August 12 BTCUSD Bybit Chart Analysis
Updated
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 12 th .
This is an analysis of the 11th.
There is no wave until the entry point.
The sideway move has been completed.
It was a movement within a purple parallel.
Additional entry have been cancelled.
4 hour chart.
Today's approximate Top and Bottom prices are displayed.
Within the orange resistance/red support level.
The direction seems to be determined.
I ignored the sideway move.
red top / sky blue bottom
I made today's trading strategy.
30 minute chart long position strategy
added a sky blue parallel lines / pink overshooting section.
* When the red arrow moves
long position strategy
$45669.5 Long position entry section / Stop loss price when the red support line is broken
We need to break through the sky blue parallel resistance line.
The trend should die in the pink overshooting zone
I think the green resistance line will be the target for the right sideways movement.
If there is a trend, you can reach the top section
Proceed with correction of stop loss
Instead, it is a whipso condition, so if the green resistance line is broken,
Please be sure to put on safety devices.
* When the light blue finger moves
Short -> Long Switching Strategy
$45700.5 Short position entry section / Stop loss when the pink resistance line is broken
$44559.5 Long position switching / Stop loss when the green support line is broken
Today's sideways form is the green resistance line /
I think the red support line will be around the convergence section.
Can I tell you about the spot exchange?
arrow moving path
ETC alt -> Based on the green resistance line breaking at the entry point of the long position
major altcoins
When the light blue finger moves
ETC Alt -> Long position switching
Major + ETC Alt
Look at the chart and you will see the answer.
Achieve the results of all your hard work
Principle trading / Stop loss is essential, operate safely
I hope you have a good day
thank you
Trade active
Red Arrow chioce
Trade active
Trade active
Trade closed: stop reached
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bit.ly/3E8ZkAW
*바이비트 Bybit 20%DC+$5,020
bit.ly/3iBwXCd
*제로마켓 ZeroMarket ECN계좌 40%DC (해외선물,FX)
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t.me/BTG_Group
*빙엑스 BingX 50%DC+$5,000 (청산때,1회수수료)
bit.ly/3E8ZkAW
*바이비트 Bybit 20%DC+$5,020
bit.ly/3iBwXCd
*제로마켓 ZeroMarket ECN계좌 40%DC (해외선물,FX)
bit.ly/3pY0dUv
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