🛑🛑$BTC get support from green area. But still #BTC☀ can hit $63,400 area. Here is why?

I think resistance mentioned as orange area may break but they will not close candle above bcz they showed that support performed and now upward trend start. They want more longers. Also due to of news many shorters increase in market theirfor they pumped it to liquidate them. But they will break more longs will open and then they will dump it again. Many of you think it has already get support from support zone so it will pump now. But it will not happen bcz already many people did long from 65,500 area. Market will go in opposite direction.

If they want to continue to move upward they would definitely break they support and close above support and resistance just like when it pumped from 63,495 area last time. They first consolidate at 64k area and then suddenly break and pump it. But this time no liquidation sweap occour so maximum chance they dump it in few hours again. Also we have FED meeting today. So, be cautious and wait for right entry.

Note: It is my personal point of view so do your own research before investing . Follow #MU_Traders for more updates. Also change second buying order to $63,500 instead of $62,800. For more details read previous update.

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