TheSignalyst

Bitcoin in 1 Minute - Day 21

BITSTAMP:BTCUSD   Bitcoin
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

Quick Brief:
BTC is still stuck inside the red range and we are expecting a couple of days more inside it until we eventually break the range upward or downward.

Meanwhile, we will be trading the range, and we can clearly see that the range is getting contracted forming a symmetrical triangle which usually happens before an aggressive breakout happens.

But of course, a breakout of the symmetrical triangle would be an early alert and might result in a fakeout, the real breakout would be above or below the red horizontal range.

21 out of 500 days done.

I truly appreciate your continuous support everyone!

Let me know if you like the series, and if you would like me to change or add anything.

Always follow your trading plan regarding entry, risk management, and trade management.

Good Luck!.

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
www.RichTL.com

My Telegram Channel
www.t.me/thesignalyst

Buy CRGPT on Uniswap
cutt.ly/CRGPT
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.