BTC Detailed Top-Down Analysis - Day 85

Bitcoin / U.S. dollarBitstamp

Description

⋅ Oct 17, 2022 3:03 PM

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

85 out of 500 days done.

I truly appreciate your continuous support everyone!

Let me know if you like the series, and if you would like me to change or add anything.

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

Good Luck!.

All Strategies Are Good; If Managed Properly!
~Rich

Comments

VasilyTrader

⋅ Oct 17, 2022 5:20 PM

I agree with your technical outlook!

TheSignalyst

⋅ Oct 17, 2022 6:49 PM

@VasilyTrader, respect Vasily

UnitedSignals

⋅ Oct 17, 2022 5:02 PM

Excellent idea.

TheSignalyst

⋅ Oct 17, 2022 6:49 PM

@UnitedSignals, thanks Rick

muhammadiqbal8817

⋅ Oct 18, 2022 12:47 AM

@UnitedSignals

VinZa

⋅ Oct 17, 2022 6:23 PM

As always, Rich, another good and detailed analysis. Keep them coming, cheers Vince

TheSignalyst

⋅ Oct 17, 2022 6:49 PM

@VinZa, thanks Vince for your continuous support. respect!

peterbhc

⋅ Oct 17, 2022 4:51 PM

1D MA50 at 19,700 is acting as resistance. Looks like volatility is declining and may have made yet another lower high to test 18k. Great work

TheSignalyst

⋅ Oct 17, 2022 5:21 PM

@peterbhc, thanks dear Peter

TradingShot

⋅ Oct 18, 2022 5:18 PM

Good luck with your trading plan Richard. If your Support holds though, we should be expecting a sharp rise to the 1D MA50 though based on previous market Cycles: