BTC - Short-Term Rejection Zones! 🗒

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

BTC broke above the H4 range in red and 20k zone so we are now bullish from a medium-term perspective trading inside the rising channel in orange.

Here are the zones that I will keeping an eye on for now:

1- As price retests the lower orange trendline we will be looking for trend buy setups.

2- As price approaches the upper orange trendline and supply zone in blue, we will be expecting a short-term rejection / bearish movement.

Which zone do you think will be tested first?

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich