BTCUSD Bybit Chart Analysis August 9

Aug 9, 2022

Hello.

“Make it simple, make profit”
It’s BitcoinGuide.

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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 9.




I will check the movement after writing the analysis on August 8th.

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

After the vertical rise in the morning,
The arrow movement path focused on the upward wave, but
I can't even touch the wave and resistance line.

Without any wave, the Extreme sideway move finished.

I told him not to come out sideways, but in the end, sideway move came out.

After the arrow up touch, in the adjustment
Because it was a long position strategy, the strategy was canceled

I think you did well in real-time operation from each position.

Nasdaq red flag
Let's take a look at how the movement will come out one by one.

It seems to be the most difficult to analyze these days.

Nasdaq, Bitcoin's two brothers
I have to be very upset.

See you soon with a hot strategy.






Bitcoin 4 hour chart

Currently operating a 30+1 hour support line rising pattern
There are no danger signs,
The Nasdaq variable is the most dangerous.

At this point, the chances are low
If there is a vertical rise, it becomes a whipso condition at $25121.

The Nasdaq is sufficiently volatile today,
When the red arrow moves,
Be careful with Nasdaq coupling + strong adjustment.


Today's approximate Top and Bottom prices are displayed

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 short position strategy.

It is not unconditionally, one-sided short position,
Long -> short -> long switching strategy.

Because Nasdaq is concerned,
The emphasis was placed on strong coordination.

There are no significant indicators announced today.
I was expecting some kind of crossover.

I ignored the extreme sideways/downtrend.


* When the red arrow moves

Long -> Short -> Long Switching Strategy

1. Long position chasing $23816.5 / Stop loss when breaking the green support line

2. $24504.5 short position switching / Stop loss when the red resistance line is broken

3. $23863.5 long position switching / Stop loss when the green support line is broken

The dislike mark is wrong, today's danger zone is the red support line.
Please note that if you touch this section, the mid-term pattern will be broken again.

At the spot exchange, it would be good to try the job alt circulation pumping today.

Never trust my analysis.
Please note that it is only for reference, and for real-time usage.


Don't forget to buy in principle / stop loss is essential

Thanks for reading.

Aug 9, 2022

Trade closed: stop reached

broke the green support line / I processed a stop loss

I looked at the Nasdaq and saw resistance on the 30-minute chart.
It is creating a downtrend and is going down.

If you're trying to work with Nasdaq, the difficulty of analysis is quite high.
Sidewalks seem particularly difficult.

If you only see bitcoin

4 6 12 Dead cross is dangerous, so be careful
Keeping an eye on the Nasdaq, I hope the rest of the time runs well.

thank you

Aug 9, 2022

Order cancelled

Hello

It's a Bitcoin guide.

We will check the movement after writing the analysis on August 9th.



This is the move since the last comment on Nasdaq.
I marked the main sections with black fingers.

Breaking the purple support line
In the sky blue finger 6+ 12 pattern at the bottom
I was looking for a strong rebound, but
Finish after going downhill.

There was a gap section in the middle.



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

Yesterday was the first short position strategy.

in the overall flow
*Bit makes a downward wave and falls alone -> further decline in coupling with Nasdaq

From the point of view of analysis, it was very difficult to make an entry point.

Yesterday after the downtrend,
It was a short -> long switching strategy.
Even this had a vertical decline and missed the short entry point.

strategy is to cancel

At the last $22979 long switching spot
After touching the resistance line for 30 minutes, it is rebounding around $274.

In fact, as I left a comment last night,
It was a very dangerous section.

The 4 + 6 + 12 MACD deadcross was held at the same time.

While organizing a new work area,
Even when organizing major parallel lines and bottom sections
It's been a long time.

Fortunately, it was within the sky blue support line without any major declines.
I'm supporting you.

The recent trend makes it difficult to even enter a place
After a strange decline, it was a strong rebound,

What moves will come from today's CPI release?
It would be good to watch.

I'll see you later.

thank you