BTCUSD Bybit Chart Analysis May 14
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Only 30 Min chart ,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for May 14th .
This is an analysis on the 14th.
Without adjustment, it was finished sideway move.
The orange resistance line -> the green resistance line was
break through.
It is finished near the top marked.
4 hours chart.
I have marked the approximate main section.
In yesterday's case, since there were very few waves,
It is difficult to determine the path.
This is a 30-minute chart long position strategy.
Overall, it is a danger zone.
However, the green resistance line doesn't look threatening.
I'm also anticipating the upward movement.
*Red arrow on the path of movement
Long position strategy.
Stop Loss on Breaking Orange Support Line
The top section is today's target.
*At the time of the sky blue finger movement path
Short -> Long switching strategy
When entering a short, the green resistance line is cut off
When entering long, stop loss of light blue support line
If the sky blue support line deviates,
You can escape to the final purple finger section.
That’s it for today’s strategy.
Have a good weekend.
Thank you.