BTCUSD Bybit Chart Analysis July 5th

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 July 5 th .

This is the weekend itinerary written last week.

As the arrow moves,
Green resistance line -> purple resistance line -> sky blue resistance line.

It is currently being adjusted.

And , Today's move is very important.

4 hour chart.

Please check today's top price and bottom price

Pay attention to the convergence section of the blue resistance line / green support line.

Today, depending on

It can fall to the maximum bottom section.
If you follow the red arrow movement path,
It may change in an upward trend.

With this in mind, I made today's trading strategy.

Today's trading strategy.

30 minute chart neutral strategy.

Top price , Bottom price in order to proceed in more detail,
Some fixes have been made.

Sky blue resistance line / green support line convergence section
Please pay attention.

* When the red arrow moves

Long Position Strategy.

$35435.5 Long position entry / Stop loss when the green support line is broken.

The final target will be the Top price,
When you reach this zone, you may continue to trend.

* When the light blue finger moves

This is a short -> long -> short -> long switching strategy.

$34901 short position entry section / Stop loss when the sky blue resistance line is broken

the important part is,

When the purple finger section reaches $33209.5,
If the rebound is weak,

According to the light blue finger movement path
Further declines may occur.

I hope you operate safely with principle trading and stop-loss essential.

Thank you.

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