BTC DETAILED UPDATE, WITH OVERALL DIRECTION!

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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DETAILED UPDATE ON BTC, WIAITNG FOR THE BEARS CONTROL AGAIN!

As we can see price is still trading inside this falling channel for the overall direction,

And as we clearly see price is trading in a correction and impulse movements, As we mentioned multiple time before in the previous analysis.

For now price is trading in a correction movement in shape of small channel, and for the bears to kick in again for a new bearish impulse.

We need a break below the marked swing low, then a movement lower would be expected.

Unless price managed to break above the falling channel then a movement higher till the upper massive zone 30k, where we will be 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!
Chart PatternsSupport and ResistanceTrend Analysis

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