Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 BTC has been overall bearish short-term trading within the falling channel in red.
🏹 For the bulls to regain control, a break above the last major high in red is needed.
Meanwhile, BTC can still trade lower to test the $59,000 - $60,000 demand zone before trading higher.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📉 BTC has been overall bearish short-term trading within the falling channel in red.
🏹 For the bulls to regain control, a break above the last major high in red is needed.
Meanwhile, BTC can still trade lower to test the $59,000 - $60,000 demand zone before trading higher.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal