Bitcoin bybit chart analysis August 4

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 is a one-way long position strategy.

There is a high possibility of a rebound on the NASDAQ right away.
It seems that the direction will be decided according to the movement of the night.

After entering the short position yesterday at $29325
Connected and strategized.



*At the red arrow path

long position strategy

1. Entry into long position at $29,148 / stop loss when breaking the light blue support line

2. $29560 long position 1st target -> Top -> Good order
I've sorted out the target price by the weekend.


Since there is little up and down fluctuation, we took the stop loss with plenty of room.

Drop immediately from current position
Or if it fails to break through the pink resistance line.

It can be connected to the bottom section at the bottom

Please note.


My analysis is for reference only.

6 principles of trading / stop loss is essential
Hope you operate safely.


You worked hard this week too.

Have a nice weekend everyone.


thank you

Trade active:

Hello
it's a BitcoinGuide.

Let's check the movement after writing the analysis on August 4th.

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

Arrow movement path 15432.5 Starting with entering long position

indicated,
15505.6 Bollinger Bands 4-hour center line
Entry into the best short position

It fell to the 15286.7 light blue support line at the bottom.

The movement came out exactly as described.

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

After entering the short position at $29325 on August 3
As described in real time
Skip the long position entry section as it is meaningless

Coupling with Nasdaq

Orange resistance line at $29296 short position entry zone
(Bollinger Band 3-hour chart center line pressed)

After falling to the sky blue finger movement path shown at the bottom
Lower tail rebound finish.

Because it is rebounding without breaking the light blue support line

The strategy is active processing.

Those who have good control as explained in the middle
It's a revenue right.


Check Gap 28942 dollars at the bottom
It is operating well without breaking the previous low point according to the strategy.

Movement should be like this
The highest point and the lowest point change is 562 dollars.

You worked hard until late on a hot night.

have a good weekend

I'll see you next Monday.


thank you