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.
Here is a quick update on BTC📚
👉As we can see price is still overall bullish from a medium- and short-term perspective.
SO, WHAT'S NEXT!
👉Meanwhile, price is still sitting around a strong resistance zone, and around an over-bought zone, where we are interested in looking for new bearish movements.
👉Moreover, for the bears to take over, we need a break below the marked swing low, then a movement lower till the rising trendline would be expected.
And as usual, unless price managed to break above 52k on daily time frame, then a movement higher 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.
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