I took a Bitcoin Buy scalp, after catching yesterday's Top 🎯 (called in advanced on my previous post).
I haven't had time to re-analyze since price began rapidly dropping yesterday, so I've just Closed and took Profit on this Long-scalp for now.
I'd like to focus my attention today on putting together an educational post, on how I accurately predicted yesterday's Bitcoin Top, in advance.
I did post a rough draft of Bitcoin's possible pullback range yesterday, in a haste while price was rapidly dropping. (Below)
I had put a smaller than usual drop-target-range box (without having the time to analyze first), and price did break slightly through that range (not enough that a reasonable stop-loss for that range should be hit).
I didn't provide any actual numerical target in writing, as I often do, and that rough sketch wasn't meant for literal analyzed targets. (Although in the future, I'll try not to draw any range-boxes until I analyze first.)
I did NOT in fact, use that range as my Buy in for this retrace (as seen in the chart above), as I often advise, I don't carelessly place orders against a rapidly accelerating price move.
If I do place sitting orders, it would usually be some distance away from the accelerating price move, until it slows down.
My average buy entry price was at the very bottom of that quickly drafted lower box: 23650
