BTCUSD Bybit Chart Analysis August 26

Aug 26, 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 26.





Bitcoin 4 hour chart

There is an important indicator announcement at 11 pm tonight.
So far, the Nasdaq movement doesn't look bad.
Because Bitcoin has touched a key support line
There seems to be a high probability of a right-of-way sideways movement.

around the purple support line

Check the red up/light blue down movement path


I made today's trading strategy.






This is a 30-minute chart one-way neutral strategy.

To be precise, it is a long -> short switching strategy.
Instead, the first shot needs confirmation.

It is a strategy that ignores downtrends or extreme sideways guarantees.

Depending on whether you touch the 12-hour central line around 9 pm
Strategies can be divided.

It is difficult to see a general trend
I bet on the Nasdaq and coupling + 11 o'clock indicator release.


* When the red arrow moves

Short -> Long -> Short -> Long Switching Strategy

Unless you are entering long or short
The first wave needs confirmation.

It is also good to operate autonomously.
Even before and after breaking through the red resistance line,
The purple support line at the bottom is the long position switching spot.
I don't think it will go the same way.


1. $21426.5 long position entry section / Stop loss price when departing from purple support line

2. $22,142 short position switching section / Stop loss when the green resistance line is broken

After that, autonomously, $21739 long position switching

Today, I focused on the purple support line as a whole.

due to a vertical decline, or a Nasdaq variable.

If it breaks the purple support line
It looks like you have to watch the match in the bottom section at the very bottom.

Even if there is an important indicator announcement, there is a big movement within a short period of time.
In the end it goes according to the chart. Even after the announcement is made, there may be no movement while moving sideways.


The spot exchange showed good enough moves in this week's job alt.
It looks like you're watching.

If I had to recommend it, today's Anchor Coin looks good,
Coins with no trading volume at the bottom and coins with risk factors were not checked.

If the strategy is successful,
It seems advantageous to operate as a final major altcoin.

EOS doesn't look good.

If the beat shows a good move without breaking the purple support line
In the same way, it seems that the degree of Ethereum is coupled.


Today's strategy ends here.

My analysis is for reference only.

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

Have a good weekend.


thank you.

Aug 26, 2022

Note

not a Week candle center -> 12-hour candle center line is correct.

Aug 26, 2022

Order cancelled

In strategy, after an up touch
It was a short -> long switching strategy.

But , Because just touched the bottom,
The strategy has been cancelled.

thank you

Aug 28, 2022

Trade closed manually

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

as indicated
21415 Chase Short -> $21101.5 Long Switching -> $21909 Short Switching
It was a strategy.

* $21415 short -> $334.5 profit section
* $21101.5 long -> $755.5 profit section

Unfortunately, couldn't touch the last $21909.
As it is, strong decline occurred as it coupled with Nasdaq

The strategy is manual liquidation.


There was a downward trend over the weekend.

$20586 A new gap is created.
It is consolidating near the last pink support line.

For more information, see what kind of movement will be released today.
I'll take a look at the whole

See you later.