Greetings, TradingView Family! This is Richard, also known as theSignalyst.
🏹 From a macro perspective, as per my analysis from yesterday, it's evident that BTC is approaching a significant weekly support zone:
Additionally, as I mentioned last week, BTC appears to be nearing the end of its correction phase:
đź“Ś To signal a bullish momentum shift in the short-term, we should look for a decisive break above the last minor high marked in orange, which is approximately around 26,330.
Furthermore, to establish medium-term bullish control, it's crucial for BTC to surpass the 26,800 level.
📉 Meanwhile, BTC would be overall bearish and can still trade lower to test the 25,000 support, especially if the last orange range is broken downward.
đź“š Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
🏹 From a macro perspective, as per my analysis from yesterday, it's evident that BTC is approaching a significant weekly support zone:
Additionally, as I mentioned last week, BTC appears to be nearing the end of its correction phase:
đź“Ś To signal a bullish momentum shift in the short-term, we should look for a decisive break above the last minor high marked in orange, which is approximately around 26,330.
Furthermore, to establish medium-term bullish control, it's crucial for BTC to surpass the 26,800 level.
📉 Meanwhile, BTC would be overall bearish and can still trade lower to test the 25,000 support, especially if the last orange range is broken downward.
đź“š Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
đź“ŠI help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
đź“ŠI help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.