Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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BTC REGAIN STRENGTH UNTIL! 📚
👉As we can see price is still overall bearish from a medium term perspective, trading inside this channel, covering our overall movement.
👉Moreover, price is breaking above our first zone: 64800 to be expecting a movement higher again! Meanwhile, for the bulls to remain in control, we need a break above the upper marked zone: 67000 Then a movement higher would be expected till the upper falling trendline.
👉Unless price managed to trade again lower till 60000-62000 support zone, then we can looking for new longs from a short-term perspective. 📚
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and as usual follow your trading plan and manage your risk.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.