BTC Update 07/16/2024, 60623(+2.46%)
BTC Update 07/16/2024, 60623(+2.46%)
Journaling days: 94
BTC printed its lowest 60622.6 at 07:11/07/15/24
BTC printed its highest 64870.7 at 06:58/07/16 /24
Journal time: July 15th-July 16th. 7am-7am UTC+7.
The gap from the lowest to the highest is +7%. The current session's BTC lowest level is +2.46% compared to yesterday's lowest price.
BTC Prediction for 07/16-07/17
Short target: 64500/ SL: 65145/ TP: 63531
Long target: 60611/ 2nd: 57579/ TP: 61824(2%)
After calculating all the risks, the projection is valid from 16:15 UTC+7, 07/16 and expires at 07:00 a.m. 07/17/24 UTC+7.
Bias: Bullish
I would select the long target (60611) if I had to choose one of the options above.
BTC Prediction for 07/15-07/16 (Final)# No trade
The session's long target (59154) remained untouched, and the short trading (63250) was pierced to stop loss at around 5 AM, or 2 hours before the trading session was closed.