BTC CHART UPDATE

After a quick rally back to the 64k zone, BTC is now retesting the 63.7k-63.8k support. A 1h candle has retested this support recently, and there's a quick wick off each time. This is a clear sign that this zone has lots of pending buy orders that will most likely push the price up again.

Scanning the 1H chart, we have a major KDJ resistance at 64.7k-65.4k. So expect a rough ride if price pumps to the latter mentioned price ZONE. Why? Because this prices have pending sell orders which will be filled when price goes up.

So if you'd like to trade BTC here's my trade plan:

POSITION: LONG

Entry: 63.7k-63.8k

Tp: 64.7k-65.4k

SL: 2%

FOLLOW for more.

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