Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
USDT.D has been bearish for the past 2 weeks. However, it is currently approaching support zone (7.9% - 8.1%)
For the bears to remain in control, we need a daily candle close below the 7.9%
In this case, further bearish movement would be expecting till the next support 7% and lower orange trendline. Thus further bullish movements would be expected for the crypto market.
Meanwhile, until the bears take over, the 7.9% is acting as support and hold the price upward.
If any bullish reversal setup is activated and/or if we break above the upper red trendline, then expect further bullish movement.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDT.D has been bearish for the past 2 weeks. However, it is currently approaching support zone (7.9% - 8.1%)
For the bears to remain in control, we need a daily candle close below the 7.9%
In this case, further bearish movement would be expecting till the next support 7% and lower orange trendline. Thus further bullish movements would be expected for the crypto market.
Meanwhile, until the bears take over, the 7.9% is acting as support and hold the price upward.
If any bullish reversal setup is activated and/or if we break above the upper red trendline, then expect further bullish movement.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
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
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.