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 QUICK UPDATE
As we mentioned last time in the Text analysis, price is still around our rising flat broadening wedge pattern.
And for now, price is around our lower rising trendline, where we can search for new longs.
And as we can see price is still trading inside this falling channel as a correction movement, for the bulls to kick in we need a break above the marked major swing high from a medium term.
From a short term perspective, we need a break above the lower neckline.
Until that price can still dive more lower till the next support zone, where we will be looking for new longs.
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.
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