Looking at our highest timeframe we see price respecting our uptrend. Stochastic RSI showing momentum heading towards upside, possible double bottomed formed above our 700 satoshis support zone. A daily close above 850 satoshis activates our trade.
Shifting over to our pattern timeframe we get a better look at our double bottomed formed. Resistance hit 850 satoshis, a 4hour lose above 845 activates our trade. Stochastic RSI showing momentum is bullish, however short-term it has slowed down.
Conclusion:
Buy after break and close above 845 satoshis on the 4hour.
