BitCoinGuide

September 1 BTCUSD Bybit Chart Analysis.

BitCoinGuide Updated   
BYBIT:BTCUSD   None



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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 September 1.



Bitcoin 4 hour chart.

Today's approximate Top and Bottom prices are displayed.
A new last support line has been created at the bottom.

around the green support line

I have marked the red up/light blue down movement path.

A long-term downtrend is underway on the Nasdaq.
Whether or not Bitcoin will continue to couple seems to be the key.

The Nasdaq continues to be short, so there are many concerns.

Ignoring the wave/pattern and suddenly there is a downtrend
It seems to be more important to understand the movement based on the support line rather than the movement path.


There are two indicator announcements at 9:15 pm / 11 pm today.
Likewise, all indicator announcements should be viewed as bad news.

Based on the above, I made today's strategy.



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

Until the direction is revealed for the time being, we plan to proceed in both directions.
The Nasdaq shows no signs of rebounding today.
There was a lot of trouble because it was falling without giving a short entry position.

Currently, there is no minimal rebound on the Nasdaq.
The possibility of a vertical decline should be taken into account.

The release of the indicator was judged as a bad news.

Even if the good news comes out today, it doesn't look like it's going to go up much.


* When the red arrow moves

Long -> Short -> Long Switching Strategy

1. 20007.5 USD Long position entry section / Stop loss when departing from the green support line

2. $20547 short position entry section / Stop loss when the red resistance line is broken

3. 20009 dollars long position switching / Stop loss when the green support line is broken


The sky blue support line is the last uptrend line we have just created.
From the departure, only a downward wedge will remain.


A good movement should come out of the beat,
There seems to be a good move in major altcoins as well.

For the time being, on condition that you do not deviate from the danger zone
Minor Alt Circulation Pumping -> Major Altcoin

And when Bit was bullied
I don't think there will be a rebound or further decline.


I have to substitute the Nasdaq movement,
Chart analysis is much more difficult than it looks.

Beginners might be better off watching.
If you are not in the process of entering,
In the afternoon, we recommend that you run only one short one-shot, one-kilo.

You may want to try a single trade or reverse trade.
For the time being, it seems to be advantageous to operate short-focused until the light comes out.


My analysis is for reference only.

Principle trading / Stop loss is essential, I hope that you operate safely.


thank you.



Trade active:

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

Nasdaq brings its own rice bowl.
Only the beat is stepping in place

The light blue support line I marked was the last support line.
Yesterday's strategy was to increase the stop loss as much as possible and hold out.

Fortunately, the most dangerous section does not deviate
It is the end of the weak profit section / extreme sideways guarantee from the entry section.

If you followed the Nasdaq movement normally

Should have reached the red resistance line at the top
Movement is very difficult

Coupling with Nasdaq is also halfway progressed, which makes it more complicated.
Falling down when going down, sideways when going up

A new september was created
Last month's main pay deadline is today, so if you endure it somehow
Looks like the direction will come out next week.

You worked hard yesterday, and today is also fighting.

See you later in the analysis article.

thank you

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