BTC Update 05/18/2024, 65062(-2.6%)
BTC Update 05/18/2024, 65062(-2.6%)
Journaling days: 35
BTC printed its lowest 65061.2 at 08:26/05/17/24
BTC printed its highest 67400.6 at 22:33/05/17/24.
Journal time: May 17th-18th. 7am-7am UTC+7.
The gap between the Lowest and the Highest is 3.59%. The current session's BTC lowest level is -2.6% compared to yesterday's lowest price.
BTC Prediction for 05/18-05/19
Short target: 67401
Long target: 65061
Prediction active at 10.00 am 05/18 and expired at 07:00am 05/19/24 UTC+7.
Bias: Bearish. If I had only 1 choice between the two options above and had no unfinished position to protect from overleverage, I would select the "short" target 67401. If you read this update, please DYOR.
BTC Prediction for 05/17-05/18 (Update)#Final
At this session, BTC crossed the short price projection at 21:59 (05/17), and at the moment of writing this update, it leaves my position with a drawdown of 0.8% so far. But of course, following my rulebook, I did not take that projection price, and I am waiting for BTC to climb higher at 70140 (my next short price target) or close my short position at a profit. We'll see.
BTC Prediction for 05/16-05/17 (Update)#2
Position: 66644. Limit order: Short.
#2. Drawdown: -1.13% /Up: +2.3%
#1. Drawdown: -0.54% /Up: +3.1%
BTC crossed the first bearish target, 66440, at 18:59 (05/16) and the moderate bearish target, 66644, at 19:30. Considering the prediction active timing (10:00am), I take the moderate target in this journal. Target take profit: 64000.
On the second day, BTC printed unrealized profit before leaving a drawdown. That session could have been my exit shorting day, but I kept playing and decided to continue learning from the pain.