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Here is the Bitcoin 30-minute chart. The Nasdaq Non-Agricultural Index will be released at 9:30 in a little while. I carried out the strategy according to the Nasdaq pattern.
*When the blue finger moves, Two-way neutral strategy
1. $56,579 short position entry section / Stop loss price when breaking through the pink resistance line 2. $55,520.5 long position switching / Stop loss price when breaking through the green support line 3. $58,008.5 long position 1st target -> Top 2nd -> Good 3rd
If it falls immediately without a short position entry position at the top, Please refer to the double bottom price of section 1 at the bottom. Because it is just before the upward trend in Tether Dominance,
As of this week, if only $53,310 at the bottom does not break away, It is not bad from a long position standpoint. Up to this point, I ask that you simply use my analysis for reference and use only. I hope that you operate safely with principle trading and stop loss prices. Thank you for your hard work this week.
Thank you always.
Trade closed manually
Hello
It's a Bitcoin Guide.
I will check the movement after writing the analysis article on September 6th.
This is the Nasdaq 30-minute chart.
I marked the main sections with black fingers.
In the sky blue finger short->long switching strategy,
After entering short at the top at 18812.4
It failed to break through the orange resistance line
And was pushed to the bottom at the 18525.9 long switching section.
Gap3 and 18.5K were the support lines of the Bollinger Band daily chart.
Since the shape was not bad,
I expected it to be a major rebound section,
But it was pushed down with force and
It broke away to the bottom.
Last week's movement created a New Gap section of 18342.6 at the bottom.
At the bottom, the only support zone is
the weekly support of the Bollinger Band that everyone knows + the monthly central line
whether it will go down or whether there will be various variables in the middle
I think we need to carefully examine it.
In fact, since the distance to the monthly chart central line is far
I think we need to look at the flow closely.
I will explain the details together in the analysis article.
This is a Bitcoin 30-minute chart.
I marked the main sections with black fingers.
In the sky blue finger short->long switching strategy,
After entering a short position at the top of $56,579,
it failed to break through the pink resistance line
and fell to $55,520.5 -> bottom -> $53,310 (main support line at the mid-term point).
The strategy is manual liquidation.
In line with the Nasdaq index announcement time,
I succeeded in entering the 56.5K short at exactly 9:40,
and since the Nasdaq real-time rebound was not good,
I think you operated it without difficulty according to the Nasdaq movement in real time after the initial short entry.
It deviated strongly, but as I explained repeatedly last week,
the rebound is in progress at 53.3K bright blue,
and those who understand the analysis must have operated it safely in both directions.
With this movement, a gap of 52,824 dollars was created at the bottom,
and today, I will proceed with the strategy well according to the Nasdaq movement.
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