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Good afternoon, as I wrote in the post earlier, everything that is below 19200 shorts, until it is fixed above 19400, we will not go further.
POWELL speaks today at 18:00 UTC and a respected speaker can announce that "the jokes are over" and they will drain their printed balance as they promised, otherwise from the peak values in April they reduced the balance by only 149 million, but as 95 the remaining billion , so if they are merged, everything will fly to the bottom.
Long
Bitcoin needs a fix above 19400, now it has corrected to the main support at 18525, there is a buyer for the deltas, let's see if they reset it to 18965, this is the zone where potential sales begin.
Short
Fixing below 18500 and the lack of a buyer will lead us towards a break, AND POSSIBLY to 16 thousand.
P.S.
In the analysis of the instrument, I do not adhere to time frames, the reaction in the instrument may occur sooner or later. It is important to understand the price movement in response to the level, as well as the reaction of the buyer and seller. Well, a couple more secrets, this material is not a trade recommendation)))
