Looking for Long at BTC

Jul 18

I am closely monitoring the price as it approaches these two critical areas. The momentum appears to have exhausted at the major resistance level, suggesting a potential shift in trend (temporary). This observation is further supported by the convergence seen in both the MACD and RSI indicators. Additionally, it is noteworthy that the previous higher high occurred at an overbought level, reinforcing the likelihood of a forthcoming price correction.