My 1st Crypto post – Here is why I will sell Bitcoin at 40,000
The overall market sentiment has been very bearish for various reasons that I have highlighted in the DJIA market crash prediction below.
BTC is also vulnerable to the bearish market and I see a great opportunity to sell this pair at the psychological number of 40 ,000.
The pair is in a downtrend both on D1 and H4. The pattern will form within the H4 MA and I will wait for signs of weakness to pull the trigger.
This will be my first trade of BTC as I usually trade Forex. I believe technical trading works on every platform so looking forward to make some money off BTC .
If you have been following my ideas since 19th of April, you would have seen your account grow by 3.34% within risking no more than 1% per trade. Here are some forex statistics for review. All these ideas have been posted in my profile.
Return rate
1.47
Win rate
83%
Generated at : 28/04/22 02:42:25
Start date : 18/04/22 17:00
End date : 28/04/22 16:59
Market Direction P/L
EUR/USD Mini SELL -41.18
EUR/USD Mini SELL 0
USD/JPY Mini BUY 0.53
USD/JPY Mini BUY 0
USD/CAD Mini BUY 75.9
USD/CAD Mini BUY 0
EUR/USD Mini SELL 0
EUR/USD Mini SELL 47.28
CAD/CHF Mini SELL 0
CAD/CHF Mini SELL 3.42
AUD/CHF Mini SELL 0
AUD/CHF Mini SELL 25.5
CAD/CHF Mini SELL 0
CAD/CHF Mini SELL 29.45
AUD/JPY Mini BUY 0
AUD/JPY Mini BUY -53.46
EUR/CHF Mini SELL 32.31
EUR/CHF Mini SELL 0
USD/CAD Mini SELL 0
EUR/CHF Mini SELL 39.76
USD/CAD Mini SELL -20.51
USD/CAD Mini SELL -6.35
NZD/CHF Mini SELL 19.06
NZD/CHF Mini SELL 0
EUR/CAD Mini BUY 0
NZD/CHF Mini SELL 21.16
EUR/CAD Mini BUY 0.38
EUR/CAD Mini BUY 28.95
EUR/GBP Mini SELL 21.05
EUR/GBP Mini SELL 0
AUD/NZD Mini SELL 0
AUD/NZD Mini SELL 0.18
EUR/GBP Mini SELL 50.73
AUD/CAD Mini SELL 20.82
AUD/NZD Mini SELL 19.1
AUD/CAD Mini SELL 0
AUD/CAD Mini SELL 21.12

