From the 1H chart, 11400 was NOT a strong . But this price was telling us that we should also consider the downward movement.
We have another Lower High two hours ago, the ( ) was obviously rejected by the orange .
Again, it told the bulls that don't forget the downward .
In the bigger picture, let's see the 4H chart.
There are two pin bars failure, bulls stand their territories on
1) 11191 (the lowest of 22-Dec-17)
2) 10152 ( 100%)
You may see there isn't a mess in 4H chart, because we have so many confirmations on like
Double Bottoms in 1H chart = Lower High in 4H chart,
followed with a bar, and also
the double bottoms on 1H chart stands on 10152 ( 100%)
Can you see the black valid in 1H chart? It is not valid in 4H.
When I am writing this, I saw the price shoot suddenly into the orange zone in 1H chart again.
If the market does not want Bitcoin to rebounce, then why do we see so many indications?