DONATE & Share Post Your Content On Smart Money Management

Search This Blog

Friday, August 13, 2021

BTCUSD D1: JUST BUY/HOLD: AN OVERVIEW OF RECENT CORRECTIONS

BTCUSD D1: JUST BUY/HOLD: AN OVERVIEW OF RECENT CORRECTIONS

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Why get subbed to me on Tradingview?

-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates

๐ŸŽPlease hit the like button and
๐ŸŽLeave a comment to support our team!

BTCUSD D1: JUST BUY/HOLD: AN OVERVIEW OF RECENT CORRECTIONS
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: speculative setup. use FIXED SL.


๐Ÿ”ธ Summary and potential trade setup
::: BTCUSD one day/candle chart review/outlook
::: current correction was 50%
::: WE ARE GOING UP NOW
::: correction is over
::: BULLS taking over
::: 30 000 USD WAS CYCLE LOW
::: BULLS still maintain control
::: based on past corrections
::: in 2017/2020/2021
::: THIS IS NORMAL
::: to get a 30-60% correction
::: if we get a 60% OFF HIGHS now
::: means CYCLE LOW is NEAR 25 000 USD
::: Expecting correction to complete (already)
::: near 30 000 USD JULY/AUGUST 2021
::: recommended strategy: BUY/HOLD 30K USD
::: recommended strategy: BUY/HOLD AT MARKET
::: TP1 BULLS is 150 000 USD TP2 BULLS is 300 000 USD
::: previous corrections listed below
::: January 2021 - 30% correction
::: Aug/Sept 2020 - 20% correction
::: summer 2020 - 20% correction
::: March 2020 - 60% correction
::: September 2017 - 40% correction
::: BUY/HOLD / do not expect miracle gains
::: expecting recovery after we hit 38 000 USD
::: good luck traders!
๐Ÿ”ธ Supply/Demand Zones
::: N/A
::: N/A
๐Ÿ”ธ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/150 000 USD
::: Sentiment outlook short-term: BULLS/50 000 USD

RISK DISCLAIMER:
Trading 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.



from TradingView Ideas https://ift.tt/3iI5O0H
via gqrds

No comments: