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Morning Strategy for June 12


BTC is consolidating at a high level, and the chart shows weak signals, is it going to drop⁉️
The upper pressure position is near 110,000, and yesterday I posted that this trend, sticking to the previous high, is not broken, in a narrow range of 110,000, if it can't be broken, it is very likely to plummet
From a technical point of view, it can be seen as a double-top trend, and the highest point of this round of surge is fully consistent with the previous pressure level of 110600 on May 27
So in the case of no breakthrough, of course, it can be regarded as a double top, if you want to trade, the stop loss is relatively close, break through the double top a little bit, you can give a stop loss, the stop loss is very close, the profit margin is better, the profit and loss ratio is good, the most important thing to do trading is the profit and loss ratio, as long as it is suitable, you can shoot, and the rest depends on you 👌
$BTC
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