Bitcoin / TetherUS
Short
Aktualisiert

Expect the unexpected: My Bitcoin forecast for 2022

1 851
Good luck! Because you will need it.

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Anmerkung
Inverse H&S with an upwards neckline is not reliable. Especially with btc. For a mid-term trend shift I would expect a double bottom or triple bottom and an Inverse H&S with downwards neckline just like I drew on the chart.
Trade ist aktiv
Opened short at 44.2k with target of 37.2k and 32k.

Snapshot
Anmerkung
If you don't go against the trend you will win 4 times out of 5. Even if the trend is broken there will be a retest of the lows.
Anmerkung
Took some profits here. Expecting a pullback to around 42k Snapshot
Anmerkung
Lower time frame trading:
Short 40.1k
TP: 39k
Snapshot
Anmerkung
TP 39k Done.
Snapshot
Anmerkung
36.5k first bear TP level:
Snapshot
Trade geschlossen: Ziel wurde erreicht
Closed all shorts at my first target 37.2k. It looks like we may start flying towards 55k without getting a double bottom. If we go down I'll buy, if we go to 58k I'll short, either way we win.
Trade ist aktiv
Shorted 39k with the target of 30.5k
Snapshot
Anmerkung
Reshorting 41.3-42k area
Anmerkung
Snapshot
Anmerkung
Short squeeze to 58k while everyone is waiting for 20k.
Anmerkung
We may still get 30-32k before mooning to 50k+
Anmerkung
Approximately in 25th of March BTC bottoms out at 29-32k in my opinion. But after that for BTC to pull back to 50k+ I need to see a bullish RSI divergence and drop with low volume at 29-32k. Here is how it looks: Snapshot
Anmerkung
58k soon.

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