BTC Update 05/05/2024, 62520(+6.3%)
BTC Update 05/05/2024, 62520(+6.3%)
Journaling days: 22
BTC printed its lowest 62520 at 09:36/05/04/24
BTC printed its highest 64547 at 18:01/05/04/24.
Journal time: May 4th-5th. 7am-7am UTC+7.
The gap between the Lowest and the Highest is 3.24%.
BTC Prediction for 05/05-05/06
Short target: 64548
Long target: 62520
Commentary:
Remembering that I still have 2 unfinished auctions, I plan not to make any new positions unless BTC reclaimed 56537. Other than that, I would limit the order based on these 2 inputs. If BTC crossed the "short" line, I don't feel confident it would be profitable. However, the past lesson taught me that my intuition was not always accurate. So, we'll see. Yesterday's short trading action could be repeated today. A 1% target was good for a future trader with 100x leverage.
Prediction active at 9:30am 05/05 and expired at 07:00am 05/06/24 UTC+7.
BTC Prediction for 05/04-05/05 (Final)
Recap:
After breaking the un-adjusted "Short" target (63333) at 08:29 a.m., two minutes later, BTC returned to the "short" line and fell to a local low (-1.26%) at 62520 at 9:36 a.m. From there, BTC regained strong demand to reclaim the short line and eventually cross the profit target 64200 at 17:58. The chart told the whole story, and I wished for another finished auction shortly.
Finished and Unfinished Auctions:
BTC Prediction for 05/01-05/02 (Update)#4
In this trading session, my targeted long position, 59150, opened at 14:05/05/01/24. TP: 64700.
BTC Prediction for 04/30-05/01/24 (Update)#Final
This fifth updates/days marked the last day of my "long" position (61726), which BTC opened at 16:34/04/30. At 17:58/05/04, BTC closed the auction with a +4% profit (Tp: 64200).
BTC Prediction for 04/25-26/24 (Update)#10
At 17:10, 04/25/24, BTC crossed my long target price of 63575. My TP is 66.000. Today is the tenth trading session; I am waiting for BTC to close my TP.