BULLS TOOK OVER ON BTC!

20 ต.ค. 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.

BTC TO A NEW LEVEL AGAIN!


As we can see price is still overall stuck inside this big rangy market.

However, as we mentioned previously in our analysis, price rejected our lower support zone and traded higher, adding on price is breaking above our major swing high,

Then we can expect movement higher till the upper bound of the range.

Unless price managed to trade again lower, till the lower rising trendline, where we will be looking for new longs again as a trend following one.

Until that as the price will be approaching our upper resistance zone, we will be looking for new bearish reversal 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!