May 24 BTCUSD Bybit Chart Analysis

May 24, 2021

Hello,

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Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.

I will begin BTCUSD Bybit Bitcoin Chart Analysis for May 24th .









This is the analysis on the 21st.

When I pressed the replay button,
The movement came out according to the sky blue finger movement path.

Creating a downtrend,

After touching the bottom section, finish downward right.

Eventually, it cannot break through the red resistance line.










4 hours chart.

Overall, I've marked the approximate travel route

Today's Top Price / Bottom Price

Red resistance line / light blue support line
Pay attention to the convergence section.

Focusing on this part,
Created today's trading strategy.









It is a 30-minute chart neutral strategy.

The purple resistance line is the overshooting section.


* Red arrow on the path of movement,
Short -> Long switching strategy

Red resistance line with stop loss when entering short
Stop loss in long switching is the green support line

The final target is predicting the top section
I'll summarize it in the afternoon real-time comment.


Personally, the sky blue finger movement path
Focused.


*At the time of the sky blue finger movement path

Short -> Short -> Long Switching Strategy

Purple resistance line stop-loss short
In the returning rebound, unless it breaks the green support line
Sideways guarantee

Purple Resistance Line Stop Loss Extra Short

It is finished after long position switching in the final bottom section.


Principle trading / Stop loss is essential, so operate safely.

I wish you a good day.


Thank you.

May 24, 2021

Trade active

May 24, 2021

Trade active

May 24, 2021

Trade closed: target reached