QUICK UPDATE ON BTC
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
QUICK UPDATE ON BTC 📚
👉As we can see price is still overall bullish trading inside this rising broadening wedge patter, and as we mentioned before, for the bulls to remain in control we need a break above 72k zone from Daily time frame, which didn't happen, However, price rejected our upper zone, and started a correction movement.
👉Meanwhile, as the price will be approaching our lower support zone, lining up with our rising trendline, we will be looking for new longs as a trend-following buy setups.
👉Unless price managed to trade again higher till the upper zone, then we will be looking for new shorts again! 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
QUICK UPDATE ON BTC 📚
👉As we can see price is still overall bullish trading inside this rising broadening wedge patter, and as we mentioned before, for the bulls to remain in control we need a break above 72k zone from Daily time frame, which didn't happen, However, price rejected our upper zone, and started a correction movement.
👉Meanwhile, as the price will be approaching our lower support zone, lining up with our rising trendline, we will be looking for new longs as a trend-following buy setups.
👉Unless price managed to trade again higher till the upper zone, then we will be looking for new shorts again! 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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