BTCUSD Bybit Chart Analysis July 12

Jul 12, 2021

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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 July 12 th .











This is last week's travel route analysis article.

without much movement,

Within the red resistance/orange support line convergence
The sideway move is finished.


It broke the final red resistance line.








4 hour chart

Approximate Top Price / Bottom Price of the Day
Gap (weekend gap difference ) is marked at the bottom.

red top / sky blue bottom

Approximate move route check.

Red Resistance / Purple Support
small convergence section

Sky Blue Resistance / Green Support
within a large convergence interval

Today's direction is decided.







30 minute chart neutral strategy

There seems to be a lot of variables today.
I had a lot of trouble.

red arrow up trend
sky blue finger Down trend
Approximate key times are shown.

Now , Before and after breaking the pink resistance line,
Created a trading strategy.



* When the red arrow moves

Long -> short -> long switching strategy.

1) $34232 long position / Stop loss when the purple support line is broken

2) Top section 35188 short position switching / Stop loss when breaking through the purple resistance line

3) Final $34449.5 long position switching.
(Take the trend according to your judgment.)


* When the light blue finger moves

Long -> short -> long switching strategy.

1) Long position switching in the $33463 gap / Stop loss when the green support line is broken

2) Short position at $34061.5 / Stop loss when breaking the red resistance line

3) $33284.5 Long position switching / Bottom section
Stop Loss when it breaks the orange support line

Check to see if it breaks through the final red resistance level.



We hope that the principle of trading / stop loss is essential for safe operation.


Thank you.

Jul 12, 2021

Trade active

Jul 12, 2021

Trade active

Jul 12, 2021

Trade active

Jul 13, 2021

Trade closed: stop reached

Yesterday in the first analysis
After breaking the purple support line,

4 hours -> 6 hours -> 12 hours MACD It was connected to the dead cross.







The last black parallel line construction section for dawn movement.






It was a short -> long switching strategy, but

Pushing down, switching fails

It's a hand cut finish.

Today, for personal reasons, I will take a day off from the analysis.

Thank you.