October 26th BTCUSD Chart Analysis

25 de out. de 2020

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 October 26th .








This is a 30-minute chart written last week.

Without much movement,

Blue finger at the top, blue finger at the bottom
Within the blue box,

The sideway move ended.


Please check, Purple Finger section weekend gap difference


On weekends,
There was an attempt to break through the upward trend section,
It came back to the blue section.












Recently, while writing an analysis very early,

There is not enough data.

Bybit, in Korean time
At 9 am, an important candle is created.

(Analysis writing time, 7 am.)


I marked the main section.

Simply put,

*If there is no touch of the orange line,
Strong vertical rise


*After the rebound in the major rebound section of section 1,

If the maximum, section 2 is not reached,
A down wave will be generated from tomorrow.



I came up with a trading strategy focusing on this part.











This is today's trading strategy.

It's a 30-minute chart, a long position strategy.



Personally, This is a strategy for vertical ascent.


On the condition that it does not touch the orange line,

At the maximum sky blue support line and the long position entry section
It is a long position operation.

*At the top, from the sky blue finger
Do not enter the short.

Bollinger bands Wave check section.
(How strong is the uptrend and the trend)



*The green resistance line at the top is
Today's target. (Long position trailing stop function)

*If you deviate from the green support line at the bottom,
Today's trading strategy is a failure.


The spot exchange,

If movement comes out the same as today’s strategy,

Bitcoin related stocks and major altcoins
(If it rises strongly, only Bitcoin, can rise alone.)


When the green line deviates,
In the returning rebound

It is a major altcoin.


See you in the NASDAQ analysis in the afternoon.


Thank you.