BTCUSD H2: PT 54000/56000 USD NEW Breakout(SL/TP)(NEW)

Feb 15, 2021

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BTCUSD H2: PT 54000/56000 USD NEW Breakout(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: speculative setup. use FIXED SL.

🔸 Summary and potential trade setup
::: BTCUSD 2hour/candle chart review/outlook
::: BULLS still maintain control
::: noteworthy compression in progress
::: sequence of higher highs
::: also US indices in good shape
::: likely limited downside from here
::: BREAKOUT possible
::: overall chart looks good
::: TP Bulls is 54 000 / 56 000 USD
::: bulls will defend sequence of higher lows
::: recommended strategy: MARKET BUY NOW
::: use a tight stop ALWAYS
::: we are setting up for a nice move
::: recommended strategy: BUY IT NOW
::: TP BULLS is 54 000 USD / 56 000 USD
::: SWING trade setup / no fast gains here
::: BUY/HOLD / do not expect miracle gains
::: SL is dashed red line on chart
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/56000 USD
::: Sentiment outlook short-term: BULLS/56000 USD

Feb 17, 2021

Note

BOOM! strong gains already.