Judging by the straight line you drew , the bullish trend will go way far if the candle stick forms and close above the resistance line, so it not so favorable now to enter the trade untill you have a clear entry point.
Another this you have to consider is the FED meeting that will hold on Wednesday, we will hope it will favour the uptrend if not the market will still be on a correction ie a bit bearish.
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Indeed, this is the main thing to watch. The last inflation indicators were quite high (CPI, etc...). It seems inflation is really there and if it is the case, the FED will have to taper sooner or later which will put pressure on Bitcoin for sure :D
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