Long

Bitcoin (BTC) My first chart, crazy idea. Rally then fall.

Updated

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.

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Here is my alternate view

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Expecting a pump at 1:45 UTC-6

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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.

Trade active

I went long from 6080. Using 2.25x margin.

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Found the snapshot tool on the top right. Anyway, my past predictions have been spot on for now.

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UTC - 6 I mean, forgot to write that on.

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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.

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Another pump/dump zone.

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Move will happen in next 2 hours.

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Another perfect prediction

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Called 4 in a row so far using 5/15 min timeframes.

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I believe max rally is around 6175 while this one could make 6089. Currently doesn't look good.

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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.

HD1184K

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