BTCUSD Bybit Chart Analysis August 11

BYBIT:BTCUSD   Bitcoin / U.S. Dollar

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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 11 th .

This is the movement after the analysis on August 10th.

At the triangle convergence of the pink resistance/purple support line.
Failed to break through the pink resistance line.

After breaking the purple support line -> after the red support line rebounds Finished.

If you click the replay button,
According to the blue finger movement path
There was movement.

4 hour chart.

Today's approximate Top and Bottom prices are displayed.

Green Resistance / Red Support
It seems that the direction is determined within the convergence section.

Red up trend / light blue down trend movement path check

I made today's trading strategy.

30 minute chart neutral strategy.

Ignoring up and down movements in the case of sideway move
There may be movement within the orange resistance/red support line convergence zone.
please note.

* When the red arrow moves

long position strategy

$45581.5 Long position entry section / Stop loss price when the purple support line is broken

The final target is the Top $47521.
You can continue the trend with a Stop Loss correction.

* When the light blue finger moves

Short -> Long Switching Strategy

After touching the purple support line, depending on whether it is damaged or not
$4329 short position entry section / Stop loss when breaking the orange resistance line

Final $44223.5 long position switching / Stop loss when breaking the orange support line

Some of you may be confused about the middle movement.
I just checked the entry section.

You only need to check the movement path according to the finger section.

It is a spot exchange

red arrow moving route

If The overshooting section is pink broken, about 46434 dollars, depending on the point at which it breaks through
Major altcoin operation

When the light blue finger moves

You can also aim for altcoin circulation pumping near the orange support line.

My analysis is for reference only.

Additional comments in the afternoon will be made flexibly depending on the situation.

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

thank you.

Trade active:
Trade active:
Order cancelled:
Good Altcoin move
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