Looking at our highest timeframe we see price has found major support at 1000 satoshis, and is currently testing our major resistance at 1400. showing momentum is just starting to head towards the upside. A weekly close above or resistance and we should see a higher high be formed.
Shifting over to our pattern timeframe we see price piercing our and has since slowly been retracing from this level. Expecting price to hold above our 1200 , a daily close below this level and expect price to fall towards 1000 and form a wammie at this level. showing momentum has peaked out and we could be heading towards the downside temporarily.