TheSignalyst

📌 BTC - Dear August, Be Good! Update Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my last picture idea, highlighted in the chart, the bulls took over by breaking above the orange zone. Now What? For the bulls to take over from a medium-term perspective, we need a break above the last major high from H4 highlighted in green. In this case, a movement till the 28k-30k resistance / supply zone would be expected. Meanwhile are bullish , unless the bears manage to break below the last major low highlighted in blue. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich

Bitcoin Detailed Top-Down Analysis - Day 46 Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 46 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich

FTM - Once A Beast, Always A Beast! Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. FTM rejected a strong demand zone so we will be looking for buy setups on lower timeframes. on DAILY: FTM formed a valid inverse head and shoulders but it is not ready to go yet. For the bulls to take over, we need a momentum daily candle close above the gray neckline. 🎯Targets => Our first resistance / target would be around 1.0 so I will be monitoring price action there. If we break it upward (purple projection) then a movement till 2.0 would be expected. Meanwhile, until the buy is activated, FTM can still trade lower inside the demand zone . Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich

Bitcoin Detailed Top-Down Analysis - Day 45 Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 45 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich

SAND - Think Outside The SANDbox! Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. SAND rejected a strong demand zone and round number 1.0 so we will be looking for buy setups on lower timeframes. on DAILY: SAND formed a valid inverse head and shoulders but it is not ready to go yet. For the bulls to take over, we need a momentum daily candle close above the gray neckline and red trendline. 🎯Targets => Our first resistance / target would be around 2.65 so I will be monitoring price action there. If we break it upward (purple projection) then a movement till 4.7 would be expected. Meanwhile, until the buy is activated, SAND can still trade lower inside the demand zone . Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich

Bitcoin Detailed Top-Down Analysis - Day 43 Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 43 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich

BTC - Reviewing My Previous 5 Ideas As A Practical Example! Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. I thought it would be a great idea to put my last 5 picture ideas together as a practical example. As this amazing platform @TradingView is all about learning and sharing. So let me know if you like the idea to apply it on other instruments. ---------------------------------------- 1) BTC - Are You Ready? You Better Be! Analysis: we were waiting for break above or below the range. Result: The bulls took over by breaking the range upward. So we are now bullish . 2) BTC - Make or... Break! and 3) BTC - Prepare for Takeoff OR Brace for Impact! Analysis: after the bulls took over, we then entered in a correction phase (short-term bearish ) and were waiting for the next impulse movement to start. Result: The bulls took over by breaking above the flag (short-term) and last orange high (medium-term) 4) BTC - 28K See You Soon! ETH Analysis inside Analysis: After breaking the last orange high, we expected a correction till the lower bound of the red channel to look for trend-following buy setups. Result: BTC rejected our red trendline and gray zone and we are currently looking for the next impulse to start. 5) BTC - Dear August, Be Good! ETH Analysis inside Analysis: this analysis was made yesterday, so not much to add here. We are still waiting for the bulls to take over by breaking above the last high highlighted in orange. Meanwhile, the bears can still kick in and break the channel downward, in this case we will be expecting a short-term bearish movement because the last major low (as highlighted on the chart) wouldn't be broken yet. ---------------------------------------- These are my last 5 picture ideas. If they are not enough, I am also posting daily video updates as a series "Bitcoin in 1 Minute" so feel free to check it out. And I will be here if you have any questions. And always remember: All Strategies Are Good; If Managed Properly! Good luck! ~Rich ~Richard Nasr ~theSignalyst

THETA - Bulls Took Over! Target => 🎯 Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Weekly: Left Chart THETA rejected a strong demand zone and round number 1.0 so we will be looking for buy setups on lower timeframes. Daily: Right Chart on DAILY: THETA formed a valid inverse head and shoulders and the bulls took over after a momentum candle close above the gray neckline. 🎯Targets => Our first resistance / target would be around 2.5 so I will be monitoring price action there. If we break it upward (purple projection) then a movement till 4.0 would be expected. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich

BTC - Dear August, Be Good! ETH Analysis inside Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my last picture idea, we have been waiting for BTC to test the gray zone and lower red trendline to look for trend-following buy setups. BTC is already around the gray zone, and yes, as per the current market conditions, a movement till the 28k-30k resistance / supply zone is still expected. Now What? As usual, as per my trading style, I will be waiting for the bulls to take over by breaking above the last high highlighted in orange. Meanwhile, the bears can still kick in and break the channel downward, in this case we will be expecting a short-term bearish movement because the last major low (as highlighted on the chart) wouldn't be broken yet. Regarding ETH: Price broke the purple pennant downward, and as mentioned in this case, we will be looking for buy setups around the lower red trendline. ETH rejected our red trendline and traded higher. for the bulls to take over again, we need a break above the last major high in blue. Meanwhile, just like BTC , if the bears break below the trendline, then the first support would be around the 1500 zone. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich

Bitcoin Detailed Top-Down Analysis - Day 42 Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 42 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich