BitCoinGuide

September 2 BTCUSD Bybit Chart Analysis.

BitCoinGuide Updated   
BYBIT:BTCUSD   None


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Only 30 Min chart ,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for September 2.


Bitcoin 4 hour chart

Today's approximate Top and Bottom prices are displayed.
around the purple support line

Check the red up/light blue down movement path

In the case of Nasdaq, the Gap Retrieval came out yesterday.
If the movement is normal,
The pattern should show an additional rebound today.

When Bitcoin Break away the green support line,
Please note that all uptrend lines will break.


Based on the above, we have created today's trading strategy.



This is a 30-minute chart one-way neutral strategy.

Investing also involves a lot of psychological factors.
I also think that fighting is important.
In general, do you regret after a strong rise?
Today is the day you need momentum.


In the short term, we judged that yesterday was the most dangerous section.

Until now, the pattern signal is alive,
I proceeded with the calculation until yesterday's unfinished wave.

I'll start by holding the hand loss short with a hot pursuit.

I mentioned that you start with a long at $20,000 today.
It started with Melona.


* When the red arrow moves

Long -> Short -> Long Switching Strategy

1. 20136.5 long position entry section / Stop loss price when departing from purple support line

2. $20885 short position switching / Stop loss when the blue resistance line is broken

3. $20325 long position entry section / Stop loss autonomy

If adjustments are made immediately from the current location
I think you should wait for a long time near the green support line at the bottom.

A break below the green support line at the lower end of the day will result in no uptrend line.


My analysis is for reference only.

If you succeed in rebounding today
During the weekend, good movements can come out of circulating pumping in the major altcoins.
good use of it

While referring to the Nasdaq movement, I hope that you operate safely with the essential stop-loss in principle trading.

You've worked hard this week too.

Have a good weekend.


thank you.
Trade closed manually:

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

In the long -> short switching strategy

2002 After touching an additional $1.5 long entry section
The red resistance line followed the Nasdaq and moved lower.

A breakout of the purple support line has progressed.
It looks like it was about to be liquidated at the end of the year or at the end of the year.

The transaction was processed manually.

I reached the bottom section at the bottom over the weekend.
The last bright sky blue is undermining.

A new jubong was made today from the jubong in August.
I think it would be good to see it as the first starting point of the month of September from today.
Let's look at it as a whole.

I'll see you later.

thank you

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