Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, we know that BTC is still in an Accumulation in the shape of a potential inverse head and shoulders .
📉 As mentioned, for the the pattern to get activated, we need a break above the blue zone / neckline.
This week, BTC broke above the neckline, so now we are expecting a bullish movement till the next resistance around 30,000
đź“Ś30,000 is a strong round number, resistance and supply zone. So expect reaction there.
For the bulls to take over from a MACRO perspective, we need a break above 32,000
đź“š Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
As per my last analysis, we know that BTC is still in an Accumulation in the shape of a potential inverse head and shoulders .
📉 As mentioned, for the the pattern to get activated, we need a break above the blue zone / neckline.
This week, BTC broke above the neckline, so now we are expecting a bullish movement till the next resistance around 30,000
đź“Ś30,000 is a strong round number, resistance and supply zone. So expect reaction there.
For the bulls to take over from a MACRO perspective, we need a break above 32,000
đź“š Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT