BTCUSD Bybit Chart Analysis August 24

Aug 24, 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 24.






Bitcoin 4 hour chart.

Touch the resistance line on the 4 hour chart
It is moving sideways near the center line of the 6-hour chart.

In the case of the Nasdaq, when a vertical decline occurs,
There can be a strong rebound.
It doesn't look like it's going to be easy.

around the green support line

Red up/light blue down movement path check

I made today's trading strategy.





This is a 30-minute chart one-way long position strategy.

At the current location, if additional adjustments are made
Please refer to the blue finger section. (A similar movement to yesterday may appear.)

Purchasing does not proceed,
After confirming the movement, focus on the additional long position
I made it on the Nasdaq indicator time, so I proceeded as safely as possible.

In the case of the Nasdaq, we focused on the right-to-right sideways movement.
When the Nasdaq falls today, there is a major rebound section.
It is likely to hit roughly near the sky blue support line.



* When the red arrow moves

1. $21321 Long position entry section / Stop loss when breaking the green support line

The final target is the top price of $2206.5.

Operate shorts at the red resistance line,
but When you break through

The marked smile section and the bright sky blue resistance line can be a long target and an upward finish.

This week is before the important data release on Friday.
It looked like a sideways move, so it was a job-alt operation strategy.

Yesterday, based on the Upbit Spot Exchange Spot Exchange,
There were good moves on Cosmos and Kyber Network.


No matter how much you look at it today,
there is nothing like the Chiliz.

After that, Cosmos and KyberNetwork look fine.
Please view my analysis for reference only and for fun.

I hope that you operate safely as a principle of trading / stop loss is essential.


thank you.

Aug 24, 2022

Order cancelled

This is the movement after the last comment
I marked the main sections with black fingers.

It was a strategy centered on long positions,
21321 Finish right-up without touching.
Since there was no entry point touch, the strategy was canceled.

Of the sidewalks I explained, at least
"Touch the light blue resistance wire and finish"
It ended up going right.


From the current position, at the convergence section of the green support line / light blue resistance line
You are doing well in each position.

There were also moderately good moves in Minor Altcoins.
Among the coins I mentioned, I got one Cosmos.
It looks like you are making up to 10% of your profits.

Perhaps before the important data release tomorrow.
I don't think I'll be a junkie until today.

Let's take a closer look at the whole thing.

See you later in the analysis article.

thank you