BTC analysis on 3/11:

- D1 Frame: BTC has dropped below the MA line of the BB range, need to observe whether from now until the BTC price candle closes there will be a wick pulling back above the level of 68600 or not, if the price stays below this price range, the downtrend of BTC will continue.

- D4 Frame: BTC is still in an uptrend, the range 676-678 can be considered a resistance area, if it drops below this range, BTC will test the range of 665-666. This is considered a strong resistance area.

- W1 Frame: also in a strong uptrend, however, the weekly candle whether it closes green or red is still an extremely bad candle, signaling a major correction.

The deepest area could fall into 62-63.

=> My analysis:

- BTC is in a correction phase within a long-term uptrend, regarding the long-term trend, I believe BTC will far exceed the 73k range this month and in December. However, this correction right now will also last longer than everyone thinks, in the immediate future, strong resistance levels will fall into the range of 655-665, 65k, and 63k.

- In my opinion, BTC will continue to correct in the next week and in the last two weeks of the month will pull a wick to create a strong green monthly candle.

- I just made a very painful trade, so I will temporarily stop trading, only analyzing based on technical analysis to continue practicing. The path to success is still far away.

Please refer to my analysis and develop your own strategy.