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BTCUSD H16: Bullish C*H TP BULLS 12 500 USD (SL/TP)(NEW)

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COINBASE:BTCUSD   Bitcoin
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BTCUSD H16: Bullish C*H TP BULLS 12 500 USD (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: BTCUSD 16 hour chart review / outlook
::: bitcoin printing a bullish pattern now
::: Bullish Cup and Handle setup in progress
::: short-term target is 10 200 / 10 300 USD
::: expecting a pullback after we hit resistance
::: key resistance: 10 200 / 10 300 USD
::: key support level: 9500 / 9600 USD
::: recommended strategy low risk
::: BUY DIPS near 9500 / 9600 USD
::: SL 10100 USD TP 9000 USD
::: recommended strategy higher risk
::: SHORT IT 10 200 / 10 300 TP 9600 USD
::: STOP LOSS both trades is 300 USD
::: good luck traders
🔸 Supply/Demand Zones
::: fresh supply near 10 200 / 10 300 USD
::: fresh demand: 8800 USD // 8400 USD
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: PULLBACK/BULLS
::: Sentiment outlook short-term: BULLS

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