BTC monthly market reversal ?

Aktualisiert
BTC is correcting, I needed a small chart analysis.
In daily BTC is in a ascending canal and just encounter its fibo resistance at 0.786 from last mouvement.
In monthly view it kinda look like a reversal, M top is under construction on RSI and on price.

So market reversal or bear trap?

This just and educational chart to point out levels, not financial advice.
Anmerkung
well, montly M is still not there even if BTC had a big correction !
BTCBTCUSDChart PatternsreversalTrend Analysis

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