Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, we were waiting for the bulls to take over by breaking above the blue highs or the correction to start by breaking below the gray zone.
Since we now have the break below the last H4 low in gray, the correction started.
🏹 In this case, as mentioned, we will be waiting for BTC to approach the green demand zone to look for new buy setups.
Unless, the bulls regain control aggressively by breaking back above 25,000
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
As per my last analysis, we were waiting for the bulls to take over by breaking above the blue highs or the correction to start by breaking below the gray zone.
Since we now have the break below the last H4 low in gray, the correction started.
🏹 In this case, as mentioned, we will be waiting for BTC to approach the green demand zone to look for new buy setups.
Unless, the bulls regain control aggressively by breaking back above 25,000
📚 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
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT