September8 Bitcoin Bybit chart analysis

Sep 8, 2023

Hello

It's a Bitcoinguide.

If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.

If my analysis is helpful,

I would like one booster button at the bottom, please.




Bitcoin 30-minute chart.

Nasdaq is trending sideways, but the beat is going down again.
As I plotted in the morning, the profit was completed by breaking out of the purple support line.

Yesterday, it broke through the medium-term downtrend,
It was not a place to come down at once due to various conditions.
As expected, Beat is such a disgusting guy.


There is a possibility of further decline in the current situation, but
In a place where you shouldn't be pushed away
Because it was a strong departure, it is a position where a strong recovery is possible.


Because the main support line has not been touched up to the current position.
We aggressively pursued an upward advantage-based strategy.

At the time of my analysis...
I feel like I have become an unavoidable long-chung haha.

You can't get lost in the battle of momentum in margin trading, right?

Instead, you have to proceed like a knife cutting through damage.



*Red arrow movement path

One-way long position strategy

1. $25784 long position entry zone / stop loss when breaking out of the light blue support line

MACD deadcross on the 2-hour chart that will be created shortly at 9:00
You must also check for danger signal engravings.

Check until the 5-minute bar trend reversal. (Check if it is a downward wave)

2. $26343 long position target -> Good -> Great section
I left a Target price in the upper right corner over the weekend.

If you re-touch the light blue finger section at the bottom,
Please note that there is a possibility of a downward wave until the bottom or a sideways movement within the light blue support line.



When breaking out of the light blue support line,

It can be pushed all the way to the bottom.
I hope you manage your long and short positions well.

Please keep in mind that my analysis up to this point is merely for reference.


I hope you operate safely with the 6 principles of trading + mandatory stop loss.


Thank you for your hard work this week.

See you next Monday.


thank you

Sep 11, 2023

Trade active

Hello
it's a BitcoinGuide.

I got sick over the weekend, so my review was delayed.
Let's start right away with the restoration.

This is a movement since the analysis was written on September 8th.



This is the Nasdaq 30-minute chart.
Major sections are marked with black fingers.

Arrow movement path 15217.4 After long entry,
Reached 15364.6 points at the top.

After touching the central line of the Bollinger Band daily chart last week,
The rebound continues.

4-hour chart center line -> There is a rebound until it touches the resistance line.

I will look into the details as a whole.




Bitcoin 30-minute chart.
Major sections are marked with black fingers.

Arrow movement path after long entry at $25,784
End of extreme horizontal protection

The strategy was active.


It fluctuated up and down about $450 over the weekend.
Touch the light blue finger section indicated

A $25887.5 gap section was created at the top.
There has been no reversal yet


Likewise, looking at Nasdaq as a whole,
See you in the analysis article.


thank you