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ProjectSyndicate
Jun 25, 2020 11:39 AM

BTCUSD 8hours: BUY LOW for 20% gains (mid-term)(NEW) Short

Bitcoin / United States DollarCoinbase

Description

Why get subbed to to me on Tradingview?

-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
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BTCUSD 8hours: BUY LOW for 20% gains (mid-term)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
TAGGED as SHORT because I expect more downside
short-term before reversal (bulls).

🔸 Summary and potential trade setup
::: BTCUSD 8hour chart review
::: still range-locked
::: upside limited short-term
::: Bulls died at 10 000 USD
::: HOWEVER still fresh liquidity
::: near 8400 USD is enough for BULLISH
::: reaction mid-temr
::: recommended strategy: BUY LOW near 8400 USD
::: SL near 8 000 USD
::: TP1 bulls is 10 000 USD TP2 bulls is 10 600 USD
::: 20%/25% gains on BUY side
::: let's focus on short-term only for now
::: big picture still not clear
::: good luck traders
🔸 Supply/Demand Zones
::: fresh demand 8400/8800 USD
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLISH
Comments
HDFX-Trading
Very nice and professional analysis good job bro
bloodgood
I don't think we will reach 8200. Not now ad least.

ProjectSyndicate
@bloodgood, thank you for sharing.
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