BTCUSD Bitcoin Chart Analysis for May 18th

18 במאי 2020

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I will begin BTCUSD Bybit Bitcoin Chart Analysis for May 18th .







This is a 30 minute chart created last week.

Within the green parallel line,
The movement of the finger section came out,
The sideway is finished.







Day candle chart.

Weekend gap difference section,
I thought it was filled to some extent.

And MACD Golden Cross is waiting at the bottom.

Focusing on this part,
I brought a trading strategy.






30 minute chart / One way long position strategy.

Check the blue movement path,, long position entry price and entry timing.


When the green parallel line break away,
Pay attention to the final red finger section.

When leaving the red section,
It is a non-position finish.


Separately, it is better not to operate short positions.


Thank you.