BTC - Bearish Short-Term Until...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 After breaking below the last major low in red, BTC has been bearish from a short-term perspective trading within the falling channel marked in red.
🏹 For the bulls to regain control, a break above the upper red trendline is needed.
Meanwhile, further bearish movement towards the lower bound of the red channel would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📉 After breaking below the last major low in red, BTC has been bearish from a short-term perspective trading within the falling channel marked in red.
🏹 For the bulls to regain control, a break above the upper red trendline is needed.
Meanwhile, further bearish movement towards the lower bound of the red channel would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
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