Hello TradingView Family / Fellow Traders!
This is Richard, also known as theSignalyst.
📉 BTC has been overall bearish, trading within the falling channel marked in red.
But the big question is — where could the potential bottom be?
👉 I’m watching the $70,000 zone!
Here’s why:
The $70,000 area is a key confluence zone — it aligns with the lower red trendline, horizontal support, a psychological round number, and a potential demand zone.
📚 According to my trading style:
As #BTC approaches the blue circle zone, I’ll be looking for bullish reversal setups — such as a double bottom pattern, trendline break, and more.
📚 Reminder:
Always stick to your trading plan — entry, risk management, and trade management are key.
Good luck, and happy trading!
All Strategies Are Good, If Managed Properly!
~Rich
This is Richard, also known as theSignalyst.
📉 BTC has been overall bearish, trading within the falling channel marked in red.
But the big question is — where could the potential bottom be?
👉 I’m watching the $70,000 zone!
Here’s why:
The $70,000 area is a key confluence zone — it aligns with the lower red trendline, horizontal support, a psychological round number, and a potential demand zone.
📚 According to my trading style:
As #BTC approaches the blue circle zone, I’ll be looking for bullish reversal setups — such as a double bottom pattern, trendline break, and more.
📚 Reminder:
Always stick to your trading plan — entry, risk management, and trade management are key.
Good luck, and happy trading!
All Strategies Are Good, If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.