BTCUSD Bybit Chart Analysis May 20

By BitCoinGuide
Updated






Hello,

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Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.

I will begin BTCUSD Bybit Bitcoin Chart Analysis for May 20th .



snapshot






This is the movement after writing the analysis on the 17th.

After the down trend wave, until the marked black finger section
Fell.

Exactly, it Touch the green support line,
I don't know if everyone trading it safely.



snapshot





It's a 4 hour chart.

Up and down, we have shown the approximate movement.

Check the move and price of each

The current rebound is the major rebound I think.


Focusing on this part,
Created today's trading strategy.


snapshot




This is a 30-minute chart long position strategy.

Today, roughly,
It is expected to be upward or sideway move.

It seems like the bottom of Bitcoin is coming out.


Red resistance line / Orange support line
Pay attention to the convergence section.

* Red arrow on the path

Short -> Long switching strategy.

Red Resistance Line Stop Loss / Short
Orange Support Stop Loss / Long Switching.

The final target becomes the Top section,
You can organize them in moderation.


*On the path of the sky blue finger movement,

Short -> Long switching strategy.

Green Resistance Line Stop Loss / Short
Orange Support Line Stop Loss / Long

If the orange support line is deviated,
You can go down to the final purple finger range.

That’s it for today’s strategy

Thanks for reading.






Trade active
snapshot
Trade active
snapshot
Trade closed: target reached
snapshot
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