BTCUSD By ProjectSyndicate – Technische Analysis – 11-07-2022 16:53:28

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BTCUSD H4: Best Low High/Buy Low 20% + Earnings (SL/TP) (New)
Important note: the installation is speculative. make your own
appropriate dill. Use STOP LOSS. Don’t survive.

🔸 Summary and preparation of potential trade
::: BTCUSD H4 chart review
::: Compression in progress
::: Distribution / Limited Boarding Here
::: short term bounce (weak)
::: However HEAVY S/R is priced at $22,000/$22,200
::: No uptrend in this market/Red November 2022
::: Expect a Rupture / Rise to Sell near $22,000
::: Poor bounce is going on now
::: $22,000 Heavy / Fresh supply area
::: No Top Direction / No Valid Settings for BULLS
::: Also Stocks / Nasdaq – Weak Charts
::: Getting ready for a new wave of sales
::: BJÖRN MUST FOCUS ON SHORTING RIPS / SHORT IN THE MARKET
::: TP BEARS based on measured movement $17,000
::: BULLS should focus on buying at a low price later
::: Predict the pseudo-decomposition of the S/R key
::: Nearly $18,400 from a bear trap
::: The sequence of the lower peaks as well
::: So expect to sell RIPS / RALLIES
::: to complete the sequence
::: Nearly $17,000 later in November
::: Recommended Strategy: SHORT SELL 22 / 22300USD
::: BEARS TP1 18000 TP2 17000 USD
::: short fingers / wind resistant
::: Expect a new dump
::: Traders Good luck!
::: CARD/HOLD AND GET PAID. a period.
🔸 Supply / Demand Zones
::: do not apply
::: do not apply
Other Notable Techniques/Considerations
::: TD9 / Update Combo: N / A
::: Medium-term sentiment: BEARS / DUMP / $17,500
::: Near-Term Sentiment: BEARS / DUMP / $17,500

Risk Disclaimer:
cryptocurrency trading, Futures Forex, CFDs and stocks involve risk of loss.
Please consider carefully whether this trade is right for you.
Past results are not indicative of future results.
Always limit your leverage and use a tight stop loss.

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