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.
2 POSSIBLE SCENARIOS FOR BTC
As we clearly see price got stuck inside this big range
However, price now is around the marked minor resistance zone
For the bulls to kick in we need a break above the marked resistance, then a further movement higher would be expected til the next resistance zone 18k
Meanwhile, until this happens, and for the bears to remain in control we need a break below the marked minor swing low
Then a movement lower would be expected till the next support zone 15.5k-15k
Where we will be looking for new longs as well
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!