TRXBTC H4 SELL setup on Bearish Bat + Supply & Demand Analysis
Bearish Bat + Supply Zone + Opposite Bullish Bat retracement level for a potential sell.
Price reacted from our Daily Bullish Bat pattern and strong Demand Zone to signal uptrend is potentially underway. For more aggressive traders, consider going down to smaller timeframe and buy on demand zone towards our sell area before reversing your trade position.
Conservative traders can be patient and wait for the setup to play out.
Entry: 613-627
SL: 642
TP: 577
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Price reacted from our Daily Bullish Bat pattern and strong Demand Zone to signal uptrend is potentially underway. For more aggressive traders, consider going down to smaller timeframe and buy on demand zone towards our sell area before reversing your trade position.
Conservative traders can be patient and wait for the setup to play out.
Entry: 613-627
SL: 642
TP: 577
Do like, share and follow us for more analysis like this regularly.
Big picture view on Daily Time Frame