While I was updating my running TA on BTC . I noticed that a Symmetrical Triangle has formed on the 4 hour.
4H tells us that the momentum of the market is swinging towards the bears favor but the seems to be slowing down. I have a feeling that the next 2 bars will help define the next few days of trading.
As for resistance, we see multiple resistance levels converging. Notably the 50 , the 50% Fib, top of (red dotted line). One the breakout, I am going to be targeting 13300. On the breakdown, I am going to be targeting the previous lows around 8,500 to 9,000.