BTC/USD-1 Hour analysis

Hello everybody!

-On a 1-hour chart, we can see that the price tested and rejected the resistance line.

-Now we can expect breakout or bounce in a bearish direction.

-We can see that the resistance line was tested a few times in the past so I consider that line as a solid resistance line.

-On stochastic indicator, we can see that the price is in the overbought area so we might have rejection and some bearish movement,...

-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!

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-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.

-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.