Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #BTC. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last BTC analysis (attached on the chart), BTC rejected our Trio Retest zone and traded higher. Now What? BTC is sitting around a strong resistance / supply zone from Weekly timeframe / 31,000 - 32,000 🏹 For the bulls to remain in control , take over from a...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After breaking above 25,000 , BTC has been bullish for the past couple of weeks. However, it is currently approaching a strong rejection zone. Here is why the 30k - 32k is a strong rejection: 1- Classic Support Zone Turned Resistance from Weekly timeframe 2- Supply zone...
Short: 32000 targets: 31500-31100-30600-29900 Stop loss 32750 Green rectangle - there was a support zone - now it is a resistance zone. I expect the price to roll back ...