RLinda

BTCUSDT ! Formation of a pre-breakout price squeeze😼

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT continues to fall. On the chart, we see that the price is not able to break through the support of 19550 at the moment, and we see a price rollback from the support level . Now bitcoin is trading near the 20,000 mark, which is a critical point for all players.

The strong support level 19550 does not let the price go down at the moment, the limit zone pushes the price to the downward resistance, which has been repeatedly confirmed. On the chart, we see that the price is tightening from resistance to support, a classic pre-breakdown setup.

I assume a breakdown of support at 19550 in the near future, since the trend is down, there is practically no positive news for bitcoin . Medium-term target - support zone (liquidity) 16188

Sincerely, R. Linda!

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