BTC SITTING AROUND A CRITICAL ZONE

15 มิ.ย. 2023

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 ZOOMED OUT PICTURE

As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge pattern,

However, price is still in a correction movement trading inside this falling channel.

Moreover, price is approaching a massive zone! Why!?

1- Price is sitting around a rising trendline for overall direction!
2- Testing our support zone, where we will be speculating a bullish rejection from!
3- Demand zone marked on the chart!

Multiple rejections over here, then we will be zooming into lower time to be looking for new bullish reversal pattern.

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!