BTC SITTING AROUND A CRITICAL ZONE
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 ZOOMED OUT PICTURE
As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge pattern,
However, price is still in a correction movement trading inside this falling channel.
Moreover, price is approaching a massive zone! Why!?
1- Price is sitting around a rising trendline for overall direction!
2- Testing our support zone, where we will be speculating a bullish rejection from!
3- Demand zone marked on the chart!
Multiple rejections over here, then we will be zooming into lower time to be looking for new bullish reversal pattern.
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 ZOOMED OUT PICTURE
As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge pattern,
However, price is still in a correction movement trading inside this falling channel.
Moreover, price is approaching a massive zone! Why!?
1- Price is sitting around a rising trendline for overall direction!
2- Testing our support zone, where we will be speculating a bullish rejection from!
3- Demand zone marked on the chart!
Multiple rejections over here, then we will be zooming into lower time to be looking for new bullish reversal pattern.
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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.