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Juliia
Jan 12, 2023 10:32 AM

We take no prisoners, only up Long

Bitcoin / TetherUSBinance

Description

Strong resistance at 19k, a lot of accumulated short positions, trend line, wedge, MA200 day - 19k key level


There is a high probability that the price will pass above 19k by MA200 a day, in which case the price can go without rollbacks, leaving liquidation shorts behind. We are waiting for the release of reports, while it looks like we can go above 19k, in any case, always follow the risk management and close the position if the price has come to your stop level
Comments
SwallowPremium
Good overview on the market! Which analysis you will do next?
Juliia
@SwallowPremium, Thank you. I'm waiting for the Tron, I need confirmation that the price will go beyond the level $0.06, good accumulation.

bestfarbit74
if the grey area breaks I believe your chart comes true
however around 19.2 k may reverse, lets see
Juliia
@bestfarbit74, above 19k there can be a lot of liquidations of short positions, which can give a serious upward momentum. Let's see how the reaction to today's report goes
bestfarbit74
@Juliia, probably, lets see
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