BTC Update 07/11/2024, 57125(+3.7%)
Journaling days: 89
BTC printed its lowest 57125 at 03:28/07/11/24
BTC printed its highest 59449.5 at 12:08/07/10/24.
Journal time: July 10th-July 11th. 7am-7am UTC+7.
The gap from the highest to the lowest is -4.06%. The current session's BTC lowest level is +1.54% compared to yesterday's lowest price.
BTC Prediction for 07/11-07/12
Short target: 59460/ SL: 60055/ TP: 58567
Long target: 57115/ 2nd Post: 54258/ TP: 58829
After calculating all the risks, the projection is valid from 15:00 UTC+7, 07/11 and expires at 07:00 a.m. 07/12/24 UTC+7.
Bias: Bullish
I would select the long target (57115) if I had to choose one of the options above. However, since I already have 2 positions active, I would skip the predictions above.
BTC Prediction for 07/10-07/11 (Final)#No trade
I consider I don't have any new trading in the session. I released my prediction at 21:00 on July 10th, and by then, Bitcoin had already crossed my short target (58301). The short target remained uncrossed until 07:00 on July 17th. If I extended the expiry time until I made a new update, the short target would make a profit of up to 2% (exceeding the 1.5% target). Meanwhile, the long target was untouched.
Here’s the log:
Open Short at 08:49 (July 11th) UTC+7
Closing Profitable Short 10:12 (July 11th)
Drawdown: -0.21%
Max Unrealized profit: +2.18
BTC Prediction for 07/04-07/05 (Update)#7
#7. Unrealized profit: +5.85%
#6. Unrealized profit: +3.79%
#5. Drawdown: -3.41%/ Up: +3.63%
#3. Drawdown: -0.28%/ Unrealized profit: +3.95%
Stat: Long Opened (Avg: 56160/Tp: 60482/Or +7.69%):
57601 (15:40/July 4th)
54719 (11:17/July 5th)
Bitcoin crossed the long target (57601) at 15:40 July 4th (UTC+7) and, as anticipated, continued to open the second long position (54719) at 11:17 July 5th. I set these 2 trades with TP: 60482
The plan is to buy more Bitcoin when the market is panic selling.
In the current session, BTC is at its monthly low trading level, and I believe it is the best time to stack more Bitcoin. In case more selling pressure occurs, I set another long position targeting (3rd position at 50651.)