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BTCUSD H8: 70% GAINS BEST LEVEL TO BUY/HOLD (SL/TP)(NEW)

Largo
COINBASE:BTCUSD   Bitcoin
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BTCUSD H8: 70% GAINS BEST LEVEL TO BUY/HOLD (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 8hour/candle chart review/outlook
::: BULLS still maintain control
::: setup invalidated ONLY if H1 closes <38000 USD
::: curved channel contains price action
::: similar setup can be observed in ETHUSD
::: BEST RELOAD bulls is near 39 000 USD
::: final TP is +70% gains near 60 000 / 62 000 USD
::: consolidation before pump
::: overall chart looks good
::: 40 000 USD mid-term BOTTOM
::: bulls will defend this level
::: minor pullback required now before bull run can resume
::: BULLS should get ready to buy dips
::: we are setting up for a nice move
::: recommended strategy: BUY DIPS near 40K
::: TP BULLS is 60 000 USD / 62 000 USD
::: SWING trade setup / no fast gains here
::: BUY/HOLD / do not expect miracle gains
::: SL is 38 000 USD max
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/70% gains
::: Sentiment outlook short-term: BEARS/PULLBACK

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