Bitcoin
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Hello!! and welcome to my first technical analysis as a trader

154
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

Ghi chú
So far getting the bounce i expected, but in .786 level instead of 6.18 level. Waiting for bounce back to start short trading.
Giao dịch đang hoạt động
Entered in short at 35000, put your seatbelts on!
Đóng lệnh: dừng lỗ
My stop was reached, bull sentiment is still high, i am waitingfor a second opportunity
Ghi chú
Looking for another trade today on short, around 32k
Giao dịch đang hoạt động
Short opened arond 32k level, so far going good!!, targeting area ~28k
Đóng lệnh: dừng lỗ
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

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