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BTCUSD D2: BEARS target 16 000 USD THE BEST Level to SHORT (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup ::: BTCUSD D2 chart review ::: compression in progress ::: potential BEARISH setup in progress ::: limited upside into FED ::: rejected from key S/R at 20 000 USD ::: no upside in this market / FED will RAISE RATE ::: limited upside going forward ::: distribution inside range ::: expecting breakdown after FED ::: EXPECT DUMP in CRYPTO ::: Also STOCKS/NASDAQ - weak charts ::: BEARISH CHART limited upside ::: BEARS should focus on SHORTING RIPS / SHORT HIGH ::: TP BEARS based on measured move 15 000 USD ::: no valid strategy for BULLS in this market ::: CRYPTO winter in progress / more losses ::: heavy x4 rejection from overhead ::: weak structure / BEARS taking over ::: however market structure is WEAK ::: so expect RIPS/RALLIES to get sold ::: to complete the sequence ::: near 15 000 USD ::: recommended strategy: SHORT RIPS/RALLIES ::: BEARS TP1 16 000 USD TP2 15 000 USD ::: BEARS SHORT/HOLD at market ::: expecting short-term DUMP ::: good luck traders! ::: SHORT/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BEARS/DUMP/15 000 USD ::: Sentiment short-term: MIXED/RANGE
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.