Bitcoin / TetherUSShort
BTC OVERALL DIRECTION
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 is still overall bearish from a Medium-Term perspective,
However, price rejected our lower bound zone and traded higher as we mentioned in the previous analysis attached on the chart
For now price is sitting around the upper falling trendline lining up with the previous major high, then we are looking for new bearish movements,
Unless price managed to break above then a movement higher would be expected till the upper resistance zone, where we will be again looking for new bearish 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 can see price is still overall bearish from a Medium-Term perspective,
However, price rejected our lower bound zone and traded higher as we mentioned in the previous analysis attached on the chart
For now price is sitting around the upper falling trendline lining up with the previous major high, then we are looking for new bearish movements,
Unless price managed to break above then a movement higher would be expected till the upper resistance zone, where we will be again looking for new bearish 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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