BTC STUCK AGAIN?!
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.
BTC QUICK UPDATE!
As we can see price got stuck inside this rangy market, kind of rejecting our upper bound and our minor resistance zone 44k.
However, we mentioned previously, if we had a break below our swing low, then we will be expecting a new movement lower.
If we had this bearish movement, then we will be looking for new longs around our lower bound of this range from a shorter term perspective.
Unless one of 2 possible scenarios:
If we had a break above our upper bound of this range, then expect a further movement higher for a new bullish movement.
If the price managed to break below the lower bound of this range, then expect a movement lower till the lower support zone, where we will be looking for new longs as a trend-following one.
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.
BTC QUICK UPDATE!
As we can see price got stuck inside this rangy market, kind of rejecting our upper bound and our minor resistance zone 44k.
However, we mentioned previously, if we had a break below our swing low, then we will be expecting a new movement lower.
If we had this bearish movement, then we will be looking for new longs around our lower bound of this range from a shorter term perspective.
Unless one of 2 possible scenarios:
If we had a break above our upper bound of this range, then expect a further movement higher for a new bullish movement.
If the price managed to break below the lower bound of this range, then expect a movement lower till the lower support zone, where we will be looking for new longs as a trend-following one.
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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