BTCUSD Bybit Bitcoin Chart Analysis june 8th

Jun 8, 2020

Hello,

“Make it simple, make profit”

It’s BitcoinGuide.


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I will begin BTCUSD Bybit Bitcoin Chart Analysis for june 8th .







This is a 30 minute chart created last week.

in real time ,
About the possibility of sideways Explained.

After that, downtrend sideways move, finished.


In recent, Bitcoin's movement has less fun.


Instead, with weekend moves

Weekend gap difference completed.
Up to balance indicator adjustment.

Because ,
Largely the variable will not happen.






Day candle chart.


weekend moves,

MACD indicator is at the bottom,
It was changed in the same direction as the futures market.

On the weekend, I touched the center line of Bollinger Band,

In the section checked

The smile section at the top adds an "uptrend"
on the bottom , The I'dont like section is "downtrend".


Up to about $700,

If you explain like this, it's not fun

I have made a Trading strategy with my style.








30 minute chart. / This is a short position strategy.

Most investors,

"Stoploss", "Sudden crash"
get a big loss.

In the future, we will focus on "short position"
I would like to proceed with the operation of the danger section.

As a general rule, if you just keep the stoploss price,
You can take the minimum profit.


Today, focusing on sideways move,

Within the red parallel line
Notice the movement.

When you touch the “Smile” section at the top,
Today's trading strategy will fail.


Also, the red parallel line support
If Breakaway

Please pay attention to the red finger section at the bottom.


Thank you.