Strong demand is approaching! for WHITEBIT: WBTUSDT by TheSignalyst – Technische Analysis – 2022-12-12 01:09:58

Hello TradingView family / fellow traders. This is Richard, aka TheSignalyst.

in a day: left graph

WBT close to strong demand area So we will look for purchase settings.

On H1: Correct diagram

WBT The formation of a red channel, but it is not ready to go yet.

trigger => For the bulls to take control, we need to form another large swing high and then break above that and above the upper red trend line.

Meanwhile, until the purchase is activated, WBT It is still possible to trade lower even today demand area Where we will be looking for new buy setups.

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

Good luck and God bless you!

All strategies are good. If managed properly!
~ rich

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