Bitcoin bybit chart analysis August 22

Aug 22, 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 neutral strategy.

Will the Nasdaq break through the resistance level on the 4-hour chart?
After the awkward rebound, again to the daily peak support + main peak center line
It's up to you whether you go down


In the case of the beat, the resistance line is also pressed a lot
The sound is also thick, so it seems like it will take some time to rise.
please note.



*In light blue finger movement path

Short -> Long Switching Strategy

1. Entry into short position at $26197 / stop loss when orange resistance line is broken

2. $25924.5 long position switching range / stop loss when breaking the light blue support line


I caught enough of the hand loss
Nasdaq movement will be important, but

Since it is a strong position, the medium-term trend is viewed as an uptrend.


My analysis so far is for reference only.


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


thank you

Aug 22, 2023

Trade active

according to Nasdaq

When falling directly from the current position (vertical fall)
Up to the blue support line marked at the bottom of $25166
can fall

Pay attention to the support line on the 6-hour Bollinger Band chart.


thank you

Aug 23, 2023

Order cancelled

Hello
it's a BItcoinGuide.

I will check the movement after writing the analysis on August 22nd.



Bitcoin 30 minute chart.
The major sections were marked with a black finger.

Light blue finger 26197 dollars short position entry section can not touch
As I left a comment,

After the vertical decline, the Bollinger Band 6-hour chart hits the support line.
There was a lower tail rebound.

The strategy was canceled.

In the case of yesterday
Following the Nasdaq movement

Even if it rises up, short -> long switching
If it breaks below, short -> long switching (Bollinger Band 6-hour support line explained)

I couldn't break through the turquoise resistance line I marked.
Vertical decline along the parallel line support line as it is

The 25166.5 dollar rebound section shown
Unfortunately, I couldn't touch it.

Next time I'll pay more attention so I won't miss it.


The overall view is the same as yesterday.

We leave the main drafting tools,

See you in the afternoon analysis.


thank you

Aug 23, 2023

Trade active

Real-time bitcoin key construction tools are left behind.

I'll see you in the afternoon.


thank you