BTC Update 07/22/2024, 65750(-0.6%)🔴🔵
Journaling days: 100
BTC printed its lowest 65750 at 01:12/07/22/24
BTC printed its highest 68351 at 05:04/07/22 /24
Journal time: July 21th-July 22th. 7am-7am UTC+7.
The gap from the highest to the lowest was +3.95%. The current session's BTC lowest level is -0.61% compared to yesterday's lowest price.
BTC Prediction for 07/22-07/23
Short target: 68470/ SL: 69155/ TP: 67441
Long target: 65740/ 2nd: 62452/ TP: 67055
After calculating all the risks, the projection is valid from 11:30 UTC+7, 07/22 and expires at 07:00 a.m. 07/23/24 UTC+7.
Bias: Bullish
I would select the long target (65740) and add a new position if I had to choose one of the options above.
BTC Prediction for 07/21-07/22 (Take Profit, +3.5%)#1
Win from Short:
The short target (67659) was opened at 00:00 of July 22nd, and less than an hour later, at 00:52, Bitcoin closed the short at +1.5% profit when it printed 66643 in the chart at 00:52. The drawdown of the trade was -0.079%.
Win from Long:
Bitcoin opened The Long target 66148 at 01:08 on July 22nd and soon after made a drawdown of -0.56 when it printed a low of 65777 at 01:12. Fast-forward to 02:30, and Bitcoin crossed the 2% target of 67471.
The future trade recorded a 3.5% profit in the book during the session.
BTC Prediction for 07/20-07/21 (Stop loss, -1%)#2
Update: July 22nd, 03:27 UTC+7, Bitcoin breached the Stop loss line of the session (68047).
Bitcoin breached the short target (67373) at 00:16 on July 21st, and as of this update, the Bitcoin position is not yet closing the trade at a -1% loss or +1.5% win. On the other hand, the long trading price (63255) remains intact at the session's closing.
Stat: Short target: 67373/ SL:68047(-1%) /TP: 66361(1.5%) (Bias: Bullish)
Drawdown: -0.40%, Unrealized profit: +0.94%
Stop loss: -1%