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BTCUSD H4: BOUNCE // TP BULLS 11 000 USD (SL/TP)(NEW)

Long
COINBASE:BTCUSD   Bitcoin
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BTCUSD H4: BOUNCE // TP BULLS 11 000 USD (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: BTCUSD H4 chart review/outlook
::: SHORT-TERM ONLY
::: compressing into falling wedge on H4
::: bullish setup may provide short-term
::: relief for bulls and a DECENT BOUNCE
::: TP bulls on the bounce: 10 800 - 11 000 USD
::: BUY/HOLD exit near 10 800 / 11 000 USD
::: target based on measured move projection
::: this is still a somewhat risky trade
::: because it's counter-trend (DOWNTREND)
::: BUT worth a shot - just use SL below recent lows
::: recommended strategy: MARKET BUY / BUY SHALLOW DIPS
::: TP BULLS is 10 800 / 11 000 USD on the BOUNCE
::: good luck traders!
::: and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS/BOUNCE/11000 USD
::: Sentiment outlook short-term: BULLS

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