BTC Update from last analysis

27 באוג׳ 2024

Wow! It seems that our analysis is correct as it respect the movement of the market and probably goes down to the level of support that we set from previous resistance that was broken. The ratio I use as a beginner is 1:1.4 ratio. Once it reaches completely the target, we we'll wait if the candle will go beyond the support for down trend continuation or will see another double bottom for another reversal/pullback.

Note: This is not a signal. This is just an application based on the analysis that I learned and testing it out. Share your ideas, and suggestions by commenting below to help me improve my trading analysis. Thank you!