BCHUSD H1: Distribution / weak chart / SHORT IT. (SL/TP)(NEW)

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BCHUSD H1: Distribution / weak chart / 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
::: BCHUSD H1 chart review
::: short-term update only
::: weak chart market not ready for upside
::: distribution in progress
::: SHORT IT near range highs
::: TP bears is 200/202 USD
::: overall bearish outlook for the week
::: no upside beyond 222//224 USD
::: BTC drifting lower on auto-pilot
::: will pull entire crypto space lower
::: recommended strategy: SHORT IT 222/224
::: TP 200/202 SL 228
::: good luck traders
🔸 Supply/Demand Zones
::: fresh supply zone 222/2224 USD
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: MIXED