#交易故事

5.7 Morning Market Overview: $BTC Quick Recovery from Pullback

The major cryptocurrency closed the morning with a lower shadow and a solid bullish candle, indicating a strong return of the bulls. This forms a Morning Star pattern with yesterday's Doji and the previous day's bearish candle, suggesting a bullish trend.

Last night, after a spike to 93.3 to entice shorts, it strongly pulled back to 97.7, creating a V-shaped reversal of nearly 4400 points; yesterday I mentioned that 94-93.8 is the support range. If you positioned yourself on the left side, you would have at least made 2000 points, not to mention 4000 points; thus, we choose to go long at effective support and short at strong resistance, maintaining proper defense and targets. Trading is that simple, aligning knowledge with action.

95 is the 0.618 level for this rally; you can position for long orders here on the left side, with a stop at 94.1 and targets at 96.5 and 97.3; conversely, wait for a right-side pullback without breaking or a pullback that dips below and then retests upwards to enter long positions; position for high shorts at 97.3, add to positions at 98, with a stop at 98.8, targeting 95.5 with a structure at 94.

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