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September 1 BTCUSD Bybit Chart Analysis
BTCUSD Perpetual Contract
September 1 BTCUSD Bybit Chart Analysis
By BitCoinGuide
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Updated
Sep 1, 2021
3
Sep 1, 2021
Hello ,
“Make it simple, make profit”
It’s BitcoinGuide.
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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 1 th .
This is the move after the private finish on the 31.
47398 After entering long position
After a strong correction at $48264.5
It breake away through the green resistance line.
Long and short round trip is about $2300 profit section.
Overall, it is a downtrend
It's not easy to rebound, but we'll take a closer look overall.
4 hour chart
Today's approximate Top/Bottom price is displayed.
As yesterday, based on the green center line
red top / sky blue bottom
Created today's trading strategy
30 minute chart neutral strategy
A purple parallel line / pink overshooting section has been added.
* When the red arrow moves
Short -> Long Position Switching Strategy
$ 47820.5 short position entry section / Stop loss when breaking through the red resistance line
$46886.5 Long position switching section / Stop loss when the green support line is broken
I think it would be better for beginners to operate only long positions.
The final target is the Top section
* When the light blue finger moves
Short -> Long Switching Strategy
After the first weak rebound,
$ 46816 short position entry section / Stop loss when breaking the orange resistance line
(Possibility of going sideways if you break through the pink overshooting section)
$45294.5 Long position switching / Stop loss when breaking the sky blue support line
The final long position target will be the pink resistance line on the right.
Principle trading / Stop loss is essential, I hope that you operate safely.
thank you.
Sep 1, 2021
Trade active
Sep 1, 2021
Trade closed: target reached
$ 1495 profit
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August 31 BTCUSD Bybit Chart Analysis
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