July 8 BTCUSD Bybit Chart Analysis
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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 July 8 th .
After writing the analysis on July 7th, this is a movement.
If you click the replay button,
Orange resistance break -> purple support level is broken.
blue parallel line strong rise failure
After breaking the purple support line , stoploss finished.
Currently, the 12-hour chart MACD dead cross is in progress.
4 hour chart.
Today's approximate Top and Bottom prices are displayed.
If it crosses the red support line,
Absolutely not good
I left the approximate movement route up and down.
We made today's trading strategy focusing on this part.
This is a 30 minute chart long position strategy.
(Personally, I focus on long positions.)
Today's main point
The red support line must not be break away by 9pm.
And , 12 hour chart MACD dead cross should be engraved.
* When the red arrow moves
Short -> long switching strategy.
$33849.5 short / Stop Loss when the orange resistance line is broken
$33344.5 Long position switching / Stop loss when the red support line is broken
The final target is the 34645.5 top section.
You can also use the tracking stop loss feature.
* When the light blue finger moves
Short -> long switching strategy.
When the red support line is broken,
Focus on short positions.
$32738 Short position entry section / Stop loss when breaking the orange resistance line
$31833 long position switching
(When the orange resistance line fails to break through, short position switching)
Last $31026 Long Position Switching / Stop Loss When Breaking Out of the Sky Blue Support Line Bottom Section.
Principle trading / Stop loss is essential, so please operate safely.
Thank you.