Bitcoin Bybit chart analysis August 2Hello
It's a Bitcoinguide.
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Here is the Bitcoin 30-minute chart.
First, since it has come down to the desired level on Nasdaq,
I created a strategy based on the Tether Dominance Double Top.
The purple finger on the lower left
is the final $62,583 long position entry point yesterday.
*When the red finger moves
Long position strategy
1. $64,085 long position entry point / cut-off price when the green support line breaks
2. 66,522 long position 1st target,
target price in the order of Good -> Great during the weekend
No. 1 on the top is today's best short position entry point
No. 2 on the bottom is the sideways movement point, and when it breaks
it will reach the double bottom point No. 3.
3 is the section that is not broken through when maintaining the double top in Tether Dominance,
and the bottom section is
the daily chart Bollinger Band support line,
and everyone knows it and everyone is waiting for it.
I used the strategy for the red finger in the middle wave,
and when cutting losses, you can do a final long wait at 3 or the bottom, right?
Up to this point, please use my analysis as a reference and only
operate safely with the 6 principle trading + stop loss price.
Nasdaq is really a tough friend.
It's hot, so you worked hard this week too.
Thank you.
