Bitmex
July 24th BTCUSD Bybit Bitcoin Chart Analysis
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“Make it simple, make profit”
It’s BitcoinGuide.
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 24th .
At the top is a 30 minute chart, created yesterday.
Uptrend sideway move,
it was green support line Break away . ,
In the red parallel line section
It is finished.
4 hour chart.
This is the main section of the day.
MACD dead cross at the bottom,
Focusing on the rebound section
I have a marketing strategy.
Today's trading strategy.
30-minute chart, neutral strategy.
On the green parallel line, it is a sideway move strategy.
When Break aways, pay attention to the red finger section at the bottom,
In case of vertical fall
From the central line of the 4-hour chart, wait for the long position.
Have a good weekend.
Thank you.
Preload to resistanceOn the chart, there is a noticeable compression to the resistance. You can also note the reluctance of the price to update the lows, which is why a smooth reversal is formed. You can also see an inverted Head and Shoulders based on this, at the moment, the growth is most likely To observe the reaction of the price to the resistance zone.
July 22th BTCUSD Bybit Bitcoin Chart Analysis
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“Make it simple, make profit”
It’s BitcoinGuide.
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 22th .
This is a 30 minute chart created yesterday.
In the blue path,
Up to vertical rise and break through the smile section
It rose strongly.
Congratulations to the profitable people.
This is a daily chart.
And , the main point of the day.
Yesterday, in Bollinger Band,
An unusual movement occurred.
1. Only one candle per day is generated for a daily chart.
2. The Bollinger Band, with one rod,
You cannot break through the "resistance line", "center line", or "support line".
Yesterday, there was a breakthrough from the center line to the resistance line at once.
Also, with the movement yesterday,
Today in the purple and orange section
I have a simple trading strategy.
Today's trading strategy.
This is a 30 minute chart, one way long position strategy.
Blue movement path, long position entry section and timing
Please pay attention.
The final target is a smile section,
At the bottom, if the red support line breakaway
Not good.
stoploss is essential, pay attention to the vertical drop.
Thank you.
Barr Bottom Pattern on ETH.ETH has been in a trading range for quite some time and failed to breakout of it earlier, if we dont succeed in claiming it again soon ETH is looking at a major sell off.
The signs are there for ETH to continue up though here if these setups play out.
The amount of ETH wallets holding 0.1 coins is also still rising which is a positive sign new investors are buying.
There is the BARR Bottom and wyckoff range.
The BARR bottom can signify a fear based sell off switching into a rapid trend reversal.
BITCOIN NEAR ALL TIME DAILY RESISTANCE- $4000 or $16000BITCOIN IS NEAR ITS ALL TIME HIGH DAILY RESISTANCE (RED LINE).TOUCHING IT HAS LED TO SHARP FALL. DISTANCE B/W PRICE AND RESISTANCE HAS NARROWED DOWN TO LESS THAN $150 ONLY. IF BITCOIN BREAKS RESISTANCE, WITH FIB RETRACEMENT OF 0.618, WE CAN EXPECT PRICE BOOM TO $16000. IF BITCOIN FAILS AGAIN,WITH FIB RETRACEMENT OF 0.618, WE CAN EXPECT A FALL TO $4000 WHICH IS NEAR TO ALL TIME LOW SUPPORT (GREEN LINE).
MY OPINION= BITCOIN WILL BREAK RESISTANCE AND WILL RIDE A BULL TREND.
BTCUSD Bybit Bitcoin Chart Analysis for July 21th
Hello,
“Make it simple, make profit”
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 21th .
This is a 30 minute chart created yesterday.
Yesterday Strategically, in the blue path,
After deviating from the orange trend line
In the red section at the bottom, long position entry.
In real time yesterday, in the purple section
Short -> Long, finished with a switching strategy.
If you have not clearing,
Most likely, you have a long position.
Today's main section / 12-hour chart.
Focusing on the triangular convergence section,
In large part,
it is long -> short switching strategy.
Focusing on each section,
I brought a trading strategy from the current location.
Today's trading strategy.
It's a 30-minute chart, a neutral strategy.
Please pay attention to the blue movement path, and the long position entry section and timing.
*The final target is a red parallel line Resistance wire.
Long -> short -> long switching strategy.
In the blue path,
In the red finger section,
If there is insufficient power to raise,
Short Position Standby,
When the orange trend line deviates,
Pay attention to the red finger section at the bottom.
Good luck.
Thank you.
July 20th BTCUSD Bybit Bitcoin Chart Analysis
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 20th .
At the top, it is a 30-minute chart created last week.
In the blue finger section, the entry timing came out exactly,
Within the red parallel line,
The upward sideways finish was completed.
On the weekend, reached the final target,
Weekend gap difference, no problem.
The balance of indicators also seems to have no problem.
12 hour chart.
The rebound came out a little unfortunately today.
Today's main, key point.
Based on the Bollinger Band center line,
*MACD Golden Cross in progress at the bottom,
*Triangular convergence section,
Focused on the main sections checked and each
I have made a Trading strategy.
Today's trading strategy.
It's a 30-minute chart.
Rather than the possibility of vertical rise,
Movement is expected based on the upward sideways.
Based on the orange trend line and the resistance line at the top
I made a Trading strategy.
Blue movement path and long position entry section
Please pay attention to the timing.
When the orange trend line deviates,
Pay attention to the red finger section at the bottom.
Although unlikely,
When dropping vertically or red parallel line support
Please be careful.
In the spot exchange,
Long position entry timing only,
When moving in blue,
Major altcoin and bitcoin related stocks.
When moving to the red arrow section,
You can operate with other altcoins.
Thank you.
Bitcoin is in Breakout Mode | Price action AnalysisBitcoin Update
Things are getting clear now.
On Daily Chart,
Market is in a Breakout Mode, We are having a Triangle in play. Whichever side we see a Breakout, We gotta trade that side.
I dont know, Where we are heading to break.
On 4H Chart,
Broad Bear channel, With Test to Resistance Completed with good Short Sell Signal. Taking a short trade below Yellow Trendline or right now is weaker and aggressive bull set-up respectively.
Target for it lies below triangle so I dont find good to trade it for Swing basis only Scalping.
Chances are equal for Bull or Bear Breakout of triangle so dont have any direction where it is headed. I dont find it tradeable before Breakout.
Would like to take long above 9350. But again, When we have a Breakout, then I ll know if its worth trading it or not.
Sit back and Wait. We are in Breakout Mode.
Disclaimer
Trade at your own risk. This is not a financial advise. We are not registered/licensed organisation for Financial Services.
Daily and 4H Chart Analysis on EthereumEtheruem Update
On Daily
As I was saying that, We are completing a Pullback on Daily Chart. It looks like we have completed it (may be) I need more daily candles for it. But with approx price level, current price is at approx area where it can be considered as completed.
On 4H Chart,
Price is rallying in Broad Bear Channel,
Two Trade Scenario are there.
Aggressive Bears will short from Yellow Box
Weak Bears will short from Purple Box.
Short Targets are likely to go beyond the BO point (around 230)
It is very less likely to see Break above from Broad Bear Channel so I better be the Weaker Bull to Trade.
Disclaimer
Trade at your own risk. This is not a financial advise. We are not registered/licensed organisation for Financial Services.
July 17th BTCUSD Bybit Bitcoin Chart Analysis
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 17th .
It is a 30-minute chart created yesterday.
The blue movement path came out.
Did not Breakaway further,
After rebound within the convergence section,
Sideways finish.
Day candle chart.
At the bottom, the MACD deadcross was imprinted,
Yesterday's rebound was stronger than I thought,
And The Bollinger Band support line has risen.
Checked in the triangle convergence section,
Organized into 1, 2, 3 steps,
I have made a trading strategy.
Today's 30-minute chart / neutral strategy.
In the red parallel line / green parallel line,
See also movement.
I brought a trading strategy with the possibility of sideway move.
Overall, it is a risk section, And The downtrend is strong.
After leaving the red route,
If it is a normal pattern, check the NO2 section below.
In case of strong Downtrend or vertical drop
Please focus on the NO3 section at the bottom.
Have a good weekend.
Thank you.
Long with caution!I've always found it hard to understand the chart for the bears as I am naturally bullish.. The inverted chart can give us a better feel of how the bears are doing. As you can see the bears have formed an arc of resistance and a big move is coming. Volatility and volume is decreasing. 9800 area is a significant area and perfect coincides with fibonnaci resistance. If the bulls are able to break through 9800 then we can expect a market rally, but with the fundamentals of the economy being weak because of corona virus be careful longing!
That is all for this analysis. If you guys think this analysis is correct please hit the thumbs up button and follow me for more analysis in the future!
THIS WEEK WILL BE KEYConsolidation coming to an end, as explained in my last idea imo such a long consolidation will end up with a big move.
Objectives in chart for both upside or downside move, where both orange boxes are key, price needs to be able of clearly closing above/below for further continuation.
Thats the key area I'm looking at if price breaks below 9k, I want to see the 7.3k area hold, for me that should be last drop before starting to move to new ATH. Starting to close below would be a clear sign of weakness.
As already explained in my last idea this week will be key imo, the break of the triangle will give us the direction that market will follow in the upcoming months, so dont get lost in lower time frame range and remember the bigger picture.
When will we move out of this zone!Bitcoin has been rather boring in the past few weeks, just hanging around this consolidation zone.
I have my eyes on this level off fibs, we have a bullish engulfing and now an indecision candle at the 38
I would like to see it test the supply zone and give us a decent break out of this consolidation zone
Note : Supply zones are determined buy the last Green candle before a big push down
Demand zones are determined by the last Red candle before a big move up.
Consolidation zones are determined by an area after a move up or down where the price moves around in for a period of time.
XBT 4hr
BTCUSD Bybit Bitcoin Chart Analysis for July 13th
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 13th .
At the top is a 30 minute chart, created last Friday.
Based on the red parallel line,
The expected movement came out.
Up to $160, congratulations to the profitable people.
Fortunately on the weekend, there was no big crash,
And , uptrend sideways move finished.
There was little gap difference on the weekend,
Day candle chart.
Based on each parallel line,
For each section, the main section was checked.
Focusing on this part, the trading strategy i brought it.
It is a 30 minute chart / neutral strategy.
Checked in blue,
Pay attention to the triangle convergence section.
*Orange trend line and pink line
Possibility of vertical rise when not touching.
* If Breakaway or the convergence section or touch
uptrend Sideways,
or , A downtrend may be created.
1.Blue route and main section
2. Check the red route and main section.
Thank you.