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BTCUSD Bybit Chart Analysis May 11t
BTCUSD Perpetual Contract
Long
BTCUSD Bybit Chart Analysis May 11t
By BitCoinGuide
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Updated
May 11, 2021
3
May 11, 2021
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
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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 11th .
This is the movement after the analysis on the 11th.
After breaking out of the green support line,
Stop loss finish.
It fell to the final bottom section.
In a big trend, The pattern was broken, but it fell more than expected.
It also fell along with the NASDAQ.
4 hours chart.
Today's Highest Top Price / Lowest Bottom Price
Please check.
The red parallel line support / resistance line is meaningful.
Check the approximate travel path.
Green resistance line / Orange support line at convergence
It seems that the direction of the today will be decided.
This is a 30-minute chart long position strategy.
Long / short two-way strategy. I think it would be nice to see it.
The final target in the long position is the light blue resistance line.
I focused on the sky blue finger movement path.
From your current location
Pay attention to the convergence section of the green resistance line / orange support line
*Red arrow on the path of movement
Short -> Long switching strategy.
When a variable occurs,
I'll summarize it in real-time comments.
Green Resistance Line Stop Loss / Enter Short Position
Orange Support Line Stop Loss / Enter Long Position
*On the path of the sky blue finger movement,
Long -> Short -> Long -> Short switching strategy.
If you break the red support line
The strategy is modified with a short position.
At the bottom, it can go down to the blue support line.
Orange Support Line Stop Loss / Enter Long Position
Green Resistance Line Stop Loss / Short Position Entry
Long -> Short finish.
Last week, because of the move, I'm in a hurry.
Renovation work, after tidying up,
See you in the live comment in the evening.
Thank you.
May 11, 2021
Trade active
May 11, 2021
Trade closed: target reached
Beyond Technical Analysis
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BTCUSD Bybit Chart Analysis May 10
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