Bitcoin
Short

BTC price swings forecast

Updated
From current price of 49K to 51K

From 51 - 53K to 25 - 30K

From 40K to 40 - 45K

From 40 - 45K to 10K (Heavy downtrend)
Note
Entry

Selling 50,800



Limits 51,450

51,709

52,150



Sell stop orders (To enter into falling market)

49,400

49,500

48.900

45,900

(I consider these critical break levels and would want to be short if these hit before my upside limits)



All stops are 57,790.



Target 13,270.
Note
Adding some sell stops 50,270 and 50,120 to get up to full short earlier if it breaks. Ideally it spikes for my limits. Better entry.
Note
Full short 50,750
Note
Probably early. Out my tighter stop trades and have some longs on to cover a spike.
BTC buy trade into 51,500


Plan to be larger short between 51.5 and 52.5
Note
Forecast swing one complete. Full short filled.
BTC hits 76 fib.
Note
Some adjustments to this. Overall this plan is still being used. These adjusts are just accounting for some possible variance / misreads of signals to make better trade plans.
Full re-entry into BTC short plan
Harmonic PatternsTrend AnalysisWave Analysis

Also on:

Disclaimer