BTCUSD Bybit Bitcoin Chart Analysis june 1th

Jun 1, 2020

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I will begin BTCUSD Bybit Bitcoin Chart Analysis for june 1th .








This is a 30 minute chart created last week.

it was , Break Away from green parallel line Support line,

Within the red parallel line Sideways finish.


Thereafter, a rise occurred on the weekend,

Today, I brought in a Trading strategy focusing on this.






Monthly candle chart.

Originally as of last month,
At around $ 9,300, the rising signal was confirmed.

But, it's from $ 9400 this month
There was a new rising signal.

(Based on the indicator I use)


Because the Monthly candle chart has a large range,
Difficult to use in real trading.

Instead, after a big move
It is advantageous to operate around a long position.








Today's trading strategy.


It is a 30-minute chart / neutral strategy.



The gap in the weekend was filled in the morning.
Instead, it is necessary to balance the indicators that occurred on the weekend.


Largely

1. Within the green parallel line, Uptrend pattern

2. Within the red parallel, the down Trend pattern


Focusing on two types of sideways,

I brought a trading strategy.


Short-> long switching strategy.


Until today, the red parallel line support
It is difficult to leave the final stage, so please refer to it.

Instead, chart movements will be important tomorrow, right?



Good luck.


Thank you.