BTCUSD Bybit Bitcoin Chart Analysis for July 8th

2020年7月8日

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








This is a 30 minute chart created yesterday.


Along the pink line,

It was an extreme sideway movement of less than $80 round trip.


If little sideway movement,
Neither long position or short position All can make Profit.

Total , In the red parallel line was a movement.







4 hour chart.

Meantime ,haven't been able to break through
Parallel line resistance.


For each section, the main section was checked.

I focused on this part and brought a trading strategy.









30-minute chart / One-way long position strategy.

It is inevitable for sideway move,

On yesterday's , my pride was hurt.


And Wednesday,
Generally, the movement is not large.

Also, today for vertical rise,
Because it is an aggressive strategy.

Maybe Sideway move.


Because ,
Please operate according to your position.




*Check the blue movement path and each main section and entry section.

*If the green parallel line deviates, possibility of sideway move.


Breakaway from the green parallel line -> If you touch the pink line,


Max, within the red parallel line,
Pay attention to the movement.



When the red parallel line Breakaway from the bottom
Not good.



Thank you.

2020年7月8日

注释