Warning! Tuesday, June 9th, BTC rebound is purely a trap, do not buy the dip



Morning reference: only look at the rebound for shorting:
Enter at 62,800-63,200, stop loss above 63,800
First target 61,500, second target 60,000
Follow the trend to short, strictly control position size

BTC stabilized at 62,500 in the morning, the two-day rebound after the previous low of 59,000 is just an oversold correction, not a reversal, with an overall decline of over 14% this week.
Yesterday's surge to 64,200 faced resistance and pulled back, the previous 64,200 short idea was successfully realized.
Technical analysis shows daily moving averages are in a bearish arrangement, 4-hour resistance at 64,200, insufficient bullish volume, RSI is neutral, rebound space is limited, maintaining a weak medium-term outlook.
#币圈  # #Blockchain# #分享美股交易赢英伟达股票 #比特币回升5% #交易CFD送黄金 $BTC $ETH
BTC-0.66%
ETH-0.88%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments