October 4 Bitcoin Bybit chart analysisHello
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Here is the Bitcoin 30-minute chart.
There will be an announcement of the Nasdaq index at 9:30.
Long position entry section in the strategy on October 2
From the purple finger at the bottom left at $59,955.5
I connected it to today's strategy.
*When the red finger moves,
One-way long position strategy
1. $60,980 long position entry section / Stop loss price when the sky blue support line is broken
2. $62,588 1st target -> Additional target price from Top to Good during the weekend
Touch the 1st section at the bottom
If the sky blue support line is maintained, an upward sideways market
If the bottom section is broken, the next support line
is the 2nd section at the very bottom.
Up to this point, please use my analysis article only for reference and use
I hope you operate safely with principle trading and stop loss price.
Thank you.
Bingx
October 2 Bitcoin Bybit chart analysisHello
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Bitcoin 30-minute chart.
*Red finger one-way long position strategy.
1. $60,569.5 long position entry point / stop loss price when green support line is broken
2. $63,643.5 long position 1st target -> Top, Gap additional target price
(Target price during holidays / daily candlestick creation point on the right)
If it falls immediately from the current position,
it is the long position entry point until the final 1st section,
and if the green support line is broken,
check the Bottom -> 58K main price at the bottom.
Please use my analysis article only for reference and use,
and I hope you operate safely with principle trading and stop loss price.
Thank you.
September 30 Bitcoin Bybit chart analysisHello
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Here is the Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 2:55 AM.
Nasdaq is likely to move sideways,
and Bitcoin and Tether dominance are the problem.
The key to today's strategy is the decline of Tether dominance in line with the Nasdaq's rebound section.
Tether dominance is in an upward trend.
I created today's strategy according to the sweep or gradual decline of Tether dominance.
*Red finger movement path
Long position strategy
1. $63,279 long position entry section / cut loss price when the green support line is broken
2. $65,265.5 long position 1st target -> Gap, Good, Great
Final target price up to the red vertical line on the right
The rising wave in the middle is a long position profit-taking and re-entry,
I think it would be good to use it in real time.
We even operated the possibility of a Gap section reversal at the top.
The beat is currently in a vertical decline.
As of the current point in time when the 5-minute trend change has occurred,
The purple finger section 1 indicated at the top
is a minimum upward wave.
It would be good if short->long progressed to the bottom,
and if it comes down right away from the current position,
the final section 2 is the long position entry price.
If you look at it the other way around,
63.2K will gradually decline based on the Tether dominance, and the section 2 will be swept away, right?
If it falls right away from the current position without a minimum wave,
it will be connected to a vertical decline, so you should be careful.
(Bollinger Band 5-minute resistance line touch section)
The green support line is a meaningful section,
so it is best not to deviate from the long position position.
Since it is almost the same as the initial long position entry price,
we proceeded with a stop loss price with plenty of room.
The Bottom section at the very bottom is
the major support line that everyone knows
6+12 section.
If you drag up and down,
I've drawn the major support and resistance lines up and down
and you can check the major prices, so I think it would be good to use it in real time.
More than anything, the movement of Nasdaq is important.
Up to this point, I ask that you simply use my analysis for reference and use
I will see you tomorrow, Tuesday, after the holiday, on Wednesday.
Thank you for reading today.
September 25 Bitcoin Bybit chart analysis*This week, due to circumstances, I will share the analysis article until today
and return on September 30th.
I ask for your understanding.
This is the Bitcoin 30-minute chart.
There will be an announcement of the Nasdaq indicator at 11 o'clock in a little while.
A 12-hour chart MACD dead cross was engraved a little while ago.
Nasdaq strong rise, Tether dominance moving in the opposite direction of Bitcoin
With a strong decline condition,
September 24th closing section,
I created today's strategy by connecting the purple finger 64,330 dollar short position entry section on the upper left.
*Red finger movement path
Long position strategy
1. 63602.5 dollar long position entry section / green support line breakaway stop loss price
2. 64613.5 dollar long position 1st target -> Top 2nd -> Good 3rd
I marked the sky blue finger section at the top
If you touch this section first,
the 63.6K long position entry section will be applied more advantageously.
If you do not touch the support line of the 1-hour Bollinger Band chart,
a strong decline may occur in Tether Dominance.
From the 1st section, orange resistance line breakaway, an upward trend can be connected,
and the 2nd section at the bottom is a sideways market,
but if you break away from this section,
you may fall to the 6+12 section that comes back, so please note.
If the strategy is successful along the red finger movement path,
I left an additional long position entry section in the middle,
so you can use it.
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.
I will see you next Monday.
Thank you.
September 23 Bitcoin Bybit chart analysisHello
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Here is the Bitcoin 30-minute chart.
There is no separate Nasdaq indicator announcement today.
With the 12-hour chart MACD dead cross pressure in progress,
I entered Bitcoin into the Nasdaq 1+4 rebound section.
*When the blue finger moves,
Bidirectional neutral
Long->Short switching strategy
1. 62,822 dollars long position entry section / stop loss price when the green support line is broken
2. 64,330 dollars short position switching / stop loss price when the orange resistance line is broken
Final short position maintenance or long position switching depending on the situation after tomorrow.
The sections 1 and 2 at the top
are extreme sideways or rising waves.
If a strong rise occurs when the 1st touch->2nd connection occurs,
it can rise to the top section along the purple parallel line.
From the bottom, it is the next pattern of 4+6 where this rebound came from. I think it would be good to think of it as a 6+12 section.
Depending on whether there is a vertical decline, it can fall from the bottom to the 3rd -> 4th section.
Up to this point, I ask that you simply use my analysis for reference and use only.
I hope you operate safely with principle trading and stop loss prices.
Thank you.
September 20 Bitcoin Bybit chart analysisHello
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Here is the Bitcoin 30-minute chart.
There is no separate Nasdaq indicator announcement today.
In the section with a high possibility of sideways movement,
I created today's strategy centered on Tether dominance.
*One-way long position strategy when the red finger moves
1. $62,924 long position entry section / stop loss price when the green support line is broken
2. $64,272.5 long position 1st target -> Top, Good, Great
Target price in order during the weekend
If the strategy is successful,
You can use additional long positions in the wave section that proceeds from the last red finger.
The movement within the orange resistance line / green support line
is an extreme sideways market.
From the breakthrough of the 1st section at the top, it is an upward trend section.
From the touch or breakout of the 2nd section at the bottom,
It can fall to the next pattern, the 1+4 section, Bottom.
Please check the 3rd price support line at the bottom until the weekend.
Up to this point,
I ask that you simply use my analysis for reference and use only
I hope that you operate safely with the 6 principles of trading and the stop loss price.
Thank you.
September 19 Bitcoin Bybit chart analysisHello
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This is the Bitcoin 30-minute chart.
There will be a Nasdaq indicator announcement at 9:30 and 11:00 shortly.
Bitcoin has currently reached the Bollinger Band daily chart resistance line and
the weekly chart center line.
It is different from the short position operation method,
and the weekly chart center line is not the first touch,
so I see a high possibility of raising it with force,
and I focused on long positions based on the Nasdaq flow and current pattern.
*Red finger movement path
One-way long position strategy
1. $61,940 long position entry section / stop loss price when purple support line is broken
2. $64,272.5 long position 1st target -> Good 2nd -> Great 3rd
Currently, the 1-hour chart MACD dead cross is coming out in this order,
but if the 1st section at the top is touched or broken through first,
the dead cross will be ignored and the upward trend can be connected right away.
At this time, the 2nd section at the bottom
I think it would be good to see it as the minimum upward wave that connects to the 1st section.
It can be connected to a vertical rise.
When reaching the top section, depending on the situation,
Rather than entering a short position, the finishing section at the bottom of $63,420
is expected to be an additional entry point for a long position,
but please set the stop loss price personally and operate it.
From the purple support line breakout
From the bottom, there is a possibility of sideways movement or additional adjustments after tomorrow.
If it breaks through the black resistance line 1 section today
Since it is a channel that must be broken through
You can see it as a somewhat meaningful movement from a long position standpoint.
Up to this point, I ask that you simply use my analysis for reference and use
I hope you operate safely with principle trading and stop loss prices.
Thank you.
September 12 Bitcoin Bybit chart analysisHello
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This is the Bitcoin 30-minute chart.
Nasdaq indicators will be released at 9:30 in a little while.
Nasdaq and Bitcoin
almost reached the center line of the daily chart's Bollinger band.
Probably many people are looking at the short position for the first touch contract adjustment.
I judged that there was no problem with the pattern and signal,
so I created a strategy that can raise it with force.
I will continue the strategy from the 2nd place, yesterday's long position switching section on the lower left.
*Red finger movement path
One-way long position strategy
1. $57,769.5 long position entry point / green support line breakout, stop loss price
2. $59,110 long position 1st target -> Good 2nd -> Great 3rd
If the 1st section at the top breaks through
It can be connected to an upward trend, so it must break through
The 2nd section at the bottom is a support line,
But it is a place where the short-term pattern can be broken when touched.
(Bollinger Band 2-hour chart center line)
Wouldn't it be nice to see a clean rebound?
If there is a strong decline before and after the 1st section touch at the current position,
Bottom-> It can fall to the 3rd section after tomorrow, so please note
and above all, pay attention to the Nasdaq movement.
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.
September 11 Bitcoin Bybit chart analysisHello
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This is the Bitcoin 30-minute chart.
The CPI indicator will be announced at 9:30 in a little while.
In Nasdaq, we proceeded with the strategy with vertical or strong upward conditions, but today, Bitcoin is the problem.
The first is a danger signal.
The 4-hour chart MACD dead cross is under pressure,
and secondly, we need to find a rebound section,
but the 1+4 section is ambiguous.
It is also a section with a very high possibility of sideways movement.
After much thought about how to connect it to profits,
we proceeded with the safest method.
*Red finger movement path
One-way long position strategy
1. 56,224.5 dollars long position entry section / green support line breakaway price
2. 57,628 dollars long position 1st target -> Top 2nd target -> Good 3rd target
The reason why I marked the purple finger on the top is
Because there was no short position entry position today
The direction can be divided before and after the touch.
There is also a possibility of an immediate rise after the touch.
If the touch fails, there is a possibility of a vertical decline
There is a possibility of a breakaway up to the 3rd section
From the touch, you should see a strong possibility of a decline in the downward wave.
After the touch,
The strategy is more likely to succeed if the rebound is successful in the central line section (1+4) of the Bollinger Band 4-hour chart.
If the orange resistance line is broken at the top today,
the uptrend is connected,
and the 4-hour chart MACD dead cross is ignored
but (Bollinger Band 4-hour chart resistance line touch condition)
if the orange resistance line is not broken,
the 4-hour candles must continue to be created
and the MACD dead cross must be completed without breaking the green support line.
It's hard to explain, but the conditions are very strict, right?
At 9 o'clock in a little while,
the position of the center line of the 4-hour Bollinger Band chart is very important when the 4-hour candles are created.
The red finger long position entry section can be 56.2K or the 2nd section,
and if the green support line is broken today,
the pattern can be broken by touching the center line of the 6-hour Bollinger Band chart,
so the green support line must be maintained unconditionally.
Lastly, the NASDAQ must also succeed in rebounding
and all other conditions must be met
for the strategy to succeed.
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.
September 10 Bitcoin Bybit chart analysisHello
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Here is the Bitcoin 30-minute chart.
There is no Nasdaq index announcement today.
Please note that there will be a CPI announcement tomorrow.
There are many turning points.
We created a strategy focusing on Tether dominance,
Considering the possibility of Nasdaq sideways movement.
*One-way long position strategy when the red finger moves
1. $56,809 long position entry section / stop loss price when the green support line is broken
2. $59,110 long position 1st target -> Good 2nd -> Great 3rd
If it does not come down to the entry point,
If it breaks through the Pink resistance line,
There is a possibility of a vertical rise in the 1st section at the top
The 3rd section at the bottom is a sideways market,
But since the short-term pattern is broken,
It may be connected to additional adjustments tomorrow.
Please use my analysis article as a reference only
I hope you operate safely with principle trading and stop loss price.
Thank you.
September 9 Bitcoin Bybit chart analysisHello
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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.
September 6 Bitcoin Bybit chart analysisHello
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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.
September 5 Bitcoin Bybit chart analysisHello
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This is the Bitcoin 30-minute chart.
Nasdaq indicators will be announced at 9:30 and 11:00 shortly.
The current position is very important,
and I was worried that I might miss the entry position.
Bitcoin is rebounding stronger than Nasdaq,
and a strong adjustment is in progress.
All the danger signals have passed, and Nasdaq did not see any additional declines yesterday and today,
and there were no short position entry positions,
so I will maintain the long position strategy until the main demand section is reached.
*Red finger movement path
One-way long position strategy
1. Pursue purchase at $56,681.5 / Cut-off price when green support line is broken
2. $58,008.5 long position 1st target -> Top section 2nd target
Until additional daily candles are created tomorrow
If it reaches the Top section
Since it is the first touch on the center line of the Bollinger Band 12-hour chart
It would be good to switch to a short position briefly.
Today, I focused on long positions.
The 2nd section at the bottom
is the final long position entry section according to the Nasdaq wave
The 3rd section at the bottom is a double bottom section.
I do not recommend a dangerous position.
From the 3rd section, the sky blue support line is broken, it can fall sharply,
so please check the price indicated at the bottom.
Up to this point,
I hope you can simply use my analysis for reference and use only
I hope you will operate safely with the principle of trading and cut-off price.
Thank you.
September 4 Bitcoin Bybit chart analysisHello
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This is the Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11 o'clock.
After coupling with Nasdaq, the candle's lower tail rebounded,
and it is moving sideways in an ambiguous position.
Based on the time zone wave, the 15-minute wave is in progress.
The 15-minute candle support line has been touched,
but the 15-minute candle resistance line has not been touched yet,
and the rising pattern has been applied to Tether Dominance.
In the case of Nasdaq and Bitcoin, it is falling strongly,
and there is no place to go short except for a vertical decline,
so I created today's strategy based on the possibility of shaking in both directions.
* When the blue finger moves,
it is a two-way neutral
long->short->long switching strategy.
1. 56,195.5 dollars long position entry section / When the purple support line is completely broken
or when the 2nd section is touched, the stop loss price
2. 57,444 dollars long position 1st target price -> Top 2nd target price
Depending on the strength of the rebound,
maintain the stop loss price adjustment to the Top or proceed with the short->long switching of the blue finger
The final target price is the Top section,
and when touched, I will connect the strategy after tomorrow.
The 1st section at the top is the first short position operation section of the 30-minute chart resistance line.
The 2nd section at the bottom is a place where a double bottom can occur,
but in the case of Tether dominance moving in the opposite direction of the beat,
the upward trend can be connected when the previous high is broken,
so I do not particularly recommend it.
There are a total of 2 support lines remaining from the Bottom at the bottom
to the long-term downtrend,
so please refer to it.
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.
September 3 Bitcoin Bybit chart analysisHello
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Here is the Bitcoin 30-minute chart.
Tonight at 11 o'clock, there is one Nasdaq indicator announcement.
When comparing only Bitcoin and Tether Dominance,
the direction is not difficult, but Nasdaq is the problem.
Instead, the dangerous signal was imprinted on Nasdaq,
and all you need to do is get the desired movement.
Yesterday, I tried to operate, but I missed the entry point,
so I went ahead with it instead of canceling it.
*One-way long position strategy when the red finger moves
1. 58,591 dollars long position entry section / stop loss price when the green support line is broken
2. 60,227.5 dollars long position 1st target -> Good 2nd -> Great 3rd
This is the first touch section on the center line of the Bollinger Band 12-hour chart.
If the strategy is successful, I did not operate a short position separately.
You'll know why if you watch.
Instead, after liquidating the long position,
I think it would be good to wait for the long position as indicated.
For those who can hold the stop loss price,
you can challenge both short and long.
If the purple support line maintains the 1st section, it is a strong rising section.
The 2nd section at the bottom is a sideways market or the most likely long position today,
but rather than missing the entry point like yesterday,
we operated aggressively and tightened the stop loss price.
From today's green support line deviation,
there is a possibility of additional decline, so you should be careful.
Bottom->If the 3rd section is pushed,
the next support line will be $56,634.
Up to this point, please just refer to and use my analysis,
and I hope you operate safely with the 6 principle trading and stop loss price.
Thank you.
September 2 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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This is the Bitcoin 30-minute chart.
Today, Nasdaq is closed.
It touched 57K on Sunday evening
and barely reached the center line of the Bollinger Band 4-hour chart.
The current position is a section where long and short are decided,
and a short position operating section.
Today's strategy was created based on the vertical decline
in the gap reversal that occurred at the top over the weekend
and the short-term pattern of Tether Dominance was broken.
* In the case of the red finger movement path
Long position strategy
1. 57,982 dollars long position entry section / cut-off price when the purple support line is broken
2. 59,160 dollars long position 1st target -> Top 2nd target
When the 1st section shown at the bottom is touched, it is a very horizontal guarantee
The sky blue support line Bottom section is the last double bottom.
If this section is broken,
a downward trend may be connected from the second section of the Jinpa-rang support line,
so it may open up to 54.8K.
Today, it is important to not go down to the bottom section or break away, right?
Up to this point, I ask that you just use my analysis as a reference,
and I hope that you operate safely with principle trading and stop loss prices.
Thank you.
August 23 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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This is the Bitcoin 30-minute chart.
Tonight at 11 o'clock, there will be a Nasdaq index announcement.
The Nasdaq is the problem today.
Tether dominance is in a vertical decline,
and I created the most reasonable strategy possible.
The purple finger at the bottom left, $60,156.5,
is the same as the 3rd section where I entered the long position yesterday.
*Long position strategy when the red finger moves
1. $60,573 long position entry section / stop loss price when the sky blue support line is broken
2. $62,350 long position 1st target -> Good 2nd target
-The 1st section at the top is an upward sideways market,
and if this section is touched first, it can be connected to section 2.
-It seems safer to operate with a focus on long positions rather than short->long switching like yesterday.
-If it deviates from the bottom section today,
it may fall to the 3rd section at the very bottom during the weekend.
Please use my analysis article as a reference and only for the extent of use,
and I hope you operate safely with principle trading and stop loss prices.
Have a good weekend,
and I will come back from my vacation and see you in September.
Thank you always.
August 22 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
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Here is the Bitcoin 30-minute chart.
Soon at 9:30 and 11:00, the Nasdaq indicators will be released.
If it weren't for Nasdaq today, the analysis would have been easy,
but it's not easy as expected.
I think there are many people who are maintaining long positions.
At the bottom, the long position entry section that I took yesterday
I connected the purple finger at 59,006 dollars.
*When the red finger moves,
it is a one-way long position strategy.
(Depending on the strategy, the purple parallel line, green parallel line
drawing section has changed slightly.)
1. 60,547.5 dollars long position entry section / When the green support line is broken
or when the bottom is touched, the stop loss price (the range is not large and the argument is minimized)
2. 62,350 dollars long position 1st target -> Good 2nd target
It's a similar situation to yesterday. At the top, if the 1st section touches or breaks through the all-time high, wait long at 2nd
If it comes down immediately from the current position, 60.5K or 3rd section
is a long position waiting strategy.
I operated it tightly and safely because I could miss the entry point.
If you look at the 1st target section,
I marked a wave.
The finger at the top is 62.3K / at the bottom is 61.5K
Only confident people should operate a short position,
and for beginners, long liquidation -> long waiting seems advantageous,
and if the purple support line breaks away, you can see it as a stop loss price, right?
The 3rd section is a sideways market,
and it is not good if it breaks away from this section.
It would be easiest to just input long and short stop loss prices,
but it seems more difficult to explain.
Up to this point, please just refer to and use my analysis,
and I hope you operate safely with principle trading and stop loss prices.
Thank you.
August 21 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
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You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
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.
August 14 Bitcoin Bybit chart analysis
Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is the Bitcoin 30-minute chart.
The CPI indicator will be released at 9:30 in a little while.
In an ambiguous position, there is no wave at all,
The current position has a high possibility of sideways movement,
It is not a sweep condition, but there is a possibility of sweeping,
And there is also a condition for a strong rise.
After much thought, including Tether dominance,
I created today's strategy.
*Red finger movement path
One-way long position strategy
1. $60,520 long position entry section / green support line breakaway stop loss price
(I think the stop loss standard is ambiguous, so I marked the final push price with a green arrow below.)
2. $62,350 1st target -> Good 2nd target
The 1st section at the top is an upward sideways market
The 2nd section at the bottom is a downward sideways market
Be careful because an upper tail sweep may occur from the pink resistance line to the orange resistance line 1st section.
In the case of a sweep, it may fall from the bottom -> 3rd section at once,
so those who are entering a long position should be careful.
The 2nd section of the sky blue support line at the bottom
is a mid-term upward trend line, so if it doesn't break away from this spot today
it may continue to rise.
It's a rare CPI, but I personally think it's likely to move sideways.
Please use my analysis as a reference and only as a reference.
I hope you operate safely with principle trading and stop loss.
It's the last day of summer, so eat something delicious.
Tomorrow is a holiday, so take a day off and I'll see you on Friday.
Thank you.
1000PEPEUSDTBINGX:1000PEPEUSDC.P
Well, in updating this analysis, I have to add a point that the red range drawn in the 4-hour period caused the price to fall in the previous downward trend, but pay attention to the fact that it formed a higher floor, so most likely, after crossing the red range to On the upper side, we will enter into the purchase transaction in the first pullback and earn a profit of 1:6 risk to reward.
As simple as this delicious.
BTCUSDTBINGX:BTCUSDT.P
With money back, we will go up to the range of 59800-60300 to around 62400, with a risk-to-reward ratio of 1:3.
Important note: Be careful that this is a pressured broken range, and if it fails, we will enter a buy order according to the pattern ahead.
As simple as this delicious.