BTCUSD Bybit Chart Analysis August 23

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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 August 23.

Bitcoin 4 hour chart.

today's approx.
The maximum top price and the minimum bottom price are displayed,

around the purple support line
Check the red up/light blue down movement path

The Nasdaq is in the upper gap and the daily major rebound in the lower part.
It appears to be moving.

I made today's trading strategy.

This is a 30-minute chart one-way long position strategy.

Overall, the possibility of a sideways trade is very high today.
As for the Nasdaq situation,
Because the bit also touched the one-hour resistance line
If there is no vertical drop from the current position,

According to the Nasdaq movement, it seems that there will be movements in the right-to-left and to the right.

I put my weight on the right-hand side.

The orange resistance line is the center line of the 6-hour bar.
Breaking through this section is important.


* When the red arrow moves

Short -> Long Switching Strategy

1. $21611.5 short position switching section / Stop loss when breaking the orange resistance line

2. $21318.5 long position switching / Stop loss when breaking the green support line
(Check the shape of the support line in real time, and even look at the green support line for the possibility of polar sideways)

$22060.5 long position target and short position operation section

At the spot exchange

To the long position entry section
1st job alt operation section

After waiting for the second job alt re-entry
You might want to try the entry timing.

Even if the strategy is successful, the fluctuation range is not large,
I think that the bit will not make a good move in the altcoin in the risk zone.

My analysis is for reference only.

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


Thank you for reading today.

Trade active:

Bitcoin movement since the last comment.

Following Nasdaq, polar sideways finish

6-hour bar center line touch
Because it was after 9:00 when the additional 6 hour candle was created.
It is advantageous to operate mainly in long positions due to the possibility of breakthrough.

But ,Couldn't break the orange resistance line and went sideways.

strategically

* I entered the $21611.5 short position section.
I hope that you operate safely in each position.

Strategy is active processing

Yesterday's cosmos jap alt movement was good.

For more details, check out the analysis.

thank you