Description
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Hello,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 4th .
It is a 30-minute chart created yesterday.
Without Breakaway the green support line,
After uptrend the gap on the weekend,
Sideway move finish.
1 hour chart.
I share the main sections of the day.
Triangle Convergence section of purple section / orange section,
Risk sections are Pink line at the bottom.
Focusing on this part, I brought a trading strategy.
30-minute chart, neutral strategy.
Check the green/red convergence section.
1. Blue route -> Long -> Short switching
Within the red parallel line, Sideway move
2. Red path,
Short -> Long switching
Within the green parallel line, Sideway move
Now the move is,
In Altcoin, a better move can come out.
Good luck.
Thank you.