BTC - Long-Term Bullish Reversal!

25 January 2022 288
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Hello everyone, if you like the idea, do not forget to support with a like and follow.


BTC is approaching a strong blue in green so we will be looking for buy setups.


on DAILY: BTC is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)


Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)


Meanwhile, until the buy is activated, BTC would be overall bearish can still trade lower inside the green.


Good luck!


All Strategies Are Good; If Managed Properly!

~Rich

This content is for informational purposes only and is not intended to be investing advice.

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