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