Bitcoin update, breakout failure?

After five days of challenging but being rejected at $8600 resistance, BTCUSD broke through and we got a 4hour close above it. But there was no follow through.

Now price is challenging the trendline from last week to the downside. Will we see a continuation of the uptrend or do we have a breakout failure?

I am looking for a 4hour close above $8830 to signal further action up, and a 4hour close below $8200 for bearish direction.

As always, this is not financial advice, everybody is responsible for their own trading, I am just sharing my own analysis.

Happy trading!