WELL, WHAT'S NEXT 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.
BITCOIN QUICK UPDATE
As we mentioned last time in the previous analysis, price was around 20k support zone, where we were speculating new bullish movements as shown on the chart.
Price rejected our support zone and traded higher, However, price is still trading inside this falling broadening wedge pattern.
For the bulls to kick in we need a break above the marked minor support and resistance zone then a further movement higher would be expected.
Unless price managed to trade lower then as before, as the price will be approaching the lower support 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.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
BITCOIN QUICK UPDATE
As we mentioned last time in the previous analysis, price was around 20k support zone, where we were speculating new bullish movements as shown on the chart.
Price rejected our support zone and traded higher, However, price is still trading inside this falling broadening wedge pattern.
For the bulls to kick in we need a break above the marked minor support and resistance zone then a further movement higher would be expected.
Unless price managed to trade lower then as before, as the price will be approaching the lower support 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.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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