July 8th BTCUSD Bybit Bitcoin Chart Analysis

8 Jul 2020

Hello,

“Make it simple, make profit”

It’s BitcoinGuide.


Don’t forget to

“Follow” me and press “Likes”.


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.

8 Jul 2020

Nota