As the lines dictate, it's likely the price action will break to the downside, however given the volume and recent shenanigans during past weekend, probabilities are difficult to nail down. Trade at your own risk.
Trade active
⋅
downward move confirmed to a degree...if you look at the HOURLY RSI the last green candle shows a higher reading then the following red, which actually registered a higher price...
@hannon518, fake out to the upside, elevator down, very common on the weekends due to anemic volume, very easy to manipulate...
wealthjustin
⋅
I believe a rare upside breakout back to reclaim 32k
FuriousMoney
⋅
@wealthjustin, see comment above, fake out to the upside, sliding down, for bulls, the next macro move will certainly cement the bottom, only up from there