BTC Update 07/12/2024, 57030(-0.16%)🔴
Journaling days: 90
BTC printed its lowest 57030 at 10:21/07/11/24
BTC printed its highest 59780 at 19:30/07/11/24.
Journal time: July 11th-July 12th. 7am-7am UTC+7.
The gap from the lowest to the highest is +4.82%. The current session's BTC lowest level is -0.16% compared to yesterday's lowest price.
BTC Prediction for 07/12-07/13
Short target: 59790/ SL: 60388/ TP: 58892
Long target: 56476/ 2nd:53651 / TP:58736
After calculating all the risks, the projection is valid from 14:00 UTC+7, 07/12 and expires at 07:00 a.m. 07/13/24 UTC+7.
Bias: Bullish
I would select the long target (56476) if I had to choose one of the options above. However, since I already have some positions active, I would skip the predictions above.
BTC Prediction for 07/11-07/12 (+1.5%)#Take Profit
Stat: Short target: 59460/ SL: 60055/ TP: 58567
Unpredictably, making a limit order at 15:00, I thought I had missed the profitable trade already because if I had woken up earlier and set a long position based on the lowest price BTC made at the 10/11 July session, I would already have a long position opened at 10:21 that I could close that trade at +1.5% profit at 12:50 or 3% if I felt confident.
Anyway, the short target was also a profitable one. Opened at 19:30, the trade was already making a 1.5% at 20:09 (39 minutes). With a drawdown of -0.53%, setting stop loss at 1% from the opening target was sufficient to make the trade "fun to view."
#New trade#
Long target: 57115/ 2nd Post: 54258/ TP: 58829 (Update)#1
The long target was opened at 08:14 on July 12th. At the time of the update, the trade had a drawdown of -1.07 (08:26) so far.
BTC Prediction for 07/04-07/05 (Update)#8
#8. Unrealized profit: +6.4%
#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.)