BTCUSD Bybit Chart Analysis August 25

Aug 25, 2022

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Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.

I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 25.





Bitcoin 4 hour chart.
The 12-hour chart MACD Golden Cross is waiting.

In the case of Bitcoin, it is trending right without any problems.
Normally, it seems impossible to break out of the green support line.
After all, the NASDAQ is the problem.

Until the important indicator announcement tomorrow at 11pm
It seems to be advantageous to operate with caution.

When Bitcoin is sideways in the danger zone
At the spot exchange until tomorrow evening,
You may want to try the Minor Alt circulation pumping.


around the purple support line

Check the red up/light blue down movement path

I made today's trading strategy.





30 minute chart arrow movement path, one-way neutral strategy.

Currently, the Nasdaq is in the period before and after the break of the 30-minute resistance level.
In a small wave, it becomes the spot where the upstream and downstream divide.

I can't keep waiting,
We judged that the upside strategy seemed advantageous in view of various conditions and flows.
(According to the pattern, the 12-hour bit chart MACD is waiting for a goal, and the Nasdaq is also in the process of a 6-hour goal)

When making a downward selection, I think you can see the match at the green support line.


* When the red arrow moves

Short -> Long -> Short Switching Strategy

1. $21656.5 short position entry section / Stop loss when the red resistance line is broken
(A full candle is hidden on the left, but a strong uptrend can come out when the red resistance line is broken.)

2. $21326.5 long position switching / Stop loss when the purple support line breaks

3. $22125.5 long position target and short position entry section / Stop loss when the purple resistance line is broken


Please note that there may be a pole sidewalk at the current location.

Within the marked convergence zone of the orange resistance line / pink support line
Please check the movement.

It is a spot exchange.
Until the index announcement tomorrow evening when the beat is going sideways like it is now
I think there will be good moves in Minor Altcoins.


In Upbit based on the current time

Pay attention to the movements of Ethereum Classic, Anchor, and Zilliqa.

Just watch it for fun
My analysis is for reference only.

Principle trading / Stop loss is essential, I hope that you operate safely.


thank you.

Aug 25, 2022

Trade closed: target reached

Bitcoin movement since the last comment.
I marked the main sections with black fingers.

red arrow moving path

In short -> long switching strategy
Following the Nasdaq, the Extream sideways finish.

It's about $350 round trip revenue.

The daily fluctuation range was only about $506.
Its main minor altcoins.

Unfortunately, I missed the room network,
In Ethereum Classic, Anchor, Zilliqa, etc.
Overall, it was a good move.

Today is the long-awaited Friday,
Let's focus on the Bitcoin movement.

I'll see you later.

thank you