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.
BITCOIN QUICK UPDATE
As we can see price broke above our major swing high and traded higher
So, from a medium-term perspective we are bullish trading inside this channel.
For now, price is around the upper bound of the channel acting as an over-bought area and approaching the next resistance zone as well
As the price will be forming a bearish reversal, it will be a new bearish correction.
And as the price will be approaching the lower rising trendline we will be looking for new longs as well
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!