Bitcoin bybit chart analysis August 14

Aug 14, 2023

Hello

It's a Bitcoinguide.

If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.

If my analysis is helpful,

I would like one booster button at the bottom, please.



Bitcoin 30 minute chart.
It's a one-way neutral strategy.

Nasdaq has no significant indicators announced.
Gap retracement was also completed in the morning.

Considering that it is difficult to connect the trend,
After pattern recovery, we have prepared a two-way strategy.

Depending on the Nasdaq movement, there may be extreme sideways protection
Please note.



*In arrow movement path

Long -> Short -> Long Switching Strategy


1. Entry into long position at $29380.5 / stop loss when breaking the purple support line

2. $29669.5 short position switching / stop loss when the orange resistance line is broken

3. $29242.5 long position switching / stop loss when breaking the green support line


As you can see today, there should be enough movement in both directions.
There may be an extreme crossover

Depending on the situation, it would be nice to prepare for the opposite trade from the top or bottom.


Because of the low probability of success
Those who are entering the long/short position
Please refer to the movement of the support resistance line.


My analysis is for reference only.

I hope you operate safely with principle trading / stop loss essential.


thank you

Aug 15, 2023

Trade closed: target reached

Hello
it's a BitcoinGuide.

I will check the movement after writing the analysis on August 14th.



This is the NASDAQ 30-minute chart.
The major sections were marked with a black finger.

Arrow movement path 15080.6 After long entry
Break through the pink resistance line you marked -> up to the sky blue finger
It's on the rise.

As the wave moves
Unfortunately, it didn't come out perfect.
It has risen to near the 4-hour resistance line for the first time in a while.



Bitcoin 30 minute chart,
This is the movement after writing the analysis article.
The major sections were marked with a black finger.

arrow path

After entering long position at $29380.5 -> Short switching at $29669.5
-> up to $29242.5 long position switching

Accurately touch, up and down round-trip return
Perfect came out.

I was fortunate enough.

I'm used to it.


Today is a holiday, so the last 29242.5 dollars long maintenance condition
We will draw one main line of support
See you on Wednesday.

thank you

Aug 15, 2023

Trade active

For those who long switched the last $29242.5
We leave the main drafting tools.

I will continue to connect and take it.


I hope you have a nice holiday.


thank you

Aug 16, 2023

Trade active

After the drawing on August 15th, this is the movement.

Within about 400 degrees of fluctuation up and down without any movement
I'm walking down and to the right.

There is an orange resistance line going up,

From the green support line
There is a light blue support line -> a blue support line.


Details will be summarized in the afternoon analysis article.


thank you