Hello,
My name is Jorge and I am from Mexico, i've been trading for 2 years crypto and a bit of forex. I've learned the hard way: liquidations, sentiments, no SL, but this also has accelerated my learning and helped me to understand the virtues of a successful trader. I want to share my technical analysis with you because i love it, and i think that market psychology can be understood by mathematics, but not only talking about the market psychology, but everything in life: you, me, and the universe.
So after getting excited a bit too much i want to share with you my first technical anallysis on Bitcoin :
We can see that bitcoin is having it's first correction to .236, with a big red candle, with lower buys, and probably it will continue it's path until it reaches .618 fib level. Then we can continue with the parabolic growth, reaching a new maximum.
This sort of corrections can be seen on 2017, where bitcoin usually corrects to .618 , continuing it's parabolic growth.
LEt me know what you think!
XBTUSD
My name is Jorge and I am from Mexico, i've been trading for 2 years crypto and a bit of forex. I've learned the hard way: liquidations, sentiments, no SL, but this also has accelerated my learning and helped me to understand the virtues of a successful trader. I want to share my technical analysis with you because i love it, and i think that market psychology can be understood by mathematics, but not only talking about the market psychology, but everything in life: you, me, and the universe.
So after getting excited a bit too much i want to share with you my first technical anallysis on Bitcoin :
We can see that bitcoin is having it's first correction to .236, with a big red candle, with lower buys, and probably it will continue it's path until it reaches .618 fib level. Then we can continue with the parabolic growth, reaching a new maximum.
This sort of corrections can be seen on 2017, where bitcoin usually corrects to .618 , continuing it's parabolic growth.
LEt me know what you think!
XBTUSDNota
So far getting the bounce i expected, but in .786 level instead of 6.18 level. Waiting for bounce back to start short trading.Dagangan aktif
Entered in short at 35000, put your seatbelts on!Dagangan ditutup: hentian tercapai
My stop was reached, bull sentiment is still high, i am waitingfor a second opportunityNota
Looking for another trade today on short, around 32kDagangan aktif
Short opened arond 32k level, so far going good!!, targeting area ~28kDagangan ditutup: hentian tercapai
despite being 92% in profit, my TP wasn't reached and i got stopped out :(, at the moment market looks bull, another analysis to come
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.