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BTCUSD H4: 35% GAINS BEST LEVEL TO BUY/HOLD TP 55 000 USD (NEW)

Long
BITSTAMP:BTCUSD   Bitcoin
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BTCUSD H4: 35% GAINS BEST LEVEL TO BUY/HOLD TP 55 000 USD (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
::: chart looks good /strong
::: strong S/R below near 38K and 41K
::: buying low after pullback is the best option
::: overhead resistances: 51 000 USD and 56 000 USD
::: BULLS buy low from 41 000 USD TP1 51K TP2 56K
::: SEQUENCE OF HIGHER LOWS / STRONG CHART
::: expecting mild losses until end of this week
::: BULLS get ready to buy later next week
::: weekend mostly trading sideways
::: seasonality: BUY/HOLD Mon-Wednesday
::: based on 5 weeks of data (recent data)
::: BULLS STRATEGY below
::: recommended strategy: BUY/HOLD near 41 000
::: TP BULLS TP1 51 000 USD TP2 56 000 USD
::: overall strong market / more gains likely
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/55 000 usd
::: Sentiment short-term: BEARS/PULLBACK

RISK DISCLAIMER:
Trading Crypto, Futures , 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.
Comment:
BUY ORDER AT 41 000 USD. STOP LOSS AT 39 000 USD.
IF WE BREAK BELOW 39 000 USD IT'S BAD NEWS.

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