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BitCoinGuide
Aug 30, 2021 1:18 AM

August 30 BTCUSD Bybit Chart Analysis 

Description









Hello ,

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It’s BitcoinGuide.

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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 30th .










Last week I had a lot of personal schedules.

It was a simple analysis.

After breaking the green -> purple support line indicated
The sideways trade closes near the red resistance line.

Gap retrace completed in the morning.

Touching the 6-hour support for BB on the downtrend
Uptrend BB 3 hours to touch resistance line

Currently, it has a downtrend and, depending on the situation, the 4-hour chart MACD dead cross can proceed.









4 hour chart

Today's approximate Top/Bottom price is displayed.

Monday is usually a strong trend.
Should you focus?


Before and after breaking the purple support line

Ignoring the sideway move.


red top / sky blue bottom

I made today's trading strategy


If you reach the top section of the red arrow movement route today
It changes to an uptrend again while touching the 12-hour BB resistance line.

The purple support line is in a up pattern.
in the safe zone, but if Breakaway
The decline may accelerate

Please note









30 minute chart neutral strategy

Depending on the situation, the top price / bottom price has been slightly modified.

Sky blue parallel line (strong up trend section) has been added

The middle purple price is $48824.
It is a place where long shorts overlap.

Side ways is a strategy that ignores

If there is a sideways trend today

Within the red resistance/purple support level.
movement is expected

Because it is currently touching the 3-hour center line in an uptrend.
It's flowing to the right

It seems that the direction of the arrow or light blue finger will be decided soon.





* When the red arrow moves

long position strategy


$48824 Long position entry section / Stop loss when the maximum purple support line is broken (up to the right)

The final target will be $50513.5 in the Top section.
When this section is reached, the correction is finished and the uptrend can be maintained again.



* When the light blue finger moves

Long -> Short -> Long Switching Strategy


$48197 Long position entry section / Stop loss price when the purple support line is broken

48824 Short position switching section / Stop loss when breaking through the maximum red resistance line
(If you fail to break the red resistance line, you can expect a sideways guarantee)



Strong Rising Until Breaking Out of Sky Blue Support Line Major Altcoins
Simultaneous operation of job altcoins up to the purple support line



A somewhat stable stop-loss section would be a purple support line.



I'm out of my mind because of the tournament schedule.

Depending on the situation, analysis may be conducted privately for the time being.
Please note


Principle trading / Stop loss is essential, so please operate safely.


thank you




Trade closed: target reached



Click the , replay button at the top of the analysis.


private comments
Comments
Mihai_Iacob
Good analysis.Thanks for sharing
BitCoinGuide
@OptimoomFX, Thank you
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