BitCoinGuide

August 8 BTCUSD Bybit Chart Analysis.

Long
BitCoinGuide Updated   
BYBIT:BTCUSD   None




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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 8.



We will check the movement after writing the analysis on August 5th.

Before the movement, it is the movement after the last comment of Bitcoin.
I marked the main sections with black fingers.

Following the Nasdaq movement,
There were fewer waves than expected.

From the left, as the arrow moves

* $23117.5 pursuit long position / $305.5 profit section
* $23412 short position switching / $549.5 profit section
* $22864.5 long position switching / $481 profit section

Round-trip, up to $1336 profit section.

It's been a boring chapter since the sidewalks have been long lately.

Fortunately, on Friday, the perfect strategy succeeded,
I don't know if everyone is doing well.


In the state that the upper gap reversal has not come out yet
A new gap section of $23177.5 occurred.

According to today's Nasdaq move,
Let's see how the direction turns out.

See you in the Today analysis .




4 hour chart

The main Bitcoin main section is engraved with MACD Golden Cross.
Nasdaq 12-hour chart MACD deadcross pressure and medium-term trend pattern
It's broken.

Today's approximate Top and Bottom prices are displayed.
around the purple support line

Check the red up/light blue down movement path

I made today's trading strategy.





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

Conversely, the Nasdaq decline is a strategy that ignores the downside.
We created a strategy based on the Bitcoin main chart MACD Golden Cross and the current pattern.

The top price at the top has been slightly modified to fit the strategy.

* When the red arrow moves

Short -> Long Switching Strategy

1. $23458.5 short position entry section / Stop loss when breaking the red resistance line

2. $23122.5 long position switching section / Stop loss when the purple support line is broken

The final target will be the Top price,
If the trend continues, it can be connected to the gap section.
We recommend maintaining a long position and correcting Stop Loss.

When adjustments are made from the current position
Pay attention to the light blue finger entry section.

If the strategy is successful, the spot exchange
I think it would be good to run Bitcoin + major altcoins simultaneously at the time of entering long positions.


If today's green support line is broken, all cuts will fail.

My analysis is for reference only.

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



Thanks for reading.





Trade closed: stop reached:

The waiting spot, the short entry of the Bollinger Band's 4-hour resistance line,
Breaking through the 6-hour resistance level

There was a vertical rise.

The beat met the condition for vertical rise, but
Nasdaq mid-term pattern is broken + 12-hour chart MACD deadcross in progress
The long-awaited return of the gap last week
It is connected like a vertical rise.

As indicated, from the $23458.5 short entry section
We processed a weak stop until the red resistance line crossed the additional bar.

Break through the marked Top -> After returning to the gap
It continues to move upward , and the nearest resistance line is
It's a Real Blue resistance line.

Please Note to the Nasdaq Movement,
I hope the rest of your time goes well.


thank you
Order cancelled:
Hello

It's a Bitcoin guide.

I will check the movement after writing the analysis on August 8th.


This is the move since the last comment on Nasdaq.
I marked the main sections with black fingers.

It was a strategy that ignored the 12-hour chart MACD dead cross.
There is an uptrend, but a sharp correction proceeds in an ambiguous spot at night

The previous high was exceeded
Failed to reach the top section, indicated at the top

The purple support line is broken -> the green support line is reached.

Because it was a pursuit long position strategy.
It broke the purple support line and was cut off.

12 hour chart MACD dead cross is being engraved.



Bitcoin movement since the last comment.
I marked the main sections with black fingers.

After the vertical rise in the morning,
The arrow movement path focused on the upward wave, but
I can't even touch the wave and resistance line.

Without any wave, the Extreme sideways were finished.

I told him not to come out sideways, but in the end, sideways move came out.

After touching the arrow up, because it was a long position strategy
strategy is to cancel

I think you did well in real-time operation from each position.

Nasdaq red flag is imprinted
Let's take a look at how the movement will come out one by one.

It seems to be the most difficult to analyze these days.

Nasdaq Bitcoin Brothers
I have to give up my soul today

See you soon with a hot strategy.

thank you

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