7.6 Afternoon Bitcoin
Today is the last day of this boring market situation.
Yesterday, the big pancake challenge faced strong resistance and was heavily suppressed.
It still didn't succeed, but it's a good sign; the stronger the suppression of the pancake, the more obvious the direction becomes.
Doko Strategy
1. Go Long: Break and hold above 108500 on the hourly chart, target 109100-109700, invalid if not broken.
2. Go Short: If a false breakout occurs at 109100, lightly short 1 lot, stop loss if broken above 109800.
3. Cautious traders can go long around 106000, stop loss if it breaks below 105100.
⚠️ 107300 is the key level; if it doesn't break, the long side holds the advantage, but if it breaks, the short side will gain strength.
Alright, class dismissed.