BTCUSD Bybit Chart Analysis September 7

7 sept 2022

Hello.

“Make it simple, make profit”
It’s BitcoinGuide.

Don’t forget to
“Follow” me and press “Likes”.

If you "follow" press,

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 September 7.




Bitcoin 4 hour chart.

Except for the Nasdaq data release tomorrow
There is no specific section where there is a rebound.
The final uptrend line broke yesterday.
It is a situation where only a rebound to decline from a big trend remains.

Today's approximate Top and Bottom prices are displayed.
The current position is the double bottom in the Bitcoin position.

Bottom section when the purple resistance line fails to break through and falls vertically
In the case of a downtrend, it may end near the blue wave support line.

Please note that the Nasdaq movement is important.

around the green support line
Red up/light blue down movement path check

I made today's trading strategy.




This is an ignorant short strategy that matches the 30-minute chart Nasdaq's ignorant decline pattern.

The 6-hour chart MACD deadcross is in progress.
After the evening, make a downward wave
We focused on the downward movement.

Bitcoin is in the process of ignoring patterns, ignoring support lines, and ignoring waves.
Yesterday's key uptrend line was broken.

Bitcoin and altcoins
XAUUSD gold and USoil crude oil are falling along with the Nasdaq.
Only the US dollar is rising.

In case of support on the green support line,
After tomorrow's index announcement, it seems that there is no answer at this time, other than the progress and recovery.

When Nasdaq rebounds strongly -> Bitcoin rebounds by 50%
When Nasdaq Falls -> Bitcoin Falls 200%

This is the current pattern.
Real assets such as gold, crude oil, overseas stocks, domestic stocks, altcoins, etc.
Ignorance is on the decline.


Rebound to fall -> Infinite repetition of downward downward trend.
There is also no minimal normal rebound.

Following the Nasdaq, falling into ignorance
It's hard to even get a short entry point.

Accordingly, I have come up with a short-term strategy.

If there is no rebound or strong rebound in tomorrow's indicator release
A long-term decline may continue.
Those who operate long positions and spot exchanges will be notified after the index announcement tomorrow.
I think you have to make a decision.


at present location
First check whether it breaks through the purple resistance line / breaks the green support line
Check if the orange resistance line is broken and the support line is okay in the correction.

In fact, only the Nasdaq follows.
I don't think it should be a Nasdaq analysis or something.

I guess this is my limit.

It's not that the analysis is difficult, but it's meaningless to proceed.
The Nasdaq is moving at will.

At least it's like yesterday's green last uptrend line
It seems that it is barely possible to follow the main support line / Top of the highest price and Bottom of the lowest price.


At the time when I left the analysis, there was no movement.
I tried my best

Check Nasdaq movement in real time / while checking the movement of major support and resistance lines
I hope you are doing well in real time.

For beginners, it would be good to take a break from trading this week.

Take good care of your health.



thank you.

7 sept 2022

Operación activa

It's going sideways without waves.

Bitcoin final comment.

Today is very important,
I will leave it to the public after the Nasdaq analysis.

Hope everyone is operating safely.

thank you

7 sept 2022

Operación cerrada manualmente

After Bitcoin's last comment, it's a move.
I marked the main sections with black fingers.

After the Nasdaq rebound,
The coupling was about 70%.

At the time of comment
It does not deviate from the green support line,
It has succeeded in rebounding to near the Top price.

Up to $703 in profit / Manual liquidation.

In today's indicator release, for progress
Minimum conditions are being created.

Let's check the details together in the analysis article.

See you in the analysis article.

thank you