November 26th. XBTUSD Bitmex Chart Analysis (BitCoinGuide)

Hello.


I am a South Korean author "BitcoinGuide" .

Nice to meet you.

I am a 6 year chart analyst.
AndI want to help many investorsworldwide.
So,
I newly started my challenge today.

I write Two analysis daily from Monday to Friday.

Twice a day,
1)XBTUSD Bitcoin, 2)FX Margin trading.
Unless I have a problem, You will see every day.

I use only 3 indicators.
The most basic secondary indicators, which are

1.Bollinger Bands,
2.lchmoku,
3.MACD
I prefer "real time action."

Also ,
I will write an analysis that you might have never seen before.
It will be a special experience for you.
Based on the 30 minutes chart,

I will guide you real-time movement,
And, Locations that you can open and close your positions.
You can check it every day.

What you have to do is just press “Likes”

I'll start with Sep 26 XBTUSD Chart Analysis.







This is 30 minutes chart I analyzed for yesterday.

After a trap emerged at the bottom line of parallel line,
It rose above the triangle convergence section.
After the breakout, it also moved back to the entry point that I checked,
At the same time, successively it went along the route A.


It perfectly filled up the Weekend BTC gap,
And as a result, it was a perfect strategy with a perfect calculation of waves.

Except drifting sideways and radical changes,
Mostly the price moves with a set of a pattern depending upon the waves.



The price movement was $869 at maximum.

Congratulations for those who earned~







Today’s strategy.


Likewise, I will show 30 minutes chart.


To briefly summarize the major positions,



1. Please check route A(long position) and B(short position) with entry points and prices.

2. If it moves toward route A, please check whether it rises above the green “Smile” line
Don’t forget to check it “moves above” or “stays” nearby the red trend line.

3. If it moves along the route B, please check it goes down the purple “sad” line (with an additional candle)
Enter short position after a rebound with a suspicious movement.
(Check whether it goes down below blue parallel lines(4H chart and daily chart) with an additional candle/ If it goes down, it could touch down to the green parallel line)


This is it.


I also drew a blue triangular convergence section, and possibly the direction could come out.




Additional User Manual for the analysis.


* If it does not go above or below the resistance and supporting lines of Bollinger band for 30 minutes chart, it would be considered as drifting sideways / Forget the strategy and please take actions toward a set position afterward


* Similarly, if a radical movement appears before it slowly touches the entry points, also invalidate the strategy and take actions in real time basis

*Based on Korea time, there are lots of variables on every Tuesday, so please be careful




Hope you do the safe trading.

And I will come back to you tomorrow.

Thanks.


(Translation help. Jae Ho Shin.)