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BTCUSD H16: BEAR FLAG TP 30 000 USD SHORT IT (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don’t overleverage.

🔸 Summary and potential trade setup
::: BTCUSD H16 chart review
::: BEAR FLAG in progress / already broke down
::: nasty looking chart – no upside
::: confirmed by BTC .D chart – no upside as well
::: Short Sell in May and go away
::: BULLS losing control / expect new fresh LOW soon
::: BEARS should focus on SHORTING RIPS / MARKET SELL
::: TP BEARS based on conservative strat: 30/32K USD
::: expecting fresh selling in May 2022
::: not a bullish setup / BULLS should stay out
::: prior strong downtrend so more losses obviously
::: weak structure / BEARS taking over NOW
::: there might be a WEAK bounce on the DUMP
::: so expect RIPS/RALLIES to get sold
::: if we get the BOUNCE then RESHORT IT
::: exit/TP near 30 000 USD
::: recommended strategy: SHORT AT MARKET
::: BEARS TP1 32 000 USD TP2 30 000 USD
::: BEARS SHORT/HOLD at market
::: expecting 2-4 weeks of losses
::: good luck traders!
::: SHORT/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/DUMP/30 000 USD
::: Sentiment short-term: BAERS/DUMP

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