Evening thoughts on June 12
From the analysis of the candlestick patterns, the top divergence and flat top patterns indicate strong selling pressure above, while the solid bearish candlestick further shows that sellers dominate. At the same time, the flat bottom pattern also suggests there is some buying support below.
In terms of market trends, prices are fluctuating near the 1/2 angle line, the upward trend has temporarily ended, gradually shifting towards a downward fluctuation. In terms of support and resistance levels, a bottom support is forming near 106400, while the previous highs at 108300 and 110653.6 constitute major resistance.
Big coin trading strategy: Rebound near 107700-108500 🈳, looking down towards 106500.
Aunt's trading strategy: Rebound near 2775-2810 🈳, looking down towards 2680.