August 27th BTCUSD Bybit Bitcoin Chart Analysis

27 באוג׳ 2020

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I will begin BTCUSD Bybit Bitcoin Chart Analysis for August 27th .








At the top is a 30-minute chart created yesterday.

Based on the green resistance line and the orange support line
The sideway move was finished.


As there is a downward wave,
From the under of the blue path
Movement occurred.









This is the main section of the day.
4 hours chart.


At the bottom, MACD Golden Cross is waiting,

Orange trend line and
Focusing on the convergence section of the red resistance line,

I have a trading strategy.


Because the downtrend is strong, when the orange line deviates
strongly deviate.

And , Must break through the red resistance line.


Focusing on this part, I brought a trading strategy.








30 minutes chart, neutral strategy.


Centered around the green support line,
I have marked the blue path and the red path.


Blue movement path and long position operation section

Orange resistance line -> Red resistance line
If you must break through, it becomes a safe zone.


In case of not breaking through Red resistance line,
short position


Contrary ,

If the green support line is deviated,
If you deviate from the orange support line

The red finger at the bottom , It may fall.


Because it is a danger zone,

Stop operating the spot exchange.

I hope you operate as safe as possible.


Thank you.