September 8 BTCUSD Bybit Chart Analysis

Updated

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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 September 8 th .

This is a move after the final finish on September 7th

Additionally, in the case of yesterday
Before writing the analysis, there is no wave
Downward -> vertical drop -> vertical drop proceeded.

4 Hour Chart -> 6 Hour Chart -> Sun Candle Chart ->
The 12-hour chart MACD dead cross proceeded in order.

It was a big short.

In the first analysis in the morning,
It is difficult to estimate this degree of decline
was a variable

Even in the parallel line standard, the support section was up to 46,000 dollars.
I saw that 3400 was pushed back.
It wasn't an easy place.

It would be good for you to refer to.

4 hour chart

For the sake of time, let me explain only the main sections.

Today's approximate Top and Bottom prices are displayed.

It seems that the direction will be decided before and after the breakout of the green resistance line.

*Pink overshooting section

Red Up (Upward Without Adjustment) / Sky Blue Down

Created today's trading strategy

30 minute chart neutral strategy

It's hard to focus on the long and short.

It is on the verge of an uptrend from the major support line.
Below the 30-minute chart support line, the downside is open.

The small convergence section looks like the direction will be determined based on the orange resistance line / purple support line.

* When the red arrow moves

Short -> Long Position Switching Strategy

For those who are maintaining the existing long position, the target is whether the pink resistance line is broken or not.

$49496.5 Short -> $48005.5 Long Position Switching / Stop Loss When Violet Support Breaks Out

Today's purple support line can be seen as a lifeline.
Deviation may lead to decline

The final target is $50987.5, after a forced drop yesterday
A V-shaped rebound is possible and is around 4-hour resistance.

Because the price was forcibly lowered by ignoring the chart in the competition
I don't think it's impossible

* When the light blue finger moves

Short -> Long Switching Strategy

Ignore sideways because it's open on the bottom
I just went with the trend.

$46621.5 short / Stop loss when the green resistance line is broken

$43533 long position switching / Stop loss when the red support line is broken

Here, the red parallel support line is
It is the minimum rebound condition in a big trend, and if it does not break out
It will take time, but it can turn right

It is a spot exchange
Today, only on the path of the red arrow

Job Alt -> Major switching strategy
Note the purple support line

As you can see today, the video seems impossible, so don't wait.

Don't forget to buy in principle / stop loss is essential

Thanks for reading

Trade active

Trade closed: target reached

private comment 1

private comment 2

46621 Short Position / $2262.5 Profit Zone
44432.5 Long Position Switching / $2473.5 Profit Zone

After that, the sideway move finish.

thank you.

BitCoinGuide

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