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BTCUSD H4: BUY LOW TP 42 000 USD(NEW)(SL/TP)

Long
COINBASE:BTCUSD   Bitcoin
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BTCUSD H4: BUY LOW TP 42 000 USD(NEW)(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 30 000 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 30 000 USD
::: SL fixed at 28 000 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 42 000 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
::: 42 000 USD / 43 000 USD point D 162 ext
::: BULLS focus on buying low near 30 000 USD
::: BEARS get ready to short from 42/43K later
::: both sides use a tight stop loss
::: 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
::: 30 000 USD fresh demand zone
::: 42 000 USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: /reversal / BULLS / BOUNCE

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Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
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Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

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