Bitcoin bybit chart analysis September7

Sep 7, 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.

I will maintain the $26013.5 short position I entered yesterday.


There is an indicator announcement on NASDAQ today at 9:30,
Because there is a possibility of a significant decline
Be careful because the bits may be coupled.


*Sky blue finger movement path

Long position strategy

1. Long position switching at $25606.5 / Stop loss when breaking out of the green support line

2. $25997.5 long position 1st target -> 1st section 2nd target

If it rises near the red resistance line
Tomorrow, I will maintain a long position and discuss the trend without entering a short position.


In case of deviation from the deep blue support line and bottom section at the bottom

Daily support line -> Touching the 12-hour support line
Please be careful as it can deviate up to around 24367 dollars.


Please keep in mind that my analysis up to this point is merely for reference.

Please operate safely by following the 6 principles of trading/stop loss.


thank you

Sep 7, 2023

Trade closed: target reached

Hello
it's a BitcoinGuide.

I will check the movement after writing the analysis on September 7th.



This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.

Light blue finger movement path 15266.9 after short entry
I can't touch 15077.5 at the bottom.
End of extreme sideways trading

Based on Bollinger Bands
I only touched the center line of the daily chart.
MACD daily chart dead cross is waiting

12-hour chart support line alone without touching
Because only the daily central line was touched
The possibility of further decline has increased.



Bitcoin 30-minute chart.
Major sections are marked with black fingers.

In the analysis on September 7th
Light blue finger in the upper left corner after short entry at $26013.5
Successful long position switching of $25606.5

$25997.5 indicated -> No. 1 -> Top section
The perfect strategy has arrived

Yesterday, according to strategy
I did not operate a separate short position.

I was lucky this time too.

Personally, I have errands to run outside in the morning.

I'll leave you with the main construction sections, and I'll see you in the afternoon analysis article.


thank you

Sep 8, 2023

Trade active

I forgot in the morning and couldn't share the drawing section in the comments.

Purple parallel line support line stop loss correction zone



It broke out strongly from the purple support line.

After completing some profit margins,

See you later in the analysis article.


thank you