BTC - Breaking Above The Resistance! 🏹
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
🏹 BTC is breaking above the second resistance in a row. If this Daily candle closes above the 22,000 it would confirm a trend continuation to the upside.
⚔️ 22,500 would be the next minor resistance that BTC needs to break to be able to reach the 25,000 resistance.
As mentioned, in my previous analysis, BTC is and would remain bullish as long as it doesn't break below the last major low (in gray) which would be breaking back below the its support zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
🏹 BTC is breaking above the second resistance in a row. If this Daily candle closes above the 22,000 it would confirm a trend continuation to the upside.
⚔️ 22,500 would be the next minor resistance that BTC needs to break to be able to reach the 25,000 resistance.
As mentioned, in my previous analysis, BTC is and would remain bullish as long as it doesn't break below the last major low (in gray) which would be breaking back below the its support zone.
📚 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
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RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
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