BTC CORRECTION TO START

١٢ فبراير 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 is still overall bullish trading inside this rising broadening wedge pattern making clean higher highs and higher lows.


👉Moreover, and as we mentioned previously, as the price will be approaching our upper massive resistance zone, we will be looking for new bearish movements as a correction one

👉On h1 time frame, price is still overall bullish as well, but for the bears to take over, we need a break below the marked swing low, then a movement lower would be expected till the lower rising trendline, where 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!