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BitCoinGuide
Jul 23, 2021 3:03 AM

July 23 BTCUSD Bybit Chart Analysis Long

Description











Hello,

“Make it simple, make profit”
It’s BitcoinGuide.

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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 July 23 th .










The 22nd is a private comment.

It was a short -> long switching strategy, but

There is no trend
Upward finish.

Orange resistance -> pink resistance -> sky blue resistance is trying to break through.

Overall, it was an upward sideway move.










4 hour chart.

I cleaned it up as neatly as possible.
It looks messy.


Today's Top Price / Bottom Price Check

based on the orange support line

red top / sky blue bottom

I made today's trading strategy.







This is a 30 minute chart long position strategy.

To be precise, it is a short -> long switching strategy.

based on Bollinger Bands
The resistance line on the 2 hour chart was touched.

This criterion is the maximum sideways consolidation.

In the case of a vertical uptrend or an uptrend, today's trading strategy will fail.

Bollinger Bands 2-hour chart resistance line -> 2-hour chart support line touch strategy.


1. Purple Parallel Line Strong Rise
2. Orange parallel line to the right
(Target the top section of the sky blue resistance line)


* When the red arrow moves,


$32031 long position switching / Stop loss when the green support line is broken

33052 target.


If the variable appears,
See you in the final comment in the middle.

If there is no problem, we will end here today.


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

Have a good weekend

Thank you

Trade active

Trade closed: target reached

Trade closed: target reached




$ 7898.5 profit
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