BTCUSD H4: 46 000 USD SHORT IT +15% GAINS(SL/TP)(NEW)

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

🎁Please hit the like button and
🎁Leave a comment to support our team!

BTCUSD H4: 46 000 USD SHORT IT +15% GAINS(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect limited upside.

🔸 Summary and potential trade setup
::: BTCUSD H4 chart review
::: previously recommended buying DIPS
::: trade setup produced strong gains
::: right now risk/reward shifting BEARS favor
::: into FED expect selling / RISK OFF MODE
::: BEARS should focus on SHORTING HIGH
::: resistances: 45 000 USD / 46 500 USD
::: supports: 33 600 USD / 35 400 USD
::: trading near range HIGHS currently
::: expect short-term REVERSALD into FED on 15/16 March
::: BULLS should STAY OUT / not a bullish SERTUP
::: BEARS SHORT HIGH 46 000 USD TP is 37 000 / 38 000 USD
::: to complete the sequence
::: near 38 000 USD
::: recommended strategy: BUY LOW / SELL HIGH
::: INTO FED / March 15/16 look to SHORT HIGH
::: BEARS SHORT/HOLD from 46 000 USD
::: expecting short-term LOSSES FROM 46 000 USD
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: RANGE
::: Sentiment short-term: RANGE

RISK DISCLAIMER:
Trading Crypto, 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.