January 9th BTCUSD Bybit Chart Analysis

9 Jan 2020

Hello,


it’s BitCoinGuide.

Please don’t forget to “Follow” me and press “Likes”.

I will begin BTCUSD Bybit Chart Analysis for January 9th






This is 30m candle chart for yesterday.

It drifted sideways, showed suspicious movement, and fell at the blue finger pointer.

It came down parallel supporting line and fell strongly.

Yesterday, it was short -> long strategy with Altcoin operation.

Congratulations for those who made profits.







This is weekly candle chart.

I’ve made parallel line for daily candle chart.

I made mid term trend line and converging section above.

I brought strategy based on this.






Today’s strategy.

It could seem quite dizzy.

As a whole, it is short -> long position strategy.

There is 4H candle chart’s downtrend signal.
So the price should go up to make a wave and then heavy fall.
Or the price might straightly go down to make a wave and then make a huge rebound.

Please check out route A & B.

Also check out entry timing with price point.

I also indicated finger pointers for bonus points with each color.

Finally, long position is recommended.

For Altcoin, you should only enter Bitcoin Cash when you open long position on BitCoin.

Yesterday I was a bit exhausted and I could not write analysis for FX trading.

Hope you could understand.

But for today, I’ll come back to you in this afternoon.

Thank you.


(Translation
Jae Ho Shin)