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K Lao Shi's trading ideas for today
Bitcoin trading ideas for June 10
Market analysis:
Bitcoin surged 5,000 points yesterday, completely breaking through the upper resistance zone of the consolidation range, with the K-line moving from the bearish area to the bullish area. The current trading strategy needs to be completely revised.
Currently, the overall direction is bullish, but can we go long? There's no need to rush; we need to wait further!
The current K-line is testing the top of 110,000. If it can form a support-resistance swap, then after breaking through the previous high, we can enter a long position!
Trading Plan:
Currently bullish but not going long, will enter long after breaking above 111700.