August 21 Bitcoin Bybit chart analysis
Updated
Hello
It's a Bitcoinguide.
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This is the Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 3 a.m.
The current position is the middle point between long and short, which has a very high possibility of sideways movement.
From my perspective,
Bit broke through the vertical downtrend channel,
and Tether Dominance touched the Bollinger Band monthly chart center line,
so if Nasdaq supports the rising wave today,
it seems that it will rise strongly.
*Red finger
One-way long position strategy.
1. 59,306 dollars long position entry point / stop loss price when the green support line is broken
2. 61,127.5 dollars 1st target -> Top target
The most desirable movement today is
To touch the 1st section at the top, and wait for the 59.3K long for the returning rising wave.
I held it a little tight because I might miss the entry point.
If you can't touch the 1st section or
If you get pushed, it's a long position entry section up to 2 times,
and the stop loss price is the same, so it would be good to use it in real time.
1st and 2nd are extremely horizontal guarantees
3rd sky blue support line is a downward horizontal guarantee
Below that, Bottom -> 56.6K is indicated, so it would be good to use it in real time.
Next week, I have a summer vacation plan for a week,
so
I will leave it as a public release until this Friday and
I will leave.
Up to this point, please
simply refer to and use my analysis
and I hope you operate safely with the principle trading and stop loss price.
Thank you.
Trade closed: target reached
Hello
It's a Bitcoin Guide.
I will check the movement after writing the analysis article on August 21.
This is the Nasdaq 30-minute chart.
I marked the main sections with black fingers.
In the red finger long position strategy,
No. 2 at the bottom, 19655.3 long entry section,
Not coming down,
No. 1 marked -> Finished after reaching the top section.
It broke through the orange resistance line without breaking the green support line.
As I explained in the strategy yesterday,
The 3 o'clock indicator announcement had no particular meaning,
And it ended with an upward sideways movement.
The perspective did not change much while moving sideways,
And the upward trend is continuing,
And the Bollinger Band 30-minute chart support line, resistance line touch,
It is moving sideways. Let's take a look at it together in the analysis article.
This is a 30-minute Bitcoin chart.
I marked the main sections with black fingers.
In the red finger long position strategy,
I could have missed the entry point,
so I proceeded tightly.
If you check the analysis,
(1) After the first touch at the top -> Long entry at $59,306
(2) If it comes down right away, long entry at $59,006 in the second section
As you can see, after the long entry at $59,006 in the second section,
It bounced cleanly along the purple parallel line to the lower tail
The pink resistance line that I marked -> The target price of the orange resistance line
It strongly touched $61,127.5.
A strong rebound came out just under $3,000,
and the strategy was taken profit.
I didn't operate a separate short position, but
It seems that you operated well in both directions in the short position, even from the long position target price to the purple support line
The purple parallel line is not broken and is moving.
Since I explained the mid-term point yesterday,
I will explain the details together in the analysis article.
Thank you.
*비트코인가이드 공식텔레그램 Telegram
t.me/BTG_Group
*빙엑스 BingX 50%DC+$5,000 (청산때,1회수수료)
bit.ly/3E8ZkAW
*바이비트 Bybit 20%DC+$5,020
bit.ly/3iBwXCd
*제로마켓 ZeroMarket ECN계좌 40%DC (해외선물,FX)
bit.ly/3pY0dUv
t.me/BTG_Group
*빙엑스 BingX 50%DC+$5,000 (청산때,1회수수료)
bit.ly/3E8ZkAW
*바이비트 Bybit 20%DC+$5,020
bit.ly/3iBwXCd
*제로마켓 ZeroMarket ECN계좌 40%DC (해외선물,FX)
bit.ly/3pY0dUv
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