Bitcoin Bybit chart analysis August 6

6 ส.ค.

Hello

It's a Bitcoinguide.

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Here is the Bitcoin 30-minute chart.

There is no Nasdaq index release today
It is in an uptrend
And I made a strategy for the part where the wave is getting bigger.

I was worried a lot about missing the entry point
Since the short-term pattern was broken in Tether Dominance
I applied the downtrend to Bitcoin.

*When the blue finger moves
It is a two-way neutral
Long -> Short switching strategy.

1. 53,310 dollars long position entry point / cut-off price when the green support line is broken

2. 58,122.5 dollars long position 1st target -> Top 2nd target

3. Short position switching at Top 59,164.5 dollars / cut-off price when the pink resistance line is broken

Since it is a strategy aimed at perfection
I lowered the long position take-profit price a little
And when the top target price is reached perfectly, I switch to a short position.

At the top, 1 and 2 are horizontal lines
If it doesn't come down to the entry point and rebounds in the 2nd section
Please pay attention to the purple parallel line.

The 3rd section is a downward horizontal line

If the previous low point bottom section doesn't break
You can continue to play in the current channel.

From the bottom
Please note that there is a high possibility of additional decline after tomorrow.

Up to this point, please use my analysis for reference only
I hope you operate safely with the 6 types of one-shot trading and stop loss prices.

Thank you.

7 ส.ค.

ออเดอร์ถูกยกเลิก

Hello
It's a Bitcoin Guide.

I will check the movement after writing the analysis article on August 6th.



This is the Nasdaq 30-minute chart.
I marked the main sections with black fingers.

In the red finger long position strategy,
the long position entry section at the bottom is 17663.1,
but it does not touch the orange resistance line and ends with extreme sideways movement.

There was no Gap1 retracement at the top,
and it continues to move sideways.
There was no indicator announcement,
and it almost ended within the 30-minute chart support and resistance lines with no waves.
The Bollinger Band reached the center line of the 4-hour chart.

I will explain the details together in the analysis article.



This is the Bitcoin 30-minute chart. I marked the main section with a black finger.

In the blue finger long -> short switching strategy,
Without touching the 53,310 dollar long position entry section at the bottom,
Reached the 1st section at the top -> Finished the upward sideways movement to the orange resistance line.

Since there was no entry point touch, the strategy was canceled.

It ended as a sideways movement in the 30+1 rebound section.
The support line, resistance line, and

price that I drew while moving sideways are valid, so I think it would be good to use it as a reference.

It is being coupled ignorantly according to the movement of Nasdaq.

It reached the center line of the 4-hour Bollinger Band chart,

and I will explain the details in the analysis article.

I deliberately proceeded safely without cutting losses,
but it is loosening.
It is hot, so take care of your health,

and I will see you later.

Thank you.