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August 24 BTCUSD Bybit Chart Analysis
BTCUSD Perpetual Contract
August 24 BTCUSD Bybit Chart Analysis
By BitCoinGuide
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Updated
Aug 25, 2021
6
Aug 24, 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 24th .
This is a private comment.
Following the path of the light blue finger,
Short -> long switching strategy.
Up to $1400 profit section along the purple parallel line.
4 hour chart
6 hour MACD deadcross is about to connect with yesterday's adjustment
The pattern is not yet broken.
Today's approximate top price / bottom price
Today's direction before and after breaking the purple support line
It seems to be decided
It's still breaking through the green resistance line.
Red movement path up, sky blue movement path down
I made today's trading strategy.
30 minute chart neutral strategy
While writing the analysis article, the movement continued to appear, so I had a hard time.
Top, Bottom section correction and
A new orange support line has been created
Today's sideway move is a strategy that ignore.
* When the red arrow moves
long position strategy
$49197 Long position entry section / Stop loss when breaking the orange support line
The orange support line should not be broken in any form today
Until the last 6 hours MACD dead cross engraving
The condition is that the downtrend line is not connected to the 2-hour ballban support line.
It's a reversal Tuesday, so I don't know if it will lead to a strong rebound.
If successful, expect to the right or to the Top section.
* When the light blue finger moves
Short -> Long Switching Strategy
The sky blue fingers are in the trend
Up to 12 hours MACD Dead cross connection
If the red support line rebounds, it will be finished sideway move.
$49197 short position entry section / Stop loss when the green resistance line is broken
Final $47433.5 long position switching / Stop loss when breaking the sky blue support line
thank you
Aug 25, 2021
Trade closed: target reached
Private comments.
Light blue finger movement path.
$1235.5 profit.
thank you.
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