Based on the first channel of high that ocurred yesterday between 18-00 PM, when EMA crossed-up SMA and was a great time to buy, the channel lasts for about 2 hours and BTC has reached its strongest resistence for the past 3 days.
I placed the lines on the graph at 7-8 PM and got good earnings from it, before close the operations for the day.
I didnt saw the bottom being break at 4AM but I got time to make a profit from the fall after placed the last two lines revealing a funnel pointing down.
The EMA/SMA seems to go crossing up BUT im worried about the MACD ponting down that way, in what seems like a dead-cross to me, very soon.
I dont see it breaking up the resistence, so I belive it's a good time to work short in the 4h/1h/15m channel trying to keep an eye on the indicators of crosses.
Cheers,