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TheSignalyst
Feb 22, 2023 3:41 PM

BTC - Correction Started! 

Bitcoin / Tether USWhiteBIT

Description

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

As per my last analysis, we were waiting for the bulls to take over by breaking above the blue highs or the correction to start by breaking below the gray zone.

Since we now have the break below the last H4 low in gray, the correction started.

🏹 In this case, as mentioned, we will be waiting for BTC to approach the green demand zone to look for new buy setups.

Unless, the bulls regain control aggressively by breaking back above 25,000

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
Comments
arshadsaleem100
So this means we still have a chance to go to 25k level from here
TheSignalyst
MonoCoinSignal
Nice work
TheSignalyst
@MonoCoinSignal, thanks dear
QueensPanties
Let`s See:)
TheSignalyst
VasilyTrader
Thank you for posting this idea.
TheSignalyst
@VasilyTrader, thanks mate
basictradingtv
excellent work as alwasys!
TheSignalyst
@basictradingtv, keep it up you too!
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