Building resistance in 58K level, possible SHORT lays ahead

Hi fellow traders,

Bitcoin BTCUSD.P is declining a bit and making a nice downwards structure on the 1H frame. What we can see is building resistance on the 58K level.

We can see that the short-term foresight shows a possible resistance in the form of a trend-line rejection. Additionally, a possible rejection from the exponential moving average (50 period) lies in the same area of interest.

That building tension gives us a SHORT possibility whenever rejection is confirmed on a lower timeframe, looking forward to that sweet price-action :)

Happy Trading ^^