BTC STUCK HERE!
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.
BITCOIN Quick update.
As we can see price got stuck inside this range market, to be marking an upper bound and the lower bound.
However, price previous broke below our major swing low and traded lower to be rejected by the lower bound of the range.
For now, as the price will be approaching the upper bound lining up with a strong resistance zone, we will be looking for new bearish movement.
Same opposite, if the price managed to be trading lower, then we will be looking for new longs on the lower bound of the range,
Unless broken downward then a movement lower would be expected, till the 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.
BITCOIN Quick update.
As we can see price got stuck inside this range market, to be marking an upper bound and the lower bound.
However, price previous broke below our major swing low and traded lower to be rejected by the lower bound of the range.
For now, as the price will be approaching the upper bound lining up with a strong resistance zone, we will be looking for new bearish movement.
Same opposite, if the price managed to be trading lower, then we will be looking for new longs on the lower bound of the range,
Unless broken downward then a movement lower would be expected, till the 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!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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