Bitcoin bybit chart analysis July 21
Hello
It's a Bitcoinguide.
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If my analysis is helpful,
I would like one booster button at the bottom, please.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
No Nasdaq indicators announced,
The signal is trending upward, no matter how much I look for it, there is no place to eat short.
Regarding the section that was forced down yesterday, I organized it to the extent of rebounding to the right.
Nasdaq also touched upwards first
Depending on the situation, there is no strong decline
I don't think there will be a big problem today even if it only comes out sideways.
Even in the case of tether dominance
Because there is no resistance wire touch for 4 hours or 6 hours yet
The possibility of sideways movement is high, but I bet on a long position.
*At the red arrow path
long position strategy
1. $297981.5 entry into long position / stop loss when breaking the green support line
2. $30275.5 long position target -> 2nd target of the top section
During the weekend, the final target from $ 30676.5 to the Great section in the upper right corner
If from the current location
Or if it fails to break through the pink -> orange resistance line
The light blue finger section at the bottom -> It can go down to the Bottom.
I've done a lot of things this week
I guess I was too careless.
I'm organizing it one by one, so I'll show you how to focus again from next week.
So far ,
My analysis is for reference only.
You worked hard this week too.
thank you
#At the bottom, I will share the principles of trading.
6 Principles of Trading
1. Prohibition of chase trading (absolute prohibition of market liquidation -> correction of stop loss)
2. Volvan timed support buy long,
30-minute chart -> 1-hour chart -> 4-hour chart Until the resistance line is touched
Short position operating section for each section.
3. Pre-order trading only (buy long position only), short position according to the flow
4. Designate stop loss in any case (trend from initial stop loss to correction)
5. In a total of 2 trading plans per day
If the stop loss or loss is repeated twice, place a reserve trade in the final entry section and exit
6. 🍶 Drinking and selling 🍻 Absolutely prohibited~!!!