BTC QUICK UPDATE

٣٠ يناير ٢٠٢٤

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.

Here is a quick update on BTC📚


👉As we can see price rejected our lower support zone and traded higher again, by breaking above our major swing high,

👉Meanwhile, price is sitting around our previous major highs and lower the can be acting as a minor resistance zone, However, for the bulls to remain in control, we need a break above the marked zone, then a movement higher would be expected.

👉Unless price managed to start a correction movement again lower, to be approaching our lower support zone, then we will be looking again for new longs.


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!