I am new to technical analysis, here is a chart i created and my thoughts, please take a look!
I see that we are in a 8° uptrend with valid support and resistance lines. these lines have been hit multiple times. we have touched a resistance line that might push the price back down, staying within the 8° trend. i would be looking for a second push to or past the that resistance line within the next few days after a price correction from hitting it the first time. might require a buffer zone.
it might be a good shorting opportunity to profit on the correction and stabilization before the breach.
I would love some feedback on my chart. I will be watching/editing for the position.