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TEXT UPDATE FROM MARTY: BTC Update Jan 12 4:30:PM EST Price 18,600
🕑 Added 2023-01-12 23:19:10 +0000 UTC
The initial structure is broken on the upside as we break through the descending triangle
First resistance at $19,500 A close above 20K would be very positive and indicate a short-term bottom could be in place and the 12K would be off the board in my analysis
Only a retest of the lows at 15,500 would I expect a washout to the 12K area if we first close above the 20K.
I would like to see a close above 20K but I expect a pullback at that level f not before then
The overall best action I've seen in months
I will keep you posted
Martee
Comments
Marty any possibility you could dumb your reports down for me ,know the words but don't understand them ,singed not so edumacated ,how about just say buy now ,lol
?when is close I ask this because I thought crypto trades 24 hours
