BTC QUICK UPDATE
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.
BTC QUICK UPDATE!
As we can see price is still overall bullish from a medium-term perspective trading inside this rising broadening wedge.
Moreover, price rejected our upper massive resistance zone, and traded lower, and the price approached our lower rising trendline, where we will be looking for new longs as a trend-following one.
Meanwhile, on H1 time frame, price is still bearish, and for the bulls to kick in we need a break above the marked major swing high, by a momentum candle close, then a movement higher would be expected.
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.
BTC QUICK UPDATE!
As we can see price is still overall bullish from a medium-term perspective trading inside this rising broadening wedge.
Moreover, price rejected our upper massive resistance zone, and traded lower, and the price approached our lower rising trendline, where we will be looking for new longs as a trend-following one.
Meanwhile, on H1 time frame, price is still bearish, and for the bulls to kick in we need a break above the marked major swing high, by a momentum candle close, then a movement higher would be expected.
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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