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 from a long-term perspective trading inside this rising broadening wedge pattern.
👉Moreover, Price is now trading inside this falling channel, as a correction movement, Meanwhile, as what we for is, as the price will be approaching 60k-62k, we will be looking for new longs on lower time frames, where the price will be approaching a massive support zone, lining up with our rising trendline holding the price back adding on, our lower bound of this channel acting as an over-sold zone.
👉Unless price managed to break below 60k from Daily time frame, then a movement lower 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.
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.