Bitcoin
Short

BTCUSD D1: Distribution // BUY LOW and SELL HIGH (SL/TP)(NEW)

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BTCUSD D1: Distribution // BUY LOW and SELL HIGH (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: BTCUSD Daily chart review/outlook
::: stuck in range for now
::: previously coming from strong accumulation
::: however currently distribution in progress
::: range defined by 10 000 - 11 000
::: compression of trading ranges now
::: BUY LOW near 9600 USD
::: SELL HIGH near 11300 USD
::: direction is not set yet so focus
::: on trading RANGE for now
::: recommended strategy: BUY LOW//SELL HIGH
::: fixed stop loss 300 USD
::: good luck traders!
::: and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: RANGE/MIXED
::: Sentiment outlook short-term: RANGE/MIXED

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