Bitcoin (BTC) My first chart, crazy idea. Rally then fall.
Mis à jour
Bitcoin has always been very hard to predict for me. I'm going to make my very first chart on BTC that will likely be inaccurate, but I believe at our current price we will have a small rally to 6.2k before continuing our downtrend.
I fully expect to be wrong, but I would like to come back to this chart and improve my analysis. I put all my private BTC predictions in the related ideas so you can see my current track record. I've never really attempted a 4 hour analysis so this is quite nerve-wracking since I can usually only make decent calls on the 15 min btc charts which I cannot post on tradingview.
Situation 1: I believe our current price is going to be the bottom for the next 19 hours before a move upwards. After the upwards movement, we will break the trendline and go down again. I am going to enter short around 6.2-3k.
Situation 2: Sideways & further drop. This is the alternate scenario.
How I will trade this:
When BTC enters the cloud around 6.2k+ my short position will become active. My stop loss will be beyond 7k. If BTC reaches 6.8k I will be adding to my short. I will not long as I plan on trading safe in a bear market.
Thanks for viewing! Let me know how I did in the comments below. I will respond to all messages.
I fully expect to be wrong, but I would like to come back to this chart and improve my analysis. I put all my private BTC predictions in the related ideas so you can see my current track record. I've never really attempted a 4 hour analysis so this is quite nerve-wracking since I can usually only make decent calls on the 15 min btc charts which I cannot post on tradingview.
Situation 1: I believe our current price is going to be the bottom for the next 19 hours before a move upwards. After the upwards movement, we will break the trendline and go down again. I am going to enter short around 6.2-3k.
Situation 2: Sideways & further drop. This is the alternate scenario.
How I will trade this:
When BTC enters the cloud around 6.2k+ my short position will become active. My stop loss will be beyond 7k. If BTC reaches 6.8k I will be adding to my short. I will not long as I plan on trading safe in a bear market.
Thanks for viewing! Let me know how I did in the comments below. I will respond to all messages.
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Here is my alternate view
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Expecting a pump at 1:45 UTC-6Note
We are now in the pump/dump zone
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I predicted a pump at 1:45 UTC-6, it happened from 1:30.I was spot on. However, I am unable to share because the snapshot tool on TV seems to have disappeared.
Transaction en cours
I went long from 6080. Using 2.25x margin.Note
Found the snapshot tool on the top right. Anyway, my past predictions have been spot on for now.Note
UTC - 6 I mean, forgot to write that on.Note
UTC-6 10:00. I will be watching this time.
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Tether is printing money again, indicating they plan for the 5k-6k range to be the bottom.Note
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Another pump/dump zone.Note
Move will happen in next 2 hours.Note
Another perfect prediction
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Called 4 in a row so far using 5/15 min timeframes.Note
I believe max rally is around 6175 while this one could make 6089. Currently doesn't look good.Note
Chart accurate so far.
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This is near the resistance area. We might get up to 6.8k but I would start adding some shorts here. My average is 6560, still have 61% of my funds left and lots of cash I plan on adding.
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