6.10 Morning Market Overview: BTC Profited 1500 Points, T2 Continues to Hold
BTC opened with a bearish candlestick showing upper and lower shadows, marking two consecutive daily red candles.
The short position from the 7th finally closed out for a profit of 1500 points, with T2 auto closing just 100 points shy of the target; continuing to hold at T2 to protect the capital, avoiding profit drawdowns before exiting.
BTC is expected to hover around 6.15 during the day, with volatility likely kicking in when the US stock market opens in the evening.
MACD shows a golden cross below the zero line, with a rebound lacking volume, waiting for an upward move.
BTC is currently in a consolidation range; resistance levels at 6.3 and 6.46, while support lies at 6.03 and 5.91; in this range, high sell and low buy strategies should be employed with proper risk management.
Looking to set a buy position around 6.03 to catch a bounce, with a stop loss at the recent low of 5.91, targeting around 6.15 and 6.3.
For those without short positions, consider placing a sell order at 6.3, adding to the position at 6.44, with a stop loss at 6.58, targeting around 6.15 and 6.06.
If any friends pass by, please give a like and follow; your support means everything! The above information is for market analysis only and should not be construed as trading advice;
Follow me to stay updated daily with the latest news, insights, and price analyses, plus the wealth secrets you seek. Don't forget to like and follow $BTC #俄国家杜马推进加密税改方案
BTC opened with a bearish candlestick showing upper and lower shadows, marking two consecutive daily red candles.
The short position from the 7th finally closed out for a profit of 1500 points, with T2 auto closing just 100 points shy of the target; continuing to hold at T2 to protect the capital, avoiding profit drawdowns before exiting.
BTC is expected to hover around 6.15 during the day, with volatility likely kicking in when the US stock market opens in the evening.
MACD shows a golden cross below the zero line, with a rebound lacking volume, waiting for an upward move.
BTC is currently in a consolidation range; resistance levels at 6.3 and 6.46, while support lies at 6.03 and 5.91; in this range, high sell and low buy strategies should be employed with proper risk management.
Looking to set a buy position around 6.03 to catch a bounce, with a stop loss at the recent low of 5.91, targeting around 6.15 and 6.3.
For those without short positions, consider placing a sell order at 6.3, adding to the position at 6.44, with a stop loss at 6.58, targeting around 6.15 and 6.06.
If any friends pass by, please give a like and follow; your support means everything! The above information is for market analysis only and should not be construed as trading advice;
Follow me to stay updated daily with the latest news, insights, and price analyses, plus the wealth secrets you seek. Don't forget to like and follow $BTC #俄国家杜马推进加密税改方案