BTCUSD "Trendline Web Pattern" - Education

Sep 20, 2017

Hai all,
I have many question in my private chat about my last analysis at BTCUSD

- How i get perfectly support at 2984.02 at BTCUSD?
- What kind of analysis i use and?
- are that analysis depend on fibonacci?

The answer is simple, i use "Trendline Web Pattern" analysis.
In this post i will explain in very simple way.

Sep 20, 2017

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as u can see, that i get a good projection target from last bearish at BTCUSD.
But how I get that price?

Sep 20, 2017

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the answer is simple, by using trendline web.
we get our 1st trendline here :

Sep 20, 2017

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and 2nd trendline :

Sep 20, 2017

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the 3rd trendline :

Sep 20, 2017

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4th trendline :

Sep 20, 2017

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and last trendline :

Sep 20, 2017

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the key of "Trendline Web Pattern" analysis is :
never forget your old trendline, because it will help u in next analysis.

Thanks all, hope this post help to understand better about trendline analysis.
See u all at next education post, bye ^_^