BTC - Bearish Short-Term...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉After breaking below the previous low of $68,000 (marked in red), BTC's momentum shifted from bullish to bearish in the short term.
The question is: until when or where?
As long as the bears remain in control, the next major support zone that could hold BTC up is the $63,000 demand zone.
📈Around that demand zone, we will monitor price action and look for bullish setups to confirm a potential reversal.
📚 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 previous low of $68,000 (marked in red), BTC's momentum shifted from bullish to bearish in the short term.
The question is: until when or where?
As long as the bears remain in control, the next major support zone that could hold BTC up is the $63,000 demand zone.
📈Around that demand zone, we will monitor price action and look for bullish setups to confirm a potential reversal.
📚 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.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.