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, CAN YOU DO IT?! 📚
👉As we can see price is still trading inside this flat triangle rejecting our upper resistance zone 70k and support zone 62k, Meanwhile, as we mentioned in our previous analysis attached on the chart, as the price will be approaching our upper falling trendline, we will be interested in new bearish movements.
👉Unless price managed to break above the marked zone, then a movement higher would be expected.
👉Until that and if the price managed to trade again lower, then we will be looking for new longs around our lower bound of this triangle, lining up with our lower support zone.
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, CAN YOU DO IT?! 📚
👉As we can see price is still trading inside this flat triangle rejecting our upper resistance zone 70k and support zone 62k, Meanwhile, as we mentioned in our previous analysis attached on the chart, as the price will be approaching our upper falling trendline, we will be interested in new bearish movements.
👉Unless price managed to break above the marked zone, then a movement higher would be expected.
👉Until that and if the price managed to trade again lower, then we will be looking for new longs around our lower bound of this triangle, lining up with our lower support zone.
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!