Bitcoin Bybit chart analysis August 8

Aug 8

Hello

It's a Bitcoinguide.

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Here is the Bitcoin 30-minute chart.

There will be a Nasdaq indicator announcement at 9:30 in a little while.

After entering a long position of $55,199 with a purple finger at the bottom left,
I connected today's strategy as it is.

There seems to be a high possibility of a sideways movement in Nasdaq

Bit was operated aggressively.

*One-way long position strategy when the red finger moves

1. Long position entry section of $57,106.5 / Stop loss price when the purple support line is broken

2. Top section 1st target -> Good 2nd target

The convergence section at the top 1 and the bottom 2 is a sideways range

The section at the top 1 is yesterday's long position 1st target

The section at the bottom 2 is a sideways range. In case of a breakout of the purple support line,
Be careful because it can fall sharply up to Bottom-> 3 times.
For those who have been long since yesterday,
It is better to maintain the stop loss price when the purple support line breaks.

If it rises to the Good section today,
It seems advantageous to wait for a long position without entering a short position separately.

Up to this point, I ask that you simply refer to and use my analysis,

and I hope that you operate safely with principle trading and stop loss prices.

Thank you.

Aug 9

Trade closed: target reached

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on August 8th.



This is the Nasdaq 30-minute chart.
I marked the main sections with black fingers.

Among the red finger long position strategies,
A positive event occurred at the 9:30 indicator announcement
It did not come down to the entry point

And it rebounded strongly.
It reached the Top section marked at the top.

A new Gap section was created at the bottom due to yesterday's movement
And it is moving sideways above the center line of the Bollinger Band 4-hour chart.

Since it goes down with Bitcoin,
The Gap section is a bit uncomfortable.
I will explain the details together in today's analysis article.



This is the Bitcoin 30-minute chart. I marked the main section with a black finger.

At the bottom left, the long position entry section on August 7
I connected the long position of 55,193 dollars as it was.

In the red finger long position strategy,
After the 2nd section of the long position of 56,746.5 dollars marked,
The purple support line was not broken, and the pink, orange, and red resistance lines were broken through
A strong rebound was successful.

It rose up to 7,612 dollars at most.
The strategy was to take profit.

It even came out to the final target of 62,557.5 dollars Gap retracement.

Bit is rising without any particular problems as planned,
But I am concerned about Nasdaq.

I will carefully examine the details in the analysis article.

Thank you.