BTCUSD Bybit Chart Analysis August 6

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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 6 th .

This is the movement after the analysis on August 5th.

There was no entry position,
A strong rebound from the Bollinger Bands 4-hour chart support.

Breaking the green resistance line,
rise has occurred.

The trading strategy has been cancelled.

4 hour chart.

Approximate top price and bottom price are displayed.
The check section at the top is the bollinger bands center line
of Weekly candle chart.

If you touch this section until the weekend

If the uptrend continues next week, it should follow the sky blue resistance line at the top. can keep uptrend.


Purple parallel support line, strong bullish

Within the convergence zone of the dark blue resistance line / the red support line
Created today's trading strategy.

This is a 30 minute chart long position strategy.



* When the red arrow moves


long position strategy

$40532 Long position / Bollinger Band 30-minute breakout price stop loss.


The final target is the Top section.

Here's a little bit important.

Because the check section is a place that can be continuously raised upwards
You can take the trend by trailing stop or correcting stop loss.
I think it would be good


* When the light blue finger moves

This is a short -> long switching strategy.


$40532 Short / Stop Loss on Breaking Orange Resistance Line

Last Bottom Section
38648 long position switching / stop loss when the red support line breaks


I have a personal urgent business today.
I have to leave right away.
I don't know if I'll be able to come back in the evening.

I hope you didn't wait too long

Principle trading / Stop loss is essential
I hope you trade.


have a nice weekend everyone


thank you.

Trade active:

Trade closed: target reached:

$ 4546.5 profit