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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.