That is just a candle sticks actually and not a real analysis.
You can’t still depend on that Ai generated trading analysis, it is not complete and too risky to follow. I agree that its better to analyze on your own since AI still can’t have a more comprehensive analysis when it comes to trading. Well, many might still try this especially those who are thought to make easy money in trading.
Even the recommendations he made are not accurate. He did the opposite, as if the price reached 27777, it would most likely break the resistance, which means the possibility of testing 30,000 and vice versa. The price momentum has begun to move, but I do not know what level it will reach. We hope that it will break the next barrier, although I think that the slowdown in the rise indicates that correction is coming.
The momentum may have moved but we still have difficulty knowing whether it is just temporary momentum or sustainable momentum to break through the next barrier. Maybe we must be careful for today and tomorrow because we are now at the weekend where there is usually a correction.
Right now, the price looks somewhat stable so there is a possibility that it will decline again but let's hope that doesn't happen. But it could be a downturn if negative news is released that forces Bitcoin prices to decline again.
If you look at the movement of the line, it looks like there will be a decline but the extent of the decline is still difficult to know. Breaking through the price of $30k still seems difficult to achieve because, at least, Bitcoin must stay above $27k for a while. And the important thing is that we are ready for what happens next.
