Bitcoin / TetherUSShort
BTC APPROACHING A STRONG ZONE
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 mentioned last time in the previous analysis, price is still around a support zone 20k.
Where we have been looking for new longs which happened, the Analysis is attached on the chart
Meanwhile, price now is around a strong resistance zone, where we will be looking for new shorts.
For the bears to kick in we need a break below the marked swing low, then a further movement lower would be expected till the next support zone 25k, where we will be looking for new longs
Until that happens price can still dive more higher before reversal.
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 mentioned last time in the previous analysis, price is still around a support zone 20k.
Where we have been looking for new longs which happened, the Analysis is attached on the chart
Meanwhile, price now is around a strong resistance zone, where we will be looking for new shorts.
For the bears to kick in we need a break below the marked swing low, then a further movement lower would be expected till the next support zone 25k, where we will be looking for new longs
Until that happens price can still dive more higher before reversal.
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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