BTC/USD trading plan 2-July-2024

7月2日

BTC/USD has formed a double top (M) pattern on the daily timeframe. Recently, BTC/USD broke the daily resistance at 62,000, which now serves as support. This suggests a potential retest of the neckline around 66,000-67,000.

For the short term, consider buying with targets at 66,000 and 67,000. Monitor price action at the neckline for a potential sell setup using a high-profit strategy.

Note: This analysis is for educational purposes only. Trade at your own risk.