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 11 th .
This is the movement after the analysis on August 10th.
At the triangle convergence of the pink resistance/purple support line. Failed to break through the pink resistance line.
After breaking the purple support line -> after the red support line rebounds Finished.
If you click the replay button, According to the blue finger movement path There was movement.
4 hour chart.
Today's approximate Top and Bottom prices are displayed.
Green Resistance / Red Support It seems that the direction is determined within the convergence section.
Red up trend / light blue down trend movement path check
I made today's trading strategy.
30 minute chart neutral strategy.
Ignoring up and down movements in the case of sideway move There may be movement within the orange resistance/red support line convergence zone. please note.
* When the red arrow moves
long position strategy
$45581.5 Long position entry section / Stop loss price when the purple support line is broken
The final target is the Top $47521. You can continue the trend with a Stop Loss correction.
* When the light blue finger moves
Short -> Long Switching Strategy
After touching the purple support line, depending on whether it is damaged or not $4329 short position entry section / Stop loss when breaking the orange resistance line
Final $44223.5 long position switching / Stop loss when breaking the orange support line
Some of you may be confused about the middle movement. I just checked the entry section.
You only need to check the movement path according to the finger section.
It is a spot exchange
red arrow moving route
If The overshooting section is pink broken, about 46434 dollars, depending on the point at which it breaks through Major altcoin operation
When the light blue finger moves
You can also aim for altcoin circulation pumping near the orange support line.
My analysis is for reference only.
Additional comments in the afternoon will be made flexibly depending on the situation.
Principle trading / Stop loss is essential, I hope that you operate safely.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.