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Old Wine Trading Diary: Daily Interpretation 5.22 ① Intraday ultra-short-term-pressure: 70400-70500 Yesterday's intraday short-term support has now turned into pressure. For the current market, even if this area is broken, there is still strong pressure from 71400-71600 above. This area was also the position that could not be broken yesterday. ② Intraday ultra-short-term-support: 68800-69000 First of all, if the market comes to this position, I will still wait for an opportunity to go long. Do right-side trading and set stop loss and take profit. But then again, if this support area is broken, I will only see 68150 again. Summary: The bullish trend has not changed yet. The intraday ultra-short-term is executing a retracement. It's not a big deal. Don't consider drawing a door for now. #BTC突破7万大关

Old Wine Trading Diary: Daily Interpretation 5.22

① Intraday ultra-short-term-pressure: 70400-70500

Yesterday's intraday short-term support has now turned into pressure. For the current market, even if this area is broken, there is still strong pressure from 71400-71600 above. This area was also the position that could not be broken yesterday.

② Intraday ultra-short-term-support: 68800-69000

First of all, if the market comes to this position, I will still wait for an opportunity to go long. Do right-side trading and set stop loss and take profit. But then again, if this support area is broken, I will only see 68150 again.

Summary: The bullish trend has not changed yet. The intraday ultra-short-term is executing a retracement. It's not a big deal. Don't consider drawing a door for now. #BTC突破7万大关

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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