Hello everyone, HADI IS HERE
If you like the idea, do not forget to support with a like and follow.
BTCUSDT, As we can see price is still around a massive support zone 18K- 20K, where we will be searching for buy setups
however, now price is clearly stuck inside this range, so now what ?!
for now and for the bulls to prove control we need a break above the upper range where we will be rejecting our support zone
then a bullish reversal would be expected
or- for the second scenario for the bears to remain in control we need a break below the lower bound of the range and daily candle close below 18K
so, a new bearish impulse would be expected
until then let's monitor and see who will take the control bulls or bears !
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.
BTCUSDT, As we can see price is still around a massive support zone 18K- 20K, where we will be searching for buy setups
however, now price is clearly stuck inside this range, so now what ?!
for now and for the bulls to prove control we need a break above the upper range where we will be rejecting our support zone
then a bullish reversal would be expected
or- for the second scenario for the bears to remain in control we need a break below the lower bound of the range and daily candle close below 18K
so, a new bearish impulse would be expected
until then let's monitor and see who will take the control bulls or bears !
and as usual follow your trading plan and manage your risk.
Be patient and good luck!