$BTC

The 1M chart shows that if the August candle closes below 53k, I don't think it will stop at the 48k7 resistance line because it is very close to 53k and will fall to 32k...

But the July candlestick shows that this is a bullish candlestick, today's candlestick 1D is also showing signs of being a hammer candlestick, so there is a higher chance that this August will still increase in price!

** The above is just a basic way to apply candle reading that you can find everywhere on the internet...!