Bitcoin Prediction(Win Rate:11 out of 12 in Oct-Dec)Swing Trades
Updated
Congratz on our previous short position has provided with net profit of 10% x Used Leverage. With my advises to my group members, we have gained from 100%-1000% with 10x leverage and cross leverage. We did gain twice in a row with 2 time failures of testing $7700. I always trade for the big money and avoid any small traps especially with bitcoin's high volatility.
For this chart analysis, we do have the possibility to see the area(Blue) between $8000-$8200 because even if we hit the area, we are still in the downtrend line. However, I personally think that it will be hard to achieve at the moment. The Red shaded areas are the average price for both shorts and longs and thats why we can see that there are many wicks below and above the Red areas. I am still opening short positions, our short position entries were hit twice accurately at $7750 and thats how we are able to gain 10% net profit x Used Leverage repeatedly for the past few days.
Short Position Set Up
Entry Prices:
Red Shaded Area (Average Price)= $7550 - $7350
Blue Shaded Area (Resistances)= $8000 - $8200
Take Profit: $6930 - $6552
Stop Loss: $8500
Risk Reward: 1:2-1:4
Estimated Profit: 26%-12% x Used Leverage
Again, I do not update my trades on tradingview so you can join my channel/group for daily updates since it is free or comment below. All The Best and Happy Trading.
For this chart analysis, we do have the possibility to see the area(Blue) between $8000-$8200 because even if we hit the area, we are still in the downtrend line. However, I personally think that it will be hard to achieve at the moment. The Red shaded areas are the average price for both shorts and longs and thats why we can see that there are many wicks below and above the Red areas. I am still opening short positions, our short position entries were hit twice accurately at $7750 and thats how we are able to gain 10% net profit x Used Leverage repeatedly for the past few days.
Short Position Set Up
Entry Prices:
Red Shaded Area (Average Price)= $7550 - $7350
Blue Shaded Area (Resistances)= $8000 - $8200
Take Profit: $6930 - $6552
Stop Loss: $8500
Risk Reward: 1:2-1:4
Estimated Profit: 26%-12% x Used Leverage
Again, I do not update my trades on tradingview so you can join my channel/group for daily updates since it is free or comment below. All The Best and Happy Trading.
Trade closed: target reached
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