BTCUSD H1: STUCK IN RANGE BUY LOW / SELL HIGH (SL/TP)(NEW)

17 de mar. de 2022

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BTCUSD H1: STUCK IN RANGE BUY LOW / SELL HIGH (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: BTCUSD H1 chart review
::: we are currently stuck in well defined range
::: resistances: 43 500 USD / 45 000 USD
::: supports: 36 200 USD / 35 400 USD
::: trading near range highs currently
::: expect short-term gains pullback
::: not a great spot to put on any trades
::: BULLS get ready to buy low later
::: after the pullback is over
::: BULLS should seek to BUY LOW near support levels
::: TP BULLS is 43 600 USD re-test of recent highs
::: to complete the sequence
::: near 44 000 USD
::: recommended strategy: BUY LOW / SELL HIGH
::: BEARS SHORT/HOLD from 43 600 / 45 000 USD
::: expecting short-term RANGE so NEUTRAL OUTLOOK
::: 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: RANGE
::: Sentiment short-term: RANGE

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