BTCUSD Bybit Chart Analysis June 18

BYBIT:BTCUSD   Bitcoin / U.S. Dollar


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Only 30 Min chart ,
In real time, you can check major sections and move,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for June 18th .

This is the movement after the analysis on the 17th.

According to the black finger section

long -> short -> long

Long position -> $766.5 profit section
Short position -> $588.5 profit section

Green support break/stop loss


4 hour chart

Orange resistance / red support today
Within the convergence section, the direction seems to be determined.

Today's approximate top price and bottom price are displayed.

Red Movement Path, Rise/Light Blue Movement Path, Decrease

If after tomorrow, the green support line is broken

It could go down to $32929.5.
please note.

This is a 30-minute chart short position strategy.

Many variables can occur today,

12 hour MACD deadcross,
This is a very scary sign.

* When the red arrow moves

Long -> Short -> Long Switching Strategy

Based on the point section in the middle
It seems that the rise and fall are decided.

According to the strategy,
Stop loss when the orange resistance line is broken
$38919.5 short position
-> At the final red support line or bottom section
Long position switching.

(I intentionally marked a strong decline.)

* When the light blue finger moves

Short -> long switching strategy.

If the rebound is strong from the purple finger at the bottom,
The 12 hour MACD deadcross can be ignored.
(Right upwards sideways)

Long position switching strategy at the final green support line.
(Stop loss when the green support line is broken)

Because today is very important,

We hope that you trading safely.

Thank you.

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Trade active:
Trade closed: stop reached:
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