- Price has broke through and retested the resistance level
- Possible continuation trend
- Long wick formed on the last 5 min candle. Price may retest this zone again.
- Doji formed at resistance level
- Price may enter a state of consolidation or continue on an uptrend
5MIN & hour timeframe show contradicting signs.
Price seems to be forming a double top at support zone
Possible continuation of the short trend.
In a state of consolidation right now.
Wait for confirmation candle...
Price may test this area before breaking through as it seems on the lesser timeframes.