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 th .

"Gap" Weekend gap difference section return complete

The main movement is the 4-hour chart MACD dead cross.

In a small trend

In a small trend
BB 2 hours support / BB 30 minutes resistance It is a downtrend winner.

It seems that the current position will create a wave and the direction will be determined.
I'll take a closer look at the whole thing.

4 hour chart

Today's approximate Top/Bottom price is displayed.

2 hour support / 30 minute resistance
It is a downtrend based on a small trend.
If there is no further uptrend from the current position
6 hours MACD dead cross can be connected

Before and after breaking the red support line

red uptrend / sky blue Down trend

Created today's trading strategy.

30 minute chart neutral strategy


Top price change and orange parallel line according to strategy /
purple parallel lines

Added to key time zones

The sideway move was ignored.


* When the red arrow moves

long position strategy

along the purple parallel line
must rise strongly


$49451 long position / Stop loss when the purple support line is broken


The final target is $51463.5.
When this section is reached, all uptrends are complete.
You can ignore the MACD deadcross of major sections.


I think it would be good to continue the trend with a stop loss correction.

It can be the second zone entry section after the last time.



* When the light blue finger moves

Short -> Long Switching Strategy


$49029 short position entry section / Stop loss when the green resistance line is broken
(I'm taking a long stop loss because there's been a lot of cheating lately)


$47203 Long position switching / Stop loss when breaking the sky blue support line


If there is a sideways trade today,
It will be the convergence section of the green resistance line / red support line.

red parallel line to the right

Green parallel line downwards


The spot exchange is indicated by the red arrow.

Simultaneous operation of major altcoins including bitcoin
When the light blue finger moves
I think it's going to be a major switch in the rebound period after running a job alt.


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


thank you

Trade closed: target reached:

private comment.

short -> long switching
1400 round trip profit section