BTCUSD Bybit Bitcoin Chart Analysis june 29th

Jun 29, 2020

Hello,

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I will begin BTCUSD Bybit Bitcoin Chart Analysis for june 29th .








This is a 30-minute chart created last week.

Than expected, In the lower section,
The movement came out according to the strategy.

Blue, the box has been moved down,
Sideway move.

Red parallel lines on weekends
Without leaving the support line, The sideway is finished.








1 hour chart.

Today is the most important section .
The MACD deadcross is waiting at the bottom.

Also, the downward trend is strong.

The danger section and
Based on the gap gap that occurred on the weekend,

I made a Trading strategy.






30 minute chart.

This is a neutral strategy.

Overall, the downtrend is strong , Be careful.

Red way move and,
Check each major finger section.

If the green parallel line deviates from the support line

At the bottom, you can meet multiple support lines,
one more time ,Be careful.


*Ignoring the orange trend line,
Be careful when vertical drop occurs immediately.


Today , short Trading operation is advantageous.



Thank you.