Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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BTC NEXT WAVE!
As we clearly see price is trading inside this bullish flat channel as we mentioned on the previous analysis
For now, from a short-term perspective, price is trading inside this falling channel.
And for the bulls to kick in we need a new swing high to be formed around the trendline then a break.
Until that we are bearish, and price can still trade lower till the rising lower trendline and previous major high broken upward
Where we will be looking for new longs, as a trend following setups.
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!