Bitcoin bybit chart analysis August 8Hello
It's a Bitcoinguide.
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If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
I tried to take it as it was while operating the last position yesterday.
This is pretty damn long.
I changed it to the long position entry section as it was at that price.
*In arrow movement path
Long -> Short Switching Strategy
1. $29234.5 entry into long position / stop loss when breaking the green support line
2. Entry into short position at $29560 / stop loss when the red resistance line is broken
Following the adjustment, the short position target section is
As indicated below
29394 dollars -> purple support line -> sky blue support line in order.
The strategy will continue tomorrow.
My analysis is for reference only.
I hope you will operate safely with the essential 6 types of stop loss in principle trading.
thank you