Technical analysis by sergio8attieh about Symbol BTC on 10/22/2023

BTC USD looking to retest my blue line ( Major resistance level) and 50 % fib level2- Clear head and shoulder formation on weekly time frameWhat to do ? : Monitor this level clearly and wait for price action on lower time frame if you see and sort of rejections, wicks or struggle to break above this level ( consolidation) look for short opportunities.If You see bullish pressure don't enter wait for a valid break and retest so you can buy till next support level 34 K.If you have any questions don't hesitate to ask on the comment section below.Be carefull and happy hunting