BTCUSD D1: TP BULLS 27 000 / 30 000 USD BUY DIPS(NEW)

15 févr. 2023

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BTCUSD D1: TP BULLS 27 000 / 30 000 USD BUY DIPS(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: BTCUSD D1 chart review
::: strong performance in January
::: 50% OFF the recent cycle lows
::: currently weak pullback / conso
::: expecting short-term weakness
::: however BULLS focus on buying dips
::: based on ABC swing extensions
::: two primary targets BULLS
::: TP1 BULLS is 27 000 USD
::: TP2 BULLS is 30 000 USD
::: scoop up any dips /pullbacks next
::: 1-2 weeks expect bull run
::: to resume in March 2023
::: 50% gains possible so still strong chart
::: not a valid setup for BEARS to SHORT BTC
::: also based on previous cycles expecting
::: more gains after consolidation is complete
::: so it's possible that there is still strong upside
::: in BTCUSD price until we can get a decent
::: pullback/correction
::: FYI only not trading advice
::: as always do your own due dill
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/PUMP/30 000 USD
::: Sentiment short-term: BEARS/weak pullback

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.

15 févr. 2023

Note

1-2 weeks of conso mode before breakout of recent highs