July 22th BTCUSD Bybit Bitcoin Chart Analysis

22 Jul 2020

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I will begin BTCUSD Bybit Bitcoin Chart Analysis for July 22th .








This is a 30 minute chart created yesterday.

In the blue path,
Up to vertical rise and break through the smile section

It rose strongly.

Congratulations to the profitable people.






This is a daily chart.
And , the main point of the day.


Yesterday, in Bollinger Band,
An unusual movement occurred.


1. Only one candle per day is generated for a daily chart.

2. The Bollinger Band, with one rod,
You cannot break through the "resistance line", "center line", or "support line".


Yesterday, there was a breakthrough from the center line to the resistance line at once.


Also, with the movement yesterday,
Today in the purple and orange section

I have a simple trading strategy.







Today's trading strategy.


This is a 30 minute chart, one way long position strategy.


Blue movement path, long position entry section and timing
Please pay attention.

The final target is a smile section,

At the bottom, if the red support line breakaway
Not good.


stoploss is essential, pay attention to the vertical drop.


Thank you.

22 Jul 2020

Nota

When it goes down vertically,
check the red finger section.

22 Jul 2020

Nota