BTC QUICK UPDATE

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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 Text analysis, price is still around our resistance zone.

Speculating new bearish movement after breaking below our major swing low, which happened and traded lower.

Then as we mentioned price was around nowhere, we were waiting for the price to be approaching again our rising trendline.

Since we are still bullish from a medium-term perspective

So, for now we will be looking for a new bullish movement and for the bulls to kick in we need a new swing high to be formed around the trendline then a break.

Or a new bullish reversal pattern around the zone which the price is currently on

Until that happens, we are still bearish from a short term perspective.

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!

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ملاحظة

Telegram channel: t.me/Snipers_F_x