Looking at the volume, it looks like we've completed a "spring". We should be looking for a test, or even possibly another spring, since many believe we still could go below the previous low. The S/R levels are marked as well, meaning I believe BTC will play out similarly as to how I have drawn here.
Taking what I learned from www.youtube.com and www.newsbtc.com
The fractal is from May-June 2020, which was analyzed to be a wycoff distribution. I overlaid it as a reference to the current bull run from Jan 2021 to today. Expect a hard selloff
It's looking overbought on the fib bollinger bands , macd and rsi . I expect it to continue back up after a selloff. If it goes through, expect it to bounce around .28 instead off the 200EMA
I was only trying to get parallel lines in my chart. Ignore the excessive colors on the pitchfork