Looking at our highest timeframe we see price has respecting a , after breaking out of 215—240 satoshis consolidation zone. Price has retuned to it’s breakout . Daily candles showing higher lows being formed. showing momentum is slowly heading towards the upside.
Shifting over to our pattern timeframe we see price is currently at a critical point, Short-term uptrend being respected, momentum showing us we want to head towards the downside. A 4hour close above 245 satoshis activates our trade, otherwise expecting a drop towards 220 satoshis before heading towards the upside.
Finally looking at our trigger timeframe we see price is stuck in a design . An hourly close above 245 activates trade, momentum also being shown we are heading towards the downside. Hourly support at 230 satoshis.
Buy: After break and close above 245 satoshis on the 4hour.