Bitcoin bybit chart analysis August 28

Aug 28, 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 is a one-way long position strategy.

Following last week's strategy, I brought it by connecting it to the afternoon drawing.

There are no major indicators announced on the NASDAQ today.

Note the movement after the NASDAQ Gap retracement.

From the current candle, pink resistance line -> orange resistance line -> green resistance line up to section 1
This is the short position operation section.


Because it is 2 touches of the center line for 12 hours
If the rebound succeeds, I made a strategy with the condition that it can rise strongly today.


*At the red arrow path

long position strategy

1. $25921.5 long position entry section / stop loss when breaking the green support line

2. $26336 1 target -> 2 targets in the top section

Depending on the situation, within the indicated section 1
Please note that there may be extreme cross-border protection.

Please pay attention to the MACD dead cross mark on the 9 o'clock 4 hour chart.


When leaving the current position, the sky blue finger section at the bottom
You can see it as a strong downtrend in the right-down sidewalk -> Bottom section.



At Nasdaq, the direction has already been decided.
It seems to matter when the wave comes out.

We'll work hard until then.

It is better to break the short-term trend rather than the long-term trend.
Please note


My analysis is for reference only.

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


thank you

Aug 29, 2023

Trade active

Hello
it's a BitcoinGuide.

I will check the movement after writing the analysis on August 28th.



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

It was a long position strategy in the gap section, but
Rightward sidewalk finish as it is without touching


I think it would be good to expect about 2 weeks for the gap to go back.

Last week, the Nasdaq uptrend (variable)
Opinion has not changed.

Instead, I'm waiting for the timing to come down suddenly.

Nasdaq is back at the center line of the Bollinger Band 4-hour chart.
-> It is rebounding towards the resistance line on the 4-hour chart.




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

Arrow movement path after long entry of $25921.5
Pink -> Break through the orange resistance line

Lastly, section 1 (short position operating section)
Without breaking through, without breaking the purple support line

Rightward sidewalk finish


The strategy is active.

Yesterday's movement again touched the resistance line on the 4-hour chart.
The uptrend and downtrend remained equal.

After a while, the long position at $25921.5 remains the same
I'll leave you with the main writing tools and see you in the evening analysis.

thank you

Aug 29, 2023

Trade active

Nasdaq 30 minute chart.
This is the main real-time drawing tool.




Bitcoin 30 minute chart.

I'll keep my long position at $25921.5 yesterday.

in the top right
Check the long position target and the danger zone at the bottom

I hope you operate as a must for principle trading / stop loss.




thank you