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BTCUSD H4: BUY LOW TP 40 000 USD(SWING)(SL/TP) for COINBASE:BTCUSD by ProjectSyndicate

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BTCUSD H4: BUY LOW TP 40 000 USD(SWING)(SL/TP)

IMPORTANT NOTE: speculative setup. do your own

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

READ entire idea before executing any trades.

tagged as LONG because I expect reversal

from 27000 USD / range lows of the channel.

🔸 Summary and potential trade setup

::: BTCUSD 4hour chart review/outlook

::: updated outlook still valid today

::: recommend to BUY LOW

::: best reload BULLS near 27 000 USD

::: SL fixed at 25 000 USD

::: stuck in range – within channel structure

::: buying low with a tight stop makes sense

::: bounce required however most likely

::: selling will resume after we hit 40 000 USD

::: speculative setup do your own due dill

::: use a tight stop loss do not overleverage

::: final TP bulls will be point D 162 extension

::: 40 000 USD / 42 000 USD point D 162 ext

::: BULLS focus on buying low near 30 000 USD

::: overall, fits into the bigger picture

::: that I’ve posted recently (5 waves DOWN)

::: good luck traders!

::: BUY LOW / SELL HIGH and get PAID!

🔸 Supply/Demand Zones

::: 27 000 USD fresh demand zone

::: 36 000 USD fresh supply zone

🔸 Other noteworthy technicals/fundies

::: TD9 /Combo update: N/A

::: Sentiment mid-term: BULLS

::: Sentiment outlook short-term: /reversal / BULLS / BOUNCE

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.

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