BTC MULTIPLE REJECTIONS! QUICK UPDATE!
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 from a zoomed-out picture
As we can see price is still trading inside this rising broadening wedge pattern from a long-term perspective.
However, As we mentioned in the previous text analysis attached on the chart, price was around a massive zone around 30k resistance and supply zone.
Price rejected our zone and traded lower.
But as we mentioned price is still trading inside this rising broadening wedge pattern, and as the price will be approaching our next massive zone:
Support and demand zones, lining up with a rising trendline, so, we will be looking for new longs as well.
Until that price is in a correction movement and bearish from a medium term perspective.
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 from a zoomed-out picture
As we can see price is still trading inside this rising broadening wedge pattern from a long-term perspective.
However, As we mentioned in the previous text analysis attached on the chart, price was around a massive zone around 30k resistance and supply zone.
Price rejected our zone and traded lower.
But as we mentioned price is still trading inside this rising broadening wedge pattern, and as the price will be approaching our next massive zone:
Support and demand zones, lining up with a rising trendline, so, we will be looking for new longs as well.
Until that price is in a correction movement and bearish from a medium term perspective.
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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