I will begin BTCUSD Bybit Bitcoin Chart Analysis for October 8th .
This is a 30 minute chart created yesterday.
It was Ignore the left red finger section.
The green support line break away, but , After a long position entry of $10583, the upward-right sideway move ended.
There was not much movement,
Instead of , In the ETC altcoin, a good move came out. Congratulations to all the profitable people.
From tomorrow ,Korea is a holiday.
Because , Today, I took care and brought a strategy.
Week candle chart. Brown, check the triangle convergence section.
Within the convergence section, If you fail to break through the resistance line
Unconditionally, it will reach $10308.
Please refer to it.
Day candle chart.
There are main resistance lines, No. 1 and No. 2.
If you can't break through, At the bottom, you will reach $10322.
Here, what will you choose?
1. No position waiting. 2. Wait for short position. 3. Wait for long position.
There is no correct answer here.
But , Your choice can be the right answer.
4 hours chart.
Each major section, Trend line / parallel line section.
If you need it, please use it.
It is a 30-minute chart, a long position strategy.
Since it has been a lot complicated, It has been simplified.
*Check the green and red support line convergence section. * Returning after rebound, Orange short position operating section in motion. *If you deviate from the green support line at the bottom, It gets closer to 10310.
*At the highest point, The sky blue section is the first major section.
When the additional candle break through, it maintains a long position If you cannot break through, it is advantageous to operate a short position.
The spot exchange,
Other altcoins -> major altcoins, If the red support line is deviated, it is based on a stop loss.