Bitcoin / Tether US

BTC - One More Checkpoint! 🎯

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Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

As per my last analysis, we know that BTC has been struggling inside a small range between the 21,000 demand zone and upper orange trendline.

The bulls took over short-term by breaking above the orange high. But that's just a signal that a short-term correction started.

🏹 For the bulls to take over again medium-term, we need a break above the upper orange trendline and red zone 22,700

Meanwhile, until the bulls take over, BTC can still trade lower inside the green demand zone or even break it downward.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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