BTCUSD H2: May hit 45 000 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 . correction NOT OVER yet!
🔸 Summary and potential trade setup
::: BTCUSD 2hour chart review/outlook
::: BTCUSD getting overextended now
::: nice progress so far exactly same
::: as january 2021 fractal
::: CORRECTION NOT OVER YET!
::: focus on buying low later
::: first week of march near 45 000 USD
::: final TP bulls will be 65-75 000 USD
::: expect target to get hit in April 2021
::: ETHUSD met heavy resistance at 2 000 USD
::: potential/speculative complex correction
::: similar to the January 2021 correction
::: a/b/c/d/f/e/f/g/h/i corrective structure
::: BULLS may buy low later for now stay out
::: higher risk setup BEARS: short near 59 000 USD
::: BEARS get ready to SHORT HIGH
::: after the bounce is completed near 59 000 USD
::: SL: recent highs
::: lower risk strat: wait for re-test of 46 000 USD
::: and then BUY LOW this may take a while
::: for price to hit near 46 000 USD (2-3 weeks)
::: keep in mind that Feb/March is WEAK period
::: for BTCUSD based on last 10 years WEAK gains (losses)
::: it's anniversary of a 50%+ DUMP SOON as WELL (2020)
::: also ETHUSD sold off 50%+ 15th FEB - 15th MAR 2020
::: so recommend to be extra careful next few
::: weeks as price is very unstable near ATH
::: 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/46000USD
::: 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.
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 . correction NOT OVER yet!
🔸 Summary and potential trade setup
::: BTCUSD 2hour chart review/outlook
::: BTCUSD getting overextended now
::: nice progress so far exactly same
::: as january 2021 fractal
::: CORRECTION NOT OVER YET!
::: focus on buying low later
::: first week of march near 45 000 USD
::: final TP bulls will be 65-75 000 USD
::: expect target to get hit in April 2021
::: ETHUSD met heavy resistance at 2 000 USD
::: potential/speculative complex correction
::: similar to the January 2021 correction
::: a/b/c/d/f/e/f/g/h/i corrective structure
::: BULLS may buy low later for now stay out
::: higher risk setup BEARS: short near 59 000 USD
::: BEARS get ready to SHORT HIGH
::: after the bounce is completed near 59 000 USD
::: SL: recent highs
::: lower risk strat: wait for re-test of 46 000 USD
::: and then BUY LOW this may take a while
::: for price to hit near 46 000 USD (2-3 weeks)
::: keep in mind that Feb/March is WEAK period
::: for BTCUSD based on last 10 years WEAK gains (losses)
::: it's anniversary of a 50%+ DUMP SOON as WELL (2020)
::: also ETHUSD sold off 50%+ 15th FEB - 15th MAR 2020
::: so recommend to be extra careful next few
::: weeks as price is very unstable near ATH
::: 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/46000USD
::: 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.
Note
BREAK BELOW 45 000 USD INVALIDATES SETUP
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đź’ŽSyndicate Black
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đź’ŽGOLD EA target 100%+ gains/week
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t.me/syndicategold001
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
taplink.cc/black001
đź’ŽSyndicate Black
⚡️Gold/Forex auto-trading bot
đź“•MyFXBOOK verified 500%+ gains
đź’ŽGOLD EA target 100%+ gains/week
🚀supercharge your trading
đź’Ž75% win rate free gold signals
t.me/syndicategold001
đź’ŽSyndicate Black
⚡️Gold/Forex auto-trading bot
đź“•MyFXBOOK verified 500%+ gains
đź’ŽGOLD EA target 100%+ gains/week
🚀supercharge your trading
đź’Ž75% win rate free gold signals
t.me/syndicategold001
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.