Rejection= Expect a big drop Breakthrough= Bull run starts from here... maybe.
Prediction 1a: Short the 5m st233 ceiling rejection. 2h st233 was supposed to fail Prediction 1b: Prediction 1a failed = 2h st233 floor is still valid. Buy Stop. If price does not break decisively, get out. Disclaimer: Im a newb so do not take this seriously. This is just me analyzing my trades/ideas/predictions.
We are at 2h st233 floor, 5m st233 ceiling rejected it. Price has to make a decision. If 5m ceiling rejects it completely = 2h st233 floor will be obliterated = big move down.