Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
In accordance with my previous BTC analysis, BTC is currently hovering inside a massive weekly resistance zone 48k - 50k.
π The bulls will remain in control, unless the last low marked in red at 47,500 is broken downward.
π In such a scenario, the bearish correction would start leading to a movement till the lower red trendline and demand zone at 45,500.
π Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
In accordance with my previous BTC analysis, BTC is currently hovering inside a massive weekly resistance zone 48k - 50k.
π The bulls will remain in control, unless the last low marked in red at 47,500 is broken downward.
π In such a scenario, the bearish correction would start leading to a movement till the lower red trendline and demand zone at 45,500.
π 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
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT