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.
WHO IS STRONGER ON BTC!
As we can see price is trading inside this flat triangle.
Moreover, price is still overall bullish from a medium-term perspective, and for the bulls to remain in control we need a break above the upper bound of this triangle, then a movement higher would be expected.
Until that and for the bears to kick in from a medium term we need a break below the last major swing low, then expect a shift in momentum from bullish to bearish and a movement lower would be expected till the lower support zone.
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.
WHO IS STRONGER ON BTC!
As we can see price is trading inside this flat triangle.
Moreover, price is still overall bullish from a medium-term perspective, and for the bulls to remain in control we need a break above the upper bound of this triangle, then a movement higher would be expected.
Until that and for the bears to kick in from a medium term we need a break below the last major swing low, then expect a shift in momentum from bullish to bearish and a movement lower would be expected till the lower support zone.
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!