BTCUSD D4: WORST CASE: 80% CORRECTION OFF HIGHS

25 gen 2022

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BTCUSD D4: WORST CASE: 80% CORRECTION OFF HIGHS
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: speculative setup. FYI ONLY.
Always do your own due dill. not financial advice.

🔸 Summary and potential trade setup
::: BTCUSD FOR day/candle chart review/outlook
::: current correction IS ALREADY 50%
::: 25 000 USD critical S/R level
::: worst case for BTCUSD is 80%
::: correction off the highs at 65 000 USD
::: previously we had 80% corrections
::: in 2018/2019 and 2014/2015
::: based on past corrections
::: WORST CASE is 12 000 USD LOW
::: for BTCUSD
::: HOWEVER we got solid S/R levels
::: so BULLS will defend 30 000 USD first
::: and then 25 000 USD
::: ONLY IF 25 000 USD fails we might get
::: an 80% correction for 440 days
::: previous 80% corrections lasted for 440 days
::: either way expecting more selling
::: short-term/mid-term
::: for now recommend to stay out
::: you can seek to BUY LOW for BOUNCE PLAY
::: near 30 000 USD
::: expecting 20-40% BOUNCE short-term soon
::: OVERVIEW OF recent correction for reference:
::: (however we are >50% correction already now)
::: January 2021 - 30% correction
::: Aug/Sept 2020 - 20% correction
::: summer 2020 - 20% correction
::: March 2020 - 60% correction
::: September 2017 - 40% correction
::: September 2017 - 40% correction
::: BUY/HOLD / do not expect miracle gains
::: expecting BOUNCE after we hit 30 000 USD
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment long-term: BULLS/100 000 USD
::: Sentiment mid-term: BOUNCE/40 000 USD MAX
::: Sentiment outlook short-term: BEARS/30 000 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.

13 ott 2022

Nota

EXCELLENT PROGRESS SO FAR. POSTED IN JANUARY 2022.
WE SOLD OFF ALMOST 50% SINCE THEN.

9 nov 2022

Nota

WE MAY EXPECT A BOUNCE NEAR 10 000 / 12 000 USD

10 nov 2022

Nota

ORIGINAL ANALYSIS WAS POSTED IN JANUARY 2022