Looking at our highest timeframe we see price has broke out of it . Price has also tested our uptrend for the 4th time ( 12/26/18 | 3/07/18 | 04/08/18 | 05/06/18) Taking a buy off our daily trendline. showing momentum has bottomed out and is slowing heading towards the upside.
Shifting over to our trigger timeframe we a beautiful bounce off our horizontal and dynamic support. shown, showing momentum is . Last time we were at this price ETHOS made a run from 32000 sats up to 41000 sats . Price action tends to repeats it self.
Finally looking over at our trigger timeframe we see price has broke our hourly resistance. No signs of slowing down, expecting a small retracement towards 35000 sats . showing momentum is . Hourly close above 36000 sats activates our trade.
Take a long position off our trendline bounce | Wait for close above 36000 on the hourly.