YFDAI - Wait For The Bulls! Analysis #1/50

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

on H4: Left Chart
YFDAI is approaching a strong demand zone and round number 200. So we will be looking for buy setups on lower timeframes.

on M30: Right Chart
YFDAI is bearish from a short-term perspective trading inside the falling red channel.

🏹 Trigger => for the bulls to take over, we need a break above the upper red trendline and red zone.

Meanwhile, until the buy is activated, YFDAI can still trade lower till the 200 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