Bitcoin bybit chart analysis August 24

BitCoinGuide Updated   
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract

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.

Today, I proceeded entirely according to the Nasdaq pattern.

The main point is in tether dominance
There is a medium-term downtrend section. (On the contrary, in the case of beat, the trend is upward)

The spot is the two lower tails of the previous low in the candlestick on the left.
It is a place to break the purple parallel line support line.

If this section is broken
You have to be careful because the downtrend can be connected again.

If you are holding shorts, check if the purple support line breaks out.
Pay attention to the green support line at the bottom.

So today, long and short, both will be satisfied, right?

*In arrow movement path

long position strategy

1. Entry into long position at $26297.5 / stop loss when purple support line completely breaks

2. Section 1 of 26919 dollars is the 12-hour central line.
Depending on the Nasdaq rebound, it may be weak or break through upward.

Section 1 1st target -> Top section 2nd target

There is an indicator announcement at 9:30 on the NASDAQ today, so please refer to it.

My analysis is for reference only.

6 principles of trading, stop loss is essential, so please operate safely.

thank you
Trade closed: stop reached:
it's a BitcoinGuide.

I will check the movement after writing the analysis on August 25th.

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

Yesterday was a pattern, a signal
At the time of writing the analysis, there was no reason for the collapse.

After breaking through the resistance line on the 4-hour chart,
The uptrend was quickly changed to a downtrend.

That's a great NASDAQ.

Now there's only one seat left, right?

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

Arrow movement path After entering long position at $26297.5
Violet Support Break / Short Stop Loss

after that
It is moving sideways within the green support line I marked.

I carried out a strategy centered on the Nasdaq movement.
Because of the real-time crash
I think those who have shorts would have operated flexibly.

Even those who enter the long market can trade in principle
Because it can be operated without a big loss

You just have to try again today in a new place.

It's been a lot of pain, but I think I'll finally get the seat I want.

I'll see you in the afternoon analysis article.

thank you

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