November 20 Bitcoin Bybit chart analysis

11月20日

Hello
It's a Bitcoin Guide.

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Here's a Bitcoin 30-minute chart.
Shortly, at 10:30 AM and 12 PM, the Nasdaq indicators will be released.

At the bottom left, the purple finger indicates the final long position entry point on the 19th, at $90,355.8. I've linked the strategy to that level.

The bottom area at the bottom is what I consider to be the major support line for this week.
(The center line of the Bollinger Bands monthly chart has moved from the previous $87,665.3.)
Everyone knows this and is waiting for it.

In my experience, if you wait at the bottom,
it generally doesn't come down easily. + Nasdaq volatility

Of course, we'll have to watch today's movement,
but please watch until the very end.

Because today could be a day with a significant move,
I kept my strategy as safe and simple as possible.

*Red Finger Movement Path:
One-Way Long Position Strategy

1. $90,341.7 long position entry point / Stop loss price if the purple support line is completely broken

2. $93,343.2 long position primary target -> Top, Good target price in that order
If the strategy is successful, you can utilize the 92.3K long position re-entry point indicated.

Since the 4-hour Bollinger Bands are repeatedly hitting the center line,
barring a sharp decline in the Nasdaq,
it is poised for a strong upward trend.

Note that the first point at the bottom is a double bottom.
If it falls to this level,
it is more likely to reach the bottom than to rebound.

Today, the Nasdaq and Bitcoin must move as far upward as possible to avoid falling to 86.7K this week. In the event of a weak sideways movement or correction,
I recommend keeping the bottom open until 9:00 AM next Monday.

Please use my analysis to this point for reference only.

I hope you operate safely, with a clear focus on principled trading and stop-loss orders.

Thank you.

11月21日

交易结束：到达止损

Hello,
It's a Bitcoin Guide.

I'll check the movement after writing the analysis on November 20th.



This is a 30-minute chart of the Nasdaq.
I've marked the major sections with black fingers.

In the red finger conditional long position strategy,

after touching the first section of the purple finger at the top,

and entering a long position at the 24,882.7 point red finger at the bottom,

it broke through the purple support line.

The bottom, marked below, then fell sharply to the final support line of 24,034.5 points.

I expected a significant movement yesterday,
but I didn't expect it, and the Nasdaq really pulled it off in one fell swoop.

Amazing.

The 24,034.5 points shown here are

this week's daily support + weekly central line, a major support line,
and the weekly MACD is currently forming a dead cross.

I explained this week would be the biggest challenge, didn't I?



This is a 30-minute Bitcoin chart.
I've marked key areas with black fingers.

In the lower left corner, I've linked the strategy to the long position I entered on the 19th,

with the purple finger at $90,355.8.

*In the red finger long position strategy,

after entering the long position at $90.3K, the price rose by about $2,600,

to avoid confusion.

I intentionally focused on the long position and didn't enter a separate short position.

After entering the long position at $90,344.7, the price broke through the purple support line.

Strategy: Cut loss.

The price is closed after touching the bottom level indicated below.

(The first touchline of the center line of the Bollinger Bands monthly chart)

After a new daily candle was formed today,
it fell sharply to Gap7, indicated below, and $81,384.

Yesterday's strategy was to see if it would reach the bottom all at once.

After breaking the purple support line,
we were to wait for the final showdown at the bottom of the major support line.

After the Nasdaq crash and Bitcoin's forced coupling,
it finally reached the terrifying 81.3K level.

After the movement occurred without any entry points, self-proclaimed experts who were commentating on the situation are drawing aggro, saying it's the end of the season.

Personally, I don't think it's worth listening to people who have never proven anything, such as seeds or entry positions.

I explained that this week would be the most difficult due to the weekly MACD dead cross, and Bitcoin's monthly MACD dead cross is in progress, so it looks like it will be a difficult week until the end of this month.

It's difficult to explain in words, but

the 81.3K level at the bottom is a significant touch point.

The Nasdaq will definitely play around and rise,

but if you prepare for variables or crashes,

even looking at Bitcoin alone, there will definitely be an opportunity to escape.

As I explained, my perspective is for the market to continue to rise.

Today, I'll address your concerns through a video, without an analysis article.

Thank you for your hard work this week.

Have a great weekend.

Thank you.

5天前

注释

Hello,
It's a Bitcoin Guide.

I'll check the movement after writing the analysis on November 24th.



This is a 30-minute chart for the Nasdaq.
I didn't do a separate analysis; I just checked the wave patterns.
I marked the key areas with black fingers.

In the red finger long position strategy,
the gap in area 2 at the bottom remained intact,
and area 3 at the top -> the top target price was reached.

Unfortunately, the entry point wasn't touched, so I canceled it.

After last week's weekly chart MACD dead cross,
it's been doing a good job of raising the price.



This is a 30-minute chart for Bitcoin.
I marked the key areas with black fingers.

Similar to the Nasdaq,

in the one-way red finger long position strategy,

the long position entry point was at the bottom.

The price broke through the pink resistance line without touching the $85,074.5 gap,

and then rebounded successfully.

After passing through the intermediate wave indicated by the pink finger,

it broke through the orange resistance line,

reaching the target price of $88,570.8 at the top.

It was a bit disappointing that the entry point was missed by about $100.

The strategy has been canceled.

After a new daily candlestick was formed today,

a strong correction is underway.

Please pay attention to whether it breaks through the purple parallel line.

Thank you.

4天前

注释

Hello,
It's a Bitcoin Guide.

I'll check the movement after writing the analysis on November 25th.



This is the Nasdaq 30-minute chart.
I've marked the major sections with black fingers.

Yesterday, I performed a quick analysis, focusing only on patterns.

Based on the possibility of a lower gap retracement, in numerical order,
I switched between long and short positions.

I first touched the second short entry zone at the top,

then rebounded from zone 1 and closed at zone 4.

The price is gradually moving away from the lower gap retracement zone.

Yesterday's movement touched the center line of the 2-hour Bollinger Bands,
and the short-term pattern collapsed.

Today, I touched the final Bollinger Band center line for the first time,
and am currently moving sideways around the center line of the 30-minute chart.

Please check the general movement.



This is a 30-minute Bitcoin chart.
Key areas are marked with black fingers.

Similar to the Nasdaq,
the light blue finger indicates a short-to-long switching strategy.

At the bottom, the long position entry point.

The purple finger does not touch $86,005.6.

After a rebound without breaking below the purple support line,

a short position was successfully entered at $87,941.9.

After hitting the purple support line again,

the price fell by about $1,800 before moving sideways to the pink resistance line and closing.

A new daily candlestick formed today,

failing to break above the pink resistance line and breaking below the purple support line.

Since our perspective remains unchanged,

we maintain our short position at $87,941.9.

(Because it ended in a sideways movement after a strong correction,
this is a zone where real-time profit taking or short re-entry is possible.)

The Nasdaq has successfully rebounded,
but Bitcoin is moving extremely sideways.

Yesterday's movement showed a 1+4 pattern,

which repeatedly touched the center line of the Bollinger Bands.

A rough movement is expected,

so I hope everyone operates safely in their respective long and short positions.

Thank you.

3天前

注释

Hello,
It's a Bitcoin Guide.

I'll check the movement since the analysis was written on November 26th.



This is a 30-minute chart of the Nasdaq.
I've marked the key areas with black fingers.
In the brief analysis,

since the short-term pattern was broken,
I'm using a long strategy with the red fingers in the 1+4 sections at the bottom.

It ended in an upward sideways trend without any major fluctuations.

The price has reached the top of the target price range and is now moving sideways.



This is a 30-minute chart of Bitcoin.
I've marked the key areas with black fingers.

In the upper left corner, I've used the purple fingers to connect the strategy to the short position entry point at $87,941.9, which I entered in the analysis on the 25th.

*In line with the Nasdaq pattern,

the red finger was a long-position waiting strategy.

The light blue finger movement path

is a simulation for those who are short or have no positions.

In order of appearance, it narrowly missed the 1st short -> 2nd long switching section,

and then, in the 3rd final battle section, it broke through the pink resistance line.

It rose strongly from the top target price, Top -> Good -> Great.

The indicator rose sharply during the release period, partially coupling with the Nasdaq without breaking above the purple parallel line support line.

Since it didn't reach the red finger long position entry point at the bottom,
the strategy was canceled.

Those who entered or held short positions at 87.9K
were likely able to operate in real time after the drop to around $1,600.

The Nasdaq seemed unable to gap back,
and Bitcoin, with its medium-term pattern broken, was expected to gap back.

However, the Nasdaq coupling and the resulting strength resulted in a strong vertical rise.

In my previous video and analysis, I explained in detail that last week was the biggest challenge of the month,
and advised everyone not to panic.

It's rising strongly, as if it were a lie.

Unfortunately, I didn't touch the entry point,
but I'm proud of the significant gains.

Still, you should be vigilant until the end of this month.
For the remaining time, operate safely, adhering to principled trading and stop-loss orders.
I hope you have a good night.

Thank you.