Greetings, TradingView Family, this is Richard, also known as theSignalyst.
๐ I am thrilled to share some exciting news with all of you. This Sunday (9th July), I will be tying the knot and embarking on a beautiful journey of marriage.
As a result, this will be my last post for the next two weeks as I will be away for my honeymoon.
Therefore, I aim to make this post incredibly detailed, covering various potential scenarios for the near future.
๐ Let's begin with a long-term perspective:
BTC currently finds itself within a strong rejection zone characterized by the following factors:
1. Round number at 30,000
2. Classic weekly support zone, which has now transformed into a resistance 30,000 to 32,000
3. Supply zone
๐น From a macro standpoint, for the bulls to regain control, a weekly break above 32,000 in green is crucial.
๐ However, the bears still retain the potential to initiate one more bearish correction before the bullish momentum resumes.
๐ To trigger a bearish correction, a breakdown below the red support level at 29,500 is necessary.
If this occurs, we can anticipate a movement towards the blue support at 27,500, where we will actively seek out new trend-following bullish setups.
๐ Until either the bulls or bears seize control, we will be trading within a short-term range bounded by 29,500 and 32,000.
Now, I would love to hear your insights on which scenario seems more likely to unfold and the reasoning behind your perspective.
๐ 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
๐ I am thrilled to share some exciting news with all of you. This Sunday (9th July), I will be tying the knot and embarking on a beautiful journey of marriage.
As a result, this will be my last post for the next two weeks as I will be away for my honeymoon.
Therefore, I aim to make this post incredibly detailed, covering various potential scenarios for the near future.
๐ Let's begin with a long-term perspective:
BTC currently finds itself within a strong rejection zone characterized by the following factors:
1. Round number at 30,000
2. Classic weekly support zone, which has now transformed into a resistance 30,000 to 32,000
3. Supply zone
๐น From a macro standpoint, for the bulls to regain control, a weekly break above 32,000 in green is crucial.
๐ However, the bears still retain the potential to initiate one more bearish correction before the bullish momentum resumes.
๐ To trigger a bearish correction, a breakdown below the red support level at 29,500 is necessary.
If this occurs, we can anticipate a movement towards the blue support at 27,500, where we will actively seek out new trend-following bullish setups.
๐ Until either the bulls or bears seize control, we will be trading within a short-term range bounded by 29,500 and 32,000.
Now, I would love to hear your insights on which scenario seems more likely to unfold and the reasoning behind your perspective.
๐ 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
๐I 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
๋ฉด์ฑ ์ฌํญ
ํด๋น ์ ๋ณด์ ๊ฒ์๋ฌผ์ ๊ธ์ต, ํฌ์, ํธ๋ ์ด๋ฉ ๋๋ ๊ธฐํ ์ ํ์ ์กฐ์ธ์ด๋ ๊ถ์ฅ ์ฌํญ์ผ๋ก ๊ฐ์ฃผ๋์ง ์์ผ๋ฉฐ, ํธ๋ ์ด๋ฉ๋ทฐ์์ ์ ๊ณตํ๊ฑฐ๋ ๋ณด์ฆํ๋ ๊ฒ์ด ์๋๋๋ค. ์์ธํ ๋ด์ฉ์ ์ด์ฉ ์ฝ๊ด์ ์ฐธ์กฐํ์ธ์.
๐I 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
๋ฉด์ฑ ์ฌํญ
ํด๋น ์ ๋ณด์ ๊ฒ์๋ฌผ์ ๊ธ์ต, ํฌ์, ํธ๋ ์ด๋ฉ ๋๋ ๊ธฐํ ์ ํ์ ์กฐ์ธ์ด๋ ๊ถ์ฅ ์ฌํญ์ผ๋ก ๊ฐ์ฃผ๋์ง ์์ผ๋ฉฐ, ํธ๋ ์ด๋ฉ๋ทฐ์์ ์ ๊ณตํ๊ฑฐ๋ ๋ณด์ฆํ๋ ๊ฒ์ด ์๋๋๋ค. ์์ธํ ๋ด์ฉ์ ์ด์ฉ ์ฝ๊ด์ ์ฐธ์กฐํ์ธ์.