BitCoinGuide
Long

BTCUSD Bybit Bitcoin Chart Analysis for July 22th

BYBIT:BTCUSD   Bitcoin / U.S. Dollar






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I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 22th .







This is a 30 minute chart created yesterday.

In the blue path,
Up to vertical rise and break through the smile section

It rose strongly.

Congratulations to the profitable people.





This is a daily chart .
And , the main point of the day.


Yesterday, in Bollinger Band ,
An unusual movement occurred.


1. Only one candle per day is generated for a daily chart .

2. The Bollinger Band , with one rod,
You cannot break through the "resistance line", "center line", or "support line".


Yesterday, there was a breakthrough from the center line to the resistance line at once.


Also, with the movement yesterday,
Today in the purple and orange section

I have a simple trading strategy.






Today's trading strategy.


This is a 30 minute chart, one way long position strategy.


Blue movement path, long position entry section and timing
Please pay attention.

The final target is a smile section,

At the bottom, if the red support line breakaway
Not good.


stoploss is essential, pay attention to the vertical drop .


Thank you.


Comment:

When it goes down vertically,
check the red finger section.
Comment:
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Comments

Interesting chart. Thanks for sharing.
Reply
BitCoinGuide CryptOpportunity
@CryptOpportunity, Thank you
Reply
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