Greetings, TradingView Family! This is Richard, also known as theSignalyst.
As per my last BTC analysis, we know that the bulls took over by breaking above the 26,500 high.
📈For now, the bulls remain in control and we are expecting a movement till the 29,000 supply zone in orange.
📉Unless the bears manage to take over by breaking below the 27,800 support in red. In this case a movement till the 27,000 demand zone in blue would be expected.
Which scenario do you think is more likely to happen? and why?
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
As per my last BTC analysis, we know that the bulls took over by breaking above the 26,500 high.
📈For now, the bulls remain in control and we are expecting a movement till the 29,000 supply zone in orange.
📉Unless the bears manage to take over by breaking below the 27,800 support in red. In this case a movement till the 27,000 demand zone in blue would be expected.
Which scenario do you think is more likely to happen? and why?
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal