$XBTUSD 4H Possible RSI bull div (take everything with a grain of salt in this ranging market).

$XBTUSD 1W Critical support and bottom of the channel now. Next support 5.3k if this one is lost.

$XBTUSD 4H Good bounce, possibly even an iH&S reversal. Next obvious res ~8k.

$XBTUSD 4H A little late, but complex iH&S confirmed, target still 8-8.2k.

$XBTUSD 1D Bull divs forming on RSI and StochRSI, OBV still converging bear. Needs to reclaim 6.8~7k for a shot at breaking out of the magenta line and up to 8k.

$XBTUSD 1W And here's where that red area comes from, in case you were wondering. Weekly Stoch also forming a bull div, but RSI and OBV don't yet agree.

$XBTUSD 1D 7k reclaimed with a nice bullish engulfing. Today it's being retested as support (green arrow).

Close below 6.5k -> bear Close above 8k -> bull Anything in between -> we're still ranging and I'm out of leveraged positions. *daily close

Sigh.

number go up, number go down, but number not trend

$XBTUSD 1D One thing that can be taken from all this sideways action: Dumps below the range are being bought back on high volume.

$XBTUSD 1D OBV bull div and breakout. A close above 7550 (HH) would be a first step towards breaking out of this range.

$XBTUSD 1D Great close above resistance and on growing volume after OBV bull div and breakout.

$XBTUSD 1D 8k is the real obstacle here, close above it and we got an uptrend.

$XBTUSD 1D Great close above 8k. Volume and OBV tell everything you need to know right now: the rally is real.

$XBTUSD 4H This kind of breakout sometimes just consolidates under resistance (8.4-8.5k) before ripping through it, so I'm keeping an eye for this on lower TFs. A test of 8.2k has been rejected a few hours ago, for example:

$XBTUSD 1D & 4H The high volume and the daily candle format indicate a big bull/bear battle, 8.5k was rejected, for now, and the broken upper channel was retested @ ~7.8k but held, we'll see if a possible second retest will also hold. Be patient. Also hidden…

$XBTUSD 4H Retest of broken upper channel ongoing, lowish volume and RSI hidden bull div still present.

$XBTUSD 1H A closer look.