Daily
Looking over at our trend timeframe we can see price has been consolidation between $8,800-$9,250. If price holds at this level expecting a Higher High to follow @ our $11,500 resistance. Stochastic RSI showing bullish momentum.
4Hour
Shifting over to our pattern timeframe we can see price has formed a double bottom off our trend line and psychological support @ $9,000. A 4hour close above $9,300 activates our trade. Stochastic RSI showing momentum is bullish & confirmed.
Hourly
Finally looking over at our trigger timeframe we can see an hourly close above $9.300, activating our aggressive trade. Better perspective of our double bottom. Momentum reaming bullish.
Conclusion
Buy: Buy now or regret later
Looking over at our trend timeframe we can see price has been consolidation between $8,800-$9,250. If price holds at this level expecting a Higher High to follow @ our $11,500 resistance. Stochastic RSI showing bullish momentum.
4Hour
Shifting over to our pattern timeframe we can see price has formed a double bottom off our trend line and psychological support @ $9,000. A 4hour close above $9,300 activates our trade. Stochastic RSI showing momentum is bullish & confirmed.
Hourly
Finally looking over at our trigger timeframe we can see an hourly close above $9.300, activating our aggressive trade. Better perspective of our double bottom. Momentum reaming bullish.
Conclusion
Buy: Buy now or regret later
