Bitcoin bybit chart analysis August 3

Aug 3, 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.

Because it is judged that there is strength in the section where the rebound came out
Further corrections are likely on the NASDAQ, but

I will continue the long strategy from yesterday.

There is one indicator announcement at 11:00.


*In light blue finger movement path

One-way neutral strategy

1. Entry into short position at $29325 / stop loss when orange resistance line is broken
2. Long position switching at $29,056 / stop loss when breaking the green support line



The bit has a high possibility of sideways movement.

If the Nasdaq does not plunge, it is indicated at the bottom
You can support it at about the light blue support line.


My analysis so far is for reference only.

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


thank you

Aug 4, 2023

Trade active

Hello
it's a BitcoinGuide.

After writing the analysis on August 3, let's check the movement.



This is the movement after writing the NASDAQ analysis article.
The major sections were marked with a black finger.

arrow path

15332 After entering long, finishing upward
Orange Resistance Zone / Bollinger Band 1-Hour Chart Reached Resistance.

The 30-minute and 1-hour charts have been thinned to positive luck.
Unlike yesterday, there is a place to eat short.

from the current location
The 4-hour median line is near the red resistance line at the top.
It becomes a short position operation section.

Before and after crossing this section
The direction seems to come out.

Please check the gap section at the top.




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

On August 2, while holding a long position at $29216.5
strategy has been carried out

After entering the short position of $29325 with a light blue finger at the top (liquidation of long position)
A crosswalk is in progress.

Strategies are active because they are in progress


At the bottom, there remains a long position switching section of 29056 dollars.

See the Bollinger Band support line by hour.
It would be nice to run it.


And from today, the time to upload analysis articles
Please note that we are going to be moving a little faster.

I'll see you in the evening


thank you