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 channel from a medium-term perspective.
👉Meanwhile, price is sitting around our upper bound of this channel, lining up with 70k-72k resistance zone, where we will be looking for new bearish movement on lower time frame.
Moreover, from a shorter-term perspective M30 TF, price is still bullish making clean higher highs and higher lows, and for the bears to kick in we need a break below the marked swing low, then a movement lower would be expected. 📚
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 channel from a medium-term perspective.
👉Meanwhile, price is sitting around our upper bound of this channel, lining up with 70k-72k resistance zone, where we will be looking for new bearish movement on lower time frame.
Moreover, from a shorter-term perspective M30 TF, price is still bullish making clean higher highs and higher lows, and for the bears to kick in we need a break below the marked swing low, then a movement lower would be expected. 📚
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!