Market

BTCUSD D1: May hit 20 000 in complex correction(SL/TP)(UPDATED) for BITSTAMP:BTCUSD by ProjectSyndicate

Why get subbed to me on Tradingview?

-TOP author on TradingView

-2000+ ideas published

-15+ years experience in markets

-Professional chart break downs

-Supply/Demand Zones

-TD9 counts / combo review

-Key S/R levels

-No junk on my charts

-Frequent updates

-Covering FX/crypto/US stocks

-before/after analysis

-24/7 uptime so constant updates

🎁Please hit the like button and

🎁Leave a comment to support our team!

Related Articles

BTCUSD D1: May hit 20 000 in complex correction(SL/TP)(UPDATED)

IMPORTANT NOTE: speculative setup. do your own

due dill. use STOP LOSS. don’t overleverage.

Tagged as SHORT because this is a speculative
BEARISH pattern .

🔸 Summary and potential trade setup

::: BTCUSD daily chart review/outlook

::: still valid as of right now

::: very slow / range locked price action

::: expecting breakdown of key S/R level

::: latest data and price action

::: GBTC fund unlock may cause high vola

::: BTC challenging 30 000 USD key S/R level

::: potential/speculative complex correction

::: if BEARS take out 30K S/R level more losses

::: HIGH VOLA warning / uncertainty this weekend

::: I recommend to stay out and look for a better

::: entry price after the GBTC unlock event

::: BULLS may start looking for BOTTOM BUY

::: near 20 000 USD / 25 000 USD s/r levels

::: recommended strategy right now

::: STAY OUT / WAIT for a better price to BUY LOW

::: recent price action suggests more losses

::: BTC failing to maintain S/R levels this is BAD

::: generally summer time is also weak seasonal period

::: for BTCUSD based on last 10 years WEAK gains (losses)

::: overbought / so expecting correction

::: good luck traders!

::: SHORT IT and get paid. period.

🔸 Supply/Demand Zones

::: N/A

::: N/A

🔸 Other noteworthy technicals/fundies

::: TD9 /Combo update: N/A

::: Sentiment mid-term: BEARS/PULLBACK/25000USD

::: Sentiment outlook short-term: BEARS

RISK DISCLAIMER:

Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.

Please consider carefully if such trading is appropriate for you.

Past performance is not indicative of future results.

Always limit your leverage and use tight stop loss.

Most Related Links :
reporterwings Governmental News Finance News

Source link

Back to top button