Bitcoin Bybit chart analysis September 3

45
Hello
It's a Bitcoin Guide.

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snapshot


This is a Bitcoin 30-minute chart.
The Nasdaq indicators will be released at 11:00 AM.

At the bottom left is the long position entry point from the 1st, $108.032.
Above that is the purple finger at $110,762.5.
I've linked the strategy to the long position re-entry point.

*If the red finger follows the path,
it's a one-way long position strategy.

1. Long position entry point at $111,276.6 / Stop loss if the green support line is broken.

If the price falls sharply from the current level,
it's a long position waiting point up to section 2.
If the price touches or breaks the green support line,
it breaks the short-term pattern, which is not a good strategy for long positions.

2. Long position at $112,974.1, first target -> top section, second target

When it reaches 112.9K, the first section is the upper section for re-entry into a long position.

The uptrend line is the green support line -> the deep blue support line.

From the second section, it could fall to the bottom -> the third section -> 108K.

From the deep blue support line,
a medium- to long-term correction and sideways trading may follow, so please keep this in mind.

As long as the Nasdaq doesn't crash today, that's fine.

Please use my analysis as a reference only.

I hope you operate safely, with a strict trading strategy and stop-loss orders.

Thank you.

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