BYBIT:BTCUSD Bitcoin / U.S. Dollar
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for june 30th .
This is a 30 minute chart created yesterday.
Within the green parallel line,
The sidewalk was finished.
At the top,
to weekend gap difference section , uptrend came out.
12 hour chart.
The Golden Cross is waiting at the bottom.
And, parallel line Top and bottom,
The main section was separated.
Smile section at the top,
If break through strongly,
The upward trend can be maintained again.
Focusing on this part, I brought a trading strategy.
30 minutes chart, long position strategy.
Red parallel line resistance,
From the green parallel line support , Make a Triangular convergence.
* Check the blue route and main section.
If break through the smile section strongly,
Shouldn't Short position entry.
*If you leave the blue route,
Pay attention to the red finger section.
* When the green parallel line breaks,
It can be dangerous.
* If you do not touch the orange / pink line,
Strong vertical rise may occur.