize the main strategies.

1. Please confirm route A&B and long position entry timing / price.
In case of route B, there is one long position and another short position at the right side.

2. In case of route A, please check whether the price goes down below the entry point
(If it does, it would probably go to route B)

3. When it moves along with route B, please refer to long position entry point / Following with a rebound, if the price touches 30M chart Bollinger band’s resistance line twice, close your position.
(If it touches once, or cannot touch, enter your short position)

This is it.

For long position strategy,
Considering “Golden Cross” on 4H chart, route A should come out.

Unless we have movement along with route B,
It is very likely to fill up the CME gap today.
Please refer to this.

Hope you have a good day.

I will come back to you with FX margin trading analysis in the afternoon.

Thank you.

(Translation help.
Jae Ho Shin)

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