BTC - Wait For The Bulls 🦬

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

📈 BTC has been stuck inside a range within the shape of a symmetrical triangle.

Currently, BTC is in a correction phase, approaching the lower bound of the triangle.

Moreover, it is retesting a strong support and round number $60,000.

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower orange trendline.

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

This bullish scenario will hold, unless the $60,000 is broken downward.

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich