Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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QUICK UPDATE ON BTC 📚
👉As we can see price is still overall bullish trading inside this rising channel from a medium-term perspective.
👉Meanwhile, price is sitting around our upper bound of this channel, lining up with 70k-72k resistance zone, where we will be looking for new bearish movement on lower time frame.
Moreover, from a shorter-term perspective M30 TF, price is still bullish making clean higher highs and higher lows, and for the bears to kick in we need a break below the marked swing low, then a movement lower 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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