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BTCUSD D2: JUST BUY/HOLD: 3 SCENARIOS FOR CORRECTION (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 2 dayS/candle chart review/outlook
::: current correction is 50% already
::: which is already pretty EXTREME
::: correction in progress not over yet
::: overview of primary scenarios for the
::: correction expect 55%/62%/75% correction
::: 20 000 USD is an extreme outlook for BTCUSD
::: not highly likely / although keep an open mind
::: 25 000 USD likely cycle low for BTCUSD
::: BULLS still maintain control HIGH TIMEFRAME
::: based on past corrections
::: in 2014/2017/2020/2021
::: THIS IS NORMAL
::: to get a 30-60% correction
::: if we get a 62% OFF HIGHS now
::: means CYCLE LOW is NEAR 25 000 USD
::: Expecting correction to complete FEB/MARCH 2022
::: near 25 000 USD March 2022
::: recommended strategy: BUY/HOLD 25K USD
::: recommended strategy: BUY/HOLD AT after correction
::: TP1 BULLS is 50 000 USD TP2 BULLS is 75 000 USD
::: My end of year 2022 target is 100 000 USD
::: here's a list of recent correcions BTCUSD
::: Spring /Summer 2021 - 50% correction
::: 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!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/150 000 USD
::: Sentiment outlook short-term: BEARS/35 000 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.