If BTC chart wants to continue its up trend (I have doubt about that), it need to valid & powerful break up this resistance. it is 0.5 fibonacci line. You can see the chart reach to the up line of komo as resistance. how more, the Chikou span reached to the bottom of the candles as resistance.
If you want to make a long position, in the technical view, you have to wait to this break.
PS: On this indicator, this area is important resistance.
If you want to make a long position, in the technical view, you have to wait to this break.
PS: On this indicator, this area is important resistance.