BTCUSD Bybit Bitcoin Chart Analysis August 4th

BYBIT:BTCUSD   Bitcoin / U.S. Dollar


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I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 4th .

It is a 30-minute chart created yesterday.

Without Breakaway the green support line,
After uptrend the gap on the weekend,

Sideway move finish.

1 hour chart.

I share the main sections of the day.

Triangle Convergence section of purple section / orange section,
Risk sections are Pink line at the bottom.

Focusing on this part, I brought a trading strategy.

30-minute chart, neutral strategy.

Check the green/red convergence section.

1. Blue route -> Long -> Short switching
Within the red parallel line, Sideway move

2. Red path,

Short -> Long switching
Within the green parallel line, Sideway move

Now the move is,

In Altcoin, a better move can come out.

Good luck.

Thank you.

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