WhiteBIT Coin / Tether US
Long

WBT - Wait For The Trigger ↗️

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

on DAILY: Left Chart
WBT is sitting inside a strong demand zone so we will be looking for buy setups on lower timeframes.

on H4: Right Chart
WBT is forming a channel in red but it is not ready to go yet.

🏹Trigger => for the bulls to take over, we need a momentum candle close above the upper red trendline and last major high in gray.

Meanwhile, until the buy is activated, WBT can still trade lower till the lower bound of the demand zone around 3.0

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.