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TheSignalyst
Mar 21, 2024 11:45 AM

BTC - Narrow Range📦 

Bitcoin / TetherKuCoin

Description

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

📈 According to our last analysis (attached on the chart), BTC rejected the 60k-62k support and traded higher.

What's next?

🏹For the bulls to remain in control and initiate the next impulse that will lead to movement up to 80k, a break above 70k is required.

Meanwhile, as BTC retests the 60k support, we will be on the lookout for new short-term buy setups.

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
Comments
FX_Professor
Very nice chart as always dear Richie. Legend!
TheSignalyst
@FX_Professor, you are amazing :)
MyCryptoParadise
Understanding the signs of trending versus ranging can be a game-changer
TheSignalyst
@MyCryptoParadise, glad you like it dear
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