BitCoinGuide

August 5th BTCUSD Bybit Bitcoin Chart Analysis

Long
BYBIT:BTCUSD   None





Hello,

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I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 6th .







It is a 30-minute chart created yesterday.

Without adjustment,
The blue route And uptrend Finish.

Within the red parallel
It was a move.






This is a daily chart.


The main section was divided into three places.


With this focus in mind, I made a Trading strategy.






Today's trading strategy.

30-minute chart / One-way long position strategy.


Within the green parallel line,
I brought a strategy.


Blue moving path and long position entry section,
Check entry timing.

Red resistance line, orange trend line convergence section
Green resistance wire

At the top, check the purple finger.


If it rises slowly,
There is no need to enter the short position.


I can't break the red resistance line
When the orange line deviates,

At the bottom of the red finger section
Please pay attention.


*In the blue route, on the spot exchange
Simultaneous operation of Bitcoin and Bitcoin-related shares.

BTCSV ETC...

* During the red movement path,
Major altcoin.


Good luck.


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