Hello traders!Happy Sunday to all of you!let's talk about market update:As BTC is show no weakness in bullish trend and continues to hold ts bullish trend if we are on the edge of weekly closing So if you hold any of your trades which is long so hold patiently because of following Reasons:
1.BTC is Retest their daily level as Support which previous acts as resistance
2.we are trading at near new resistance created by btc which is at 60.4k level if we lose 1D candle above this resistance then we have clean range to upside which is Almost 65k area has to targeted.
3.As I talk in my previous update that btc is traded near Resistance flip zone which means price now acts as resistance but previously it acts resistance so we also have to reclaim this level for further bullish move.
4.As we have most important week is upcoming which is known as Fomc So trade smartly and plan your trades according to market condition and maintain one thing which is your risk to reward ratio.
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