BTC $64,575.00 ▲ 0.85% ETH $1,906.08 ▲ 2.11% USDT $0.9990 ▼ 0.04% BNB $593.45 ▼ 0.48% XRP $1.05 ▼ 1.06% SOL $73.43 ▼ 0.38% DOGE $0.0692 ▼ 0.86% SHIB $0.00000473 ▼ 3.34% PEPE $0.0000028 ▼ 2.45% BTC $64,575.00 ▲ 0.85% ETH $1,906.08 ▲ 2.11% USDT $0.9990 ▼ 0.04% BNB $593.45 ▼ 0.48% XRP $1.05 ▼ 1.06% SOL $73.43 ▼ 0.38% DOGE $0.0692 ▼ 0.86% SHIB $0.00000473 ▼ 3.34% PEPE $0.0000028 ▼ 2.45%
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Bitcoin Piyasa

AUGUST 6 Bitcoin chart analysis

AUGUST 6 Bitcoin chart analysis

BTCUSD Perpetual Contract BYBIT:BTCUSD.P

Hello
It's a Bitcoin Guide.

My analysis is optimized for TradingView.
If you press the Replay button, you can check real-time movements.




This is the Bitcoin 30-minute chart.

In the bottom left, marked in turquoise, the strategy was maintained after entering the long position at $63,986.3 on August 5th.


*The strategy was maintained as is. *Long Position Strategy Before and After Touching Zone 1 (Purple Finger) at the Top

1) Purple Finger Zone 1: 64.8K Short Position Entry Zone
/ Stop Loss upon breaking the orange resistance line

2) Switch to Long Position at $64445.1 / Stop Loss upon breaking the purple support line

3) $65106.7 Long Position 1st Target -> Top 2nd Target Price
- If the strategy is successful, Zone 1 serves as a re-entry zone for the Long Position.

4) If the price fails to touch Zone 1 (Purple Finger) at the top and drops immediately:

Red Finger Zone 2 (Red Finger) at the bottom: $64049 Long Position Entry Zone / Stop Loss upon breaking the green support line

- The stop loss is the same for those currently holding a Long Position at 63.9K.

- Please be cautious, as the possibility of falling to the 3rd zone is open if the bottom zone is broken.


Please pay close attention to the real-time movements of the NASDAQ.
(Gold is surging on its own.)

Please use my analysis post merely as a reference and for practical purposes.

I hope you operate safely by adhering to trading principles and strictly using stop-loss orders.

Thank you.

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