On the 4 hour chart, we can see that we have a good support zone around the trendline where we can also find the 38.2% Fibonacci retracement level and the red 21 moving average for confluence . This is where we can expect the buyers to step in with a defined risk below the trendline to target a break above the resistance and the all-time highs next. The sellers, on the other hand, will want to see the price breaking lower to increase the bearish bets into the lows.