Here are few points i am looking for this trade 1.Btcoin showing us clear fake out signal (after a Strong break out and closed back down) 2.Break though up trend swing high and start to become new resistant 3.FLag pattern is formed and consolidtae show us weakness (below 0.328 FIb and holding that resistant ) 4.We need to see strong momentum bear bar break down...
it shows the trendline since mar 2020 it does means it will be
Bitcoin has taken the decision to continue in the upside after its reservations not to break the 7200 level. Above it will play the support role again as you can see in the picture has been bounced from the main trend at 10400 and now the sub-trend is tested at 9100 level of moving average 55 and 200