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BTCUSD Bybit Chart Analysis August 25
BTCUSD Perpetual Contract
BTCUSD Bybit Chart Analysis August 25
By BitCoinGuide
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Updated
Aug 25, 2021
3
Aug 25, 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 August 25th .
This is a move after a private comment.
According to the path of the light blue finger
After entering the $49493.5 short, it is the $1235.5 profit section.
The green support line has been reached.
4 hour chart.
Approximate Top Price / Bottom Price of the Day
I have indicated
Red parallel line (light blue yesterday) before and after breaking the support line
Today's direction seems to be decided
Red up trend / light blue down trend movement path check
Created today's trading strategy
30 minute chart neutral strategy
Pink overshooting section /
The purple $47294.5 is the entry section where the long , short overlaps.
Based on the small convergence section of the red support line / orange resistance line
* When the red arrow moves
long position strategy
On condition that you do not break through the pink overshooting section
$47294.5 Long position entry section / Stop loss when breaking the red support line
The 49490.5 top section is a target
If the rebound is successful, a further uptrend may come out after tomorrow.
A stop loss correction is advantageous.
* When the light blue finger moves
Short -> Long Switching Strategy
$47294.5 short position entry section / Stop loss when the pink resistance line is broken
$ 46094.5 Long position switching / Stop loss when breaking the sky blue support line
My analysis is for reference only.
Principle trading / Stop loss is essential, so please operate safely.
thank you
Aug 25, 2021
Trade active
Aug 25, 2021
Trade closed: target reached
$ 1683 Profit.
Thank you
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