IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect short-term
losses in this market.
WARNING. Higher risk setup. use low leverage.
use fixed stop loss. not financial advice.
🔸 Summary and potential trade setup
::: BATUSDT 4hour chart review/outlook
::: complex a/b/c/d/e/f correction
::: still not over yet
::: PT is 30 cents point f
::: SHORT AT point e from overhead
::: please use a tight stop loss on this trade
::: final TP BEARS is +40% gains
::: be careful don't get caught in pullback
::: alternatively you can SHORT IT near point e
::: short-term pullback required
::: short-term / more downside
::: recommended strategy: SHORT IT 55c tp 30c
::: overbought / so expecting pullback
::: good luck traders!
::: SHORT IT and get paid. period.
🔸 Supply/Demand Zones
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: BEARS
Trading Crypto, , 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.