We have entered an interesting situation in COINBASE:BTCUSD with the price breaking above the double top dotted line resistance.
This leaves us in an oversold state, which I see bringing the price down FAST shortly.
I have entered a long position, which I intend to sell at 8,7XX, and then I intend to enter a short position upon confirmation downward.
Looking at technical indicators, RSI is VERY oversold above 70, Stoch RSI looks to go down in coordination with RSI downward breakout, and there is a Bearish MACD cross.