BTCUSD Bybit Chart Analysis April 17th.

17 apr 2020

Hello,

“Make it simple, make profit”

It’s BitcoinGuide.


Don’t forget to

“Follow” me and press “Likes”.


I will begin BTCUSD Bybit Bitcoin Chart Analysis for April 17th .






This is a private analysis written yesterday.

Short-> long switching strategy,

But , In a strong rebound, all strategies were revised.


Parallel line resistance
On the red trend line, convergence interval formation

The final long position was finished.

Congratulations to the profitable people.







4 hour chart.

Orange section / Red section

First, in order of movement,
Today's direction is decided.

With this focus in mind, I made a Trading strategy.







30 minute chart.
This is a long position strategy.


Check the blue and red paths.

First, depending on the direction of movement,
Is decided.


When moving in blue,
In case of break through the parallel line,
Strong rises may occur.



In the case of the red path,
Short-> long switching strategy.



If ,When moving the red path,
slump on the weekend morning Possibility.


Have a good weekend.


Thank you.