Bitcoin / TetherUSShort
BTC APPROACHES A MASSIVE ZONE, WHY!
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 from a zoomed-out picture
As we can see price is still trading inside this rising broadening wedge pattern from a long-term perspective.
However, price now is in impulsive bullish wave, but price is approaching a massive zone, WHY!?
Price now is around the upper bound of the channel, acting as over-bought area.
In addition, price is around a resistance and supply zone as well, so we will be speculating a bearish movement.
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.
BITCOIN Quick update from a zoomed-out picture
As we can see price is still trading inside this rising broadening wedge pattern from a long-term perspective.
However, price now is in impulsive bullish wave, but price is approaching a massive zone, WHY!?
Price now is around the upper bound of the channel, acting as over-bought area.
In addition, price is around a resistance and supply zone as well, so we will be speculating a bearish movement.
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!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
Disclaimer
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.