BTC - One More Impulse...

30 сент.

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

📈 BTC has been overall bullish, trading within the rising flat wedge in orange.

Currently, BTC is undergoing a correction phase and approaching the lower bound of the wedge.

Moreover, the $63,000 - $63,500 is a strong demand zone.

🏹 Thus, as long as the lower orange trendline holds, we expect the bulls to kick in soon!

📚 As per my trading style:
As #BTC approaches the orange trendline, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich