QUICK UPDATE 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.

QUICK UPDATE ON BTC 📚

👉As we can see price is still overall bullish trading inside this rising broadening wedge patter, and as we mentioned before, for the bulls to remain in control we need a break above 72k zone from Daily time frame, which didn't happen, However, price rejected our upper zone, and started a correction movement.

👉Meanwhile, as the price will be approaching our lower support zone, lining up with our rising trendline, we will be looking for new longs as a trend-following buy setups.

👉Unless price managed to trade again higher till the upper zone, then we will be looking for new shorts again! 📚


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!