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XBTUSD H4: ABCD bears, expectng weakness 8400/8800 USD(NEW)

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BITMEX:XBTUSD.P   Bitcoin
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XBTUSD H4: ABCD bears, expectng weakness 8400/8800 USD(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: XBTUSD 4hour chart review
::: heavy resistances overhead
::: upside limited short-term
::: expecting 10% mark down to price
::: recommended strategy: short RIPS/RALLIES
::: ABCD BEARS setup on 4 hour chart
::: TP1 bears 8800 USD
::: TP2 bears 8400 USD
::: good luck traders
🔸 Supply/Demand Zones
::: fresh demand 8400/8800 USD
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook short-term: BEARISH

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