Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈BTC has been overall bullish trading within the rising wedge pattern marked in red.
This week, BTC has been retesting the lower bound of the channel.
Moreover, the orange zone is a strong strong and previous all-time high.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower red trendline and previous ATH.
📚 As per my trading style:
As #BTC is around the blue circle zone, I will be looking for trend-following bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
📈BTC has been overall bullish trading within the rising wedge pattern marked in red.
This week, BTC has been retesting the lower bound of the channel.
Moreover, the orange zone is a strong strong and previous all-time high.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower red trendline and previous ATH.
📚 As per my trading style:
As #BTC is around the blue circle zone, I will be looking for trend-following bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
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
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
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.