BTC (Y19.P2.E27).Realm of possibilities

2019年12月29日

Suspense and excitement is what it is.
Coming to the end of Y19 and we have such a scenario that BTC can go any direction.

If we fall short to create the inv. H&S, we have the possibilities to go very bearish. If we make it above a critical line, we have the other.
I do believe though the longer is goes sideways, say another 2 weeks and it stays above 7K, the more likely the bottom is in.

I don't have a preference and why should I, its really 50/50 risk?

In the background, I'm constantly reviewing the scenarios to know when to go long.
a)

b)

c)

d)

2019年12月30日

註釋

My strategy in the shorts
Price movement is confined in a channel (black boarders).
If the price drops out of this, then the red zone is the sell\stop limit area
But for now, the 200 MA is the support in the 4 HRLY

2020年1月6日

註釋

Updated possibility

2020年2月3日

交易結束：目標達成

target reached