I spent some time exploring the BTC, and I had some own experience evaluating the development of the BTC. Here is my quick comment on BTC March 03, 1818 and later. The article uses ptkt in my own perspective. Please use as a channel to provide information for your personal arguments. Looking forward to receiving positive contributions and feedback.
The main trend of month candles is still bearish. In long term, the target of the month will be EMA21 (4), BB between (MA20 - 5), and finally the bottom BB (6). During BB bottoming process (deep down, BB bottom will be pulled up gradually by the falling candle / sideway), the price will fluctuate in BB is the main. So in the month frame we will be very long to see the new peak of the BTC (Over 19k8).
About February price movements: After forming a very deep bottom, the candlestick month reversed to Doji and the rising trend to touch the BB, basically it moves quite well with normal candles.
Thus, the end of month candle is nearing end, in the case of green candlestick close (more than 10,268), a slight increase cycle will continue at the beginning of next month before continuing to fall. Target in this case continues to be BB on (around 12k5). If the red candlestick is below 9K3, then the next target will be EMA10 (3) and then EMA21 (4). For indecisive candles of 9K6 - 9K8, bearish trend will be a priority. Observing the February candlestick with the oversold EMA10 (which broke short-term support), the price will likely advance to the next support (EMA21).
Near-term D5 (5 days)
Candlestick D3 also showed that the main long-term trend continued to decline with all three BB lines, especially the MA20 with very clear slope. The bottom of D3 continues to open and offers the opportunity to appear Double Bottom. However, we only need some sideways candlelight candlesticks and the bb bottom is pulled up and the BB continues to lower the opportunity to price up BB. The short term uptrend in D3 is sideways around BB long enough. Now if the price up quickly, it will collapse very quickly, the price will fall down, the bottom BB will open to create a downward trend immediately.
D1 is one of the brightest frames for BTC with the MA20 (middle BB) curved upwards. In the latest downtrend D1 has not broken the middle BB. D1's price is also pretty bright for some models such as Head and Shoulders, Cup and Handle.
On 01/03 (new candles) have come very close, the current frame D1 shows that prices can hardly fall sharply. Opportunities close Doji candles are relatively high, and we may have short-term gains with BB expectation on the candlesticks or higher around 13k7. This is basically well suited for short and medium frames. Then the trend of falling back and approaching support in turn varies.
It should be noted that the analysis of nature is not valid at all. Signals are the most important thing when the market changes continuously, the price of closing the candle can completely reverse the trend. Use for reference information, then combine the signal at the present time to make a decision. In this market should not believe anyone, including myself. Use information independent of your logic.