-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 -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates
BTCUSD D1: Heavy BEAR liquidity at 12 000 USD(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as LONG because I expect more short-term gains before reversal from overhead (BEARS).
🔸 Summary and potential trade setup ::: BTCUSD daily chart review / outlook ::: great gains so far recently ::: broke 10 000 heavy resistance ::: so overall future looks pretty good ::: HOWEVER some hurdles still remains overhead ::: key resistance: 12 000 USD / 12 600 USD ::: key support level: 9500 / 10 000 USD ::: recommended strategy now ::: SHORT from overhead resistance 12 000 USD ::: SL 12 300 USD TP1 10 200 USD TP2 9500 USD ::: bulls will likely run out of steam soon ::: also global stocks setting up for correction ::: DAX/US30/QQQ ::: Finally August seasonality - BAD for BITCOIN ::: good luck traders 🔸 Supply/Demand Zones ::: fresh supply near 12 000 USD ::: fresh demand: 10 000 USD 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment mid-term: PULLBACK/BEARS ::: Sentiment outlook short-term: BULLS