BTC - Make Or Break Zone! 💣

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

As per my last video analysis, we know that the bears took over after breaking the red zone.

For now, BTC is trading inside the falling broadening wedge in orange.

For the bulls to take over short-term, to start a bullish correction, we need a break above the orange high.

🏹 For the bulls to take over again medium-term, we need a break above the upper orange trendline and red zone.

Meanwhile, until the bulls take over, BTC would be bearish and can still trade lower inside the green demand zone or even break it downward.

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich