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BTCUSD Bybit Chart Analysis August 25

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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 25th .

This is a move after a private comment.

According to the path of the light blue finger

After entering the $49493.5 short, it is the $1235.5 profit section.

The green support line has been reached.

4 hour chart.

Approximate Top Price / Bottom Price of the Day
I have indicated

Red parallel line (light blue yesterday) before and after breaking the support line
Today's direction seems to be decided

Red up trend / light blue down trend movement path check

Created today's trading strategy

30 minute chart neutral strategy

Pink overshooting section /
The purple $47294.5 is the entry section where the long , short overlaps.

Based on the small convergence section of the red support line / orange resistance line

* When the red arrow moves

long position strategy

On condition that you do not break through the pink overshooting section

$47294.5 Long position entry section / Stop loss when breaking the red support line

The 49490.5 top section is a target
If the rebound is successful, a further uptrend may come out after tomorrow.

A stop loss correction is advantageous.

* When the light blue finger moves

Short -> Long Switching Strategy

$47294.5 short position entry section / Stop loss when the pink resistance line is broken

$ 46094.5 Long position switching / Stop loss when breaking the sky blue support line

My analysis is for reference only.

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

thank you

Trade active

Trade closed: target reached

$ 1683 Profit.

Thank you

BitCoinGuide

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