August 2 BTCUSD Bybit Chart Analysis.

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Only 30 Min chart ,
In real time, you can check major sections and move,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 2.

After writing the analysis on August 1st, I will check the movement.

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

I followed the Nasdaq movement diligently, but
Unfortunately, the back was no power.

Following the pink parallel line we marked
The end of the side way move.

There was a rebound in the middle, but
Since it completely broke the green support line, it is a stop loss.

On August 1st, the fluctuation range up and down is up to $652.
Both long and short positions are unprofitable.
It was an extreme sideway move.

The strategy was good, but the last wave was disappointing.

However ,
As a whole, the 12-hour chart MACD dead cross is engraved.
Super save was achieved without major departure,

Let's take a closer look at the whole thing.

4 hour chart

Recently again, including Nasdaq variables
Difficulty level is extreme.

There are no important indicators to be announced.

when i checked in the morning
Touching the 6-hour support at 4+6, the pattern is broken.
You cannot touch the sky blue support line today.

Depending on the situation, the daily chart MACD dead cross may be engraved.


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.

Nasdaq analysis is also difficult, but the difficulty is very high as it comes out sideways.

I'll go simple.

Red arrow one-way long position strategy.

While touching the center line for 12 hours a while ago,
The 6+12 pattern has been restored and, based on what I see, I proceeded with parallel line drawing during the trend.


It starts with the first $22780.5 long.
As a condition, of course, the 5-minute peak trend change must also be connected from the current section.
The rebound should continue without breaking the purple support line.

Now that the pattern has been restored,
It's important to be strong.


If the green support line breaks today -> the sky blue support line is touched
In the mid-term trend, the pattern may break again.
It's not always good for a long position.

Instead, today's Nasdaq crash or daily MACD deadcross does not connect
Please note that the sky blue support line is difficult to break away from.

Nasdaq is moving sideways, with the Nasdaq pattern recovering in the middle
All movements of Bitcoin were substituted when the wave increased.

Beginners, don't be greedy
Let go of the little waves.
The possibility of extreme sideways trade is high, so please wait until the afternoon and place a bet where the probability is high.

I think it would be good to watch it as a standard for those who are entering long or short.




* When the red arrow moves

Long -> Short -> Long Switching Strategy


1. $22780.5 Long position entry section / Stop loss price when departing from the sky blue support line
(As explained above, further declines may occur after tomorrow if the green support line is broken.)

2. $23435 short position switching section / Stop loss when the red resistance line is broken

3. 22630 long position switching section / Stop loss when breaking the sky blue support line

The final target is the gap return section at the top.


If the sky blue support line breaks today, all strategies will fail.

There is a possibility of sideways crossing, so please be aware.

Also pay attention to the Nasdaq movement.


Never trust my analysis.
Please, just a note

Principle trading / stop loss is essential in each position, so please operate safely.


thank you.

Trade closed: target reached:

Hello

It's a Bitcoin guide.

After writing the analysis on August 2nd, I will check the movement.

This is the move after the final close of the Nasdaq.
Check the main section with a black finger

The 1+4 rising pattern is not directly connected.
It was conducted in the night wave.

You cannot touch the first arrow and the second arrow entry.
Counting from the next wave.

*12832.4 points long position -> 258.6 points profit section
*13079.2 point short position -> 207 point profit section

The maximum is 465.6 profit section.

Congratulations to all who made a profit.

In the case of Nasdaq, the 6-hour chart MACD dead cross was engraved.
Today's 12-hour chart MACD dead cross fight.

This is the move after the final round of Bitcoin.
I marked the main sections with black fingers.

First, arrow 22780.5 after entering the long position
Achieved up to $684 profit section.

After reaching the red resistance line, the sideways trade has ended.

Yesterday I showed you at the bottom,
There was no touch of the daily center line
There has been no breaking of the red resistance line this week.

Based on the gap at the top
It seems that the direction with the Nasdaq will be decided.

I will run hard today.

thank you