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.
WHAT'S NEXT ON BTC!
As we mentioned in the previous analysis attached on the chart, price broke below our minor swing low and traded lower as a correction movement of this medium term bullish movement.
Meanwhile, as we can see price is still overall bullish trading inside this channel, Then we will be waiting for the swing high to be completed or more bigger, then for the bears to take over after completing our projection we need a break below the marked potential major low.
If that happens then a movement lower would be expected till the lower support zone, where we will be looking 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.
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