BTC BREAK OR REJECT!

6 ก.ค. 2023

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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BITCOIN QUICK UPDATE

As we can see price is still stuck inside this range!

Meanwhile, we will be monitoring closely around the upper and the lower bound of this range.

So, for now if the price managed to break above the upper bound then a movement higher would be expected.

However, Price is still around a strong resistance zone then we need a momentum candle close above 32K for a movement higher.

Unless price managed to form any bearish reversal pattern around the upper bound then a break below the lower bound of this range.


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and as usual follow your trading plan and manage your risk.

Be patient and good luck!