YFDAI - Wait For The Bulls! Analysis #1/50
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on H4: Left Chart
YFDAI is approaching a strong demand zone and round number 200. So we will be looking for buy setups on lower timeframes.
on M30: Right Chart
YFDAI is bearish from a short-term perspective trading inside the falling red channel.
🏹 Trigger => for the bulls to take over, we need a break above the upper red trendline and red zone.
Meanwhile, until the buy is activated, YFDAI can still trade lower till the 200 demand zone or even break it downward.
đź“š Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
on H4: Left Chart
YFDAI is approaching a strong demand zone and round number 200. So we will be looking for buy setups on lower timeframes.
on M30: Right Chart
YFDAI is bearish from a short-term perspective trading inside the falling red channel.
🏹 Trigger => for the bulls to take over, we need a break above the upper red trendline and red zone.
Meanwhile, until the buy is activated, YFDAI can still trade lower till the 200 demand zone or even break it downward.
đź“š 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
Instagram
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.