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 bearish from a medium-term perspective
And after our previous analysis, price broke below our major low and the bears took over as we were speculating.
For now price is still bearish from a short-term perspective trading inside this channel.
Meanwhile, for the correction to start we need a break above the marked swing high, then a movement higher would be expected.
Until that price is still overall bearish and as the price will be approaching the lower zone, we will be looking for new bullish correction.
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!