August 31 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 August 31th .



snapshot






August 30th analysis

The details have been explained in detail in the comments.


I judged yesterday to be a sideways trade
Achieving $1301 profit from the target to the top with a chase long position.

Unfortunately, I missed the short position switching afterwards.


If you click the replay button in the analysis article,
According to the light blue finger movement path
it was almost perfect

It's a pity that I made a good strategy and only made half of it.


I'll take a look at the whole thing first.




snapshot






4 hour chart

Because the big pattern was broken
Ichimoku average score is phonological + BB 4 hour candle
center line best short position

As the bottom opened, there was a vertical drop.

Because the daily candle is breaking BB center line
It's not good for a long position.


Today's approximate top price / bottom price

Green support line

red top / sky blue bottom

I made today's trading strategy.




snapshot





30 minute chart long position strategy



The price of the Top section was changed according to the strategy.

Orange parallel lines / purple parallel lines / pink overshooting sections have also been added.



* When the red arrow moves

long position strategy


If today's rebound is successful

There will be two entry position.

It is a strategy of ignoring adjustment and continuing to ascend to the right.

46789 / $47193.5 Long position entry section
The final stop loss is the breakout of the green support line.

Check up to the Top section with stop loss correction




* When the light blue finger moves

Long -> Short -> Long Switching Strategy


It was deleted by mistake,
but the first long position on the left
$45931.5 for the entry section / Stop-loss cost when breaking the sky blue support line

46503.5 USD short position switching / Stop loss when the orange resistance line is broken

Final $45516 / Stop loss when breaking the sky blue support line


And it becomes a long position target in the upper right corner

You have to break through the pink line, right?


Today's strategy is here


Principle trading / Stop loss is essential, I hope that you operate safely.


thank you.




Trade closed: target reached
snapshot

Private comments.

snapshot




final finish.

* Long up to $872.5 profit section
* Short profit up to $1423
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