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Here is the Bitcoin 30-minute chart.
No Nasdaq indicators announced today
If it doesn't crash for no reason, I expected it to rebound to the upper limit, so I only focused on Bitcoin and Tether dominance.
*One-way long position strategy when the red finger moves
1. $54,770 long position entry section / green support line breakaway, stop loss price
2. $56,729.5 long position 1st target -> Good 2nd target (Top section is the center line of the 12-hour Bollinger Band chart, but you can operate it as short->long or long waiting in the middle wave that I indicated.)
Up to the 1st section at the top and the 2nd section convergence section, it is a sideways market If the 2nd section at the bottom breaks away, there is a risk of additional decline.
As a medium-term point, if it holds up to the gap section of the Jinpa-rang support line, it can continue to rise.
Before and after the Jinpa-rang support line is broken, whether the MACD dead cross on the monthly chart next month will be determined, and from the medium-term pattern perspective, the Bollinger Band weekly chart support line touch -> weekly support line + monthly central line touch at the same time in order.
Before reaching the place that everyone is waiting for, I think it is important to fight from the current position, right?
Up to this point, I ask that you simply refer to and use my analysis
and I hope that you operate safely with principle trading and loss cut prices.
Thank you.
Trade closed: target reached
Hello
It's a Bitcoin Guide.
I will check the movement after writing the analysis article on September 9th.
This is the Nasdaq 30-minute chart.
The main sections are marked with black fingers.
In the sky blue finger short->long switching strategy,
Without entering a short position at the top
After touching the 1st section marked at the bottom
It ended at the orange resistance line.
Maybe because there was no indicator announcement
It was a very sideways movement without much movement.
It is still moving sideways without touching the center line of the Bollinger Band 4-hour chart.
I will explain the details together in the analysis article.
This is the Bitcoin 30-minute chart.
The main sections are marked with black fingers.
In the red finger long position strategy,
After entering a long position at $54,770 at the bottom,
It broke through the pink and orange resistance lines shown as it is,
And reached the target price Good section.
If only variables such as a crash in Nasdaq
And only sideways movement occur, Bitcoin is peaceful.
The strategy is to take profit.
Since the rebound is strong,
I explained that the long position entry section will appear once more in the top section.
Luckily, the rebound is currently in progress.
I will explain the details together in the analysis article.
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