In reference to yesterday (or a few hours ago if someone here is from a different time zone), if you reference the day chart and set up your chart similarly as I, there's a strong rejection on the average trend line which I depict as orange because it just so happens to be that price touches that area consistently before rejecting. A better term than rejecting would be rebounding do to how many times price has approached that area only to tap it and hop away. My green trend line which would be my absolute zone is not as powerful as the orange due to the lesser contact points but it did house price not to long ago by trapping it along with the orange trend line which cause a massive but small consolidation movement for hours at a time (it was horrible to watch, the BTC crypto chat had blown up with nonsense of up rockets and down rockets but nobody knew what was going on which was, sad to say the least haha). Okay so back on track, the top red selling trend line touches the farthest wicks on the left had side of price (scroll over to the left a little bit on the 4 hour and you will see some almost flawless contacts that continue to show strong truth because it has stopped some pretty massive "Rocket ship upwards buys" or whatever the crypto chat calls it. I would say those are the fake-outs to catch people into thinking that there will be a continuation that's going on but, if someone did not set up properly, well, shortly after those people will lose their money and like, well no one wants that. Overall, the point of this post is not to tell you what is going on, it is to inform you on what is going on, it is up to you to take appropriate action. At this present time, the 4 hour candle is currently trying to close beneath the previous buyer candle but after the 3 Steps (which I call it, also known as the 3 soldiers) seller drop, the final step has shown a strong long wick in between the orange and green zones which verifies there are other buyers who have seen the "Supply zone" (which it is technically called (supply zone because anything in between those two zones in the higher time frame is a potential chance to reverse the trend)) and act accordingly once price reaches that point. I do strongly stress this point, do NOT reference the 5 minute chart for a HUGE reversal because the 5 minute chart will never, ever, EVER beat the higher time frames. You may see the almighty reversal or green hammer or whatever other confirmation on the smaller time frame but the higher boys do not see it because if price is dropping in a huge way on the 1-4 Hour time zone, what are the chances the small guy will stop the giant? It's like.. an ant vs an elephant. Sure it'll act annoying and slow it down for a little but, it's just a temporary thing before ultimately it just get's eaten up by the storm that is to come. Proper price action is important so, do your best and don't act base on impulse and just look at things calmy. After the 3 step, a buyers cross had formed and closed. Afterwards, a seller crossed formed as well (both touching the supply zone and rebounding) but could not close underneath the buyers cross which is really good for the buyers end since sellers have lost the flow of battle. Ultimately, what will dictate the flow now is the closing of this current seller candle, so long as it does not close underneath the buyer candle and the following candle does not follow the seller trend as well, all will be well and price will eventually reach the top red trend line because well, zig zagging is the name of the game. One last thing, my support zone is at the supply zone which is far away from the trend line. I do believe that if price leaves the trend line, things will become erratic for awhile as usual. The resistance line itself can be edited further since price has not entered a proper spot for it as of it so opinions can be skewed. I had just edited it now but instead of posting a picture, compare it to the candles around January 5, 2022 and before. The range is close to 45000-46000, but again, there isn't much date there due to their being long wicks, it's history already, and price has not settled into a consolidation yet so approach with caution if you're trading solely with S/R zones because bitcoin is, crazy. I did not proof read this, take it as it is, this is my insight and have fun.