July 7th BTCUSD Bybit Bitcoin Chart Analysis

7 Jul 2020

Hello,

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I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 7th .






At the top, it is a 30-minute chart created yesterday.

I checked the purple path in real time.


Vertical rise -> purple path

That's up to $300 in revenue.


Congratulations to the profitable people.







This is a daily chart.


In the meantime,
The resistance line section of the daily candle parallel line was reached.


For each section,
I checked the main section.


1. It is not good to BreakAway the red section.
2. Purple smile. It is the target target of the day and can be a safety zone.
3. Two pink smiles. It is a candle Weekendly parallel resistance .



There is still a long way to go.

Currently, in the main section, the width of the Bollinger band is narrow.
It is open up and down, so be careful.


I have made a Trading strategy with a focus on this part.






Today's trading strategy.

30-minute chart / One-way long position strategy.


Today, I wanted to make a perfect chart analysis.

Main section only, in summary,


*Check the blue movement path and long position entry section

(orange trend line Breakaway And
strategy failure if touch the pink line)


Changed to a sideways move strategy when Breakaway,

Check the red finger section at the bottom.


Thank you.

7 Jul 2020

Catatan