Short

BEAR FOR BTC ??

Updated

Nothing to say. Lets see if it works or not.

Trade active

First target reached. Lets see how it goes from there. Btc seems that facing with sell presure now as I expected but for now not looking any short possition until I see a reversal pattern or something. In addition to that in case of BTC move up to the green than we may see a new higher high and this trade might be not valid.

Trade active

This trade still on the table. As the selling presure is still high I haven't opened any long position for BTC. However, I had some counter trades on altcoins such as BNB & ETH. I expect in few days BTC will decide whether go up or down. Than, we will start our next journey.

Trade active

A new update;

The second part of my analaysis is still on the table. We might got rejected from 0,618. If we are not going to pass it and make new HH than we might do another LH.

I missed 0,618 entry at there as I couldn't found any valid trade point. However, there is still long way to go; thus, I am not sad. I am sure my patient will be rewarded at the end.

Note

This trade is still doing well; however, I wish that I also been in that.
Aynway, we might have a small bounce somewehere around here. I will keep my eyes open for that

Note

WOW ! Calm down Boy !

That one just supposed to be a small bounce !

LoL =) I saw much stronger buy presure than I expected.. This price action might cary us to new HH..

So lets just watch what is going to be happen next.

Trade active

As I told earlier we saw a good buy presure that caried us near to our sell target.

Even we are still in the bull market and this trade caries lower chance, It has really nice RR ration. I am going to try it. Don't forget a new HH will cancel it. A clear road map of my strategy will be the one at the below

Trade active

I added the HL which we might also consider left snhoulder.

Fibo 0,618 also supports this trade.

Target is set. Trade is open. Lets go baby !

Trade active

People say this drop caused by Tesla's announcement. However, the charts has announced it much earlier.

Might have some resistance around here.

Trade active

Wow what a sell.. Didn't expect my first target that much earlier. Closed some of of my position at there and moved my stop to my enter point for the rest part.

I will just follow the market action.

Trade active

Update

Trade active

IMPORTANT UPDATE !

Basicly we have two scenarious at there

Trade active

After one year we reached 200 dailly ma. Second part of my trade is closed. I hope we will return somewhere around here.

Trade closed: target reached

Target achieved trade closed

Cryptopredics

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