Trend timeframe showing price has just reached our major 4000 satoshi. Expecting some weekly consolidation at this level, showing momentum has bottomed out.
Shifting over to our pattern timeframe we see price respecting a descending pattern. still showing momentum is a our bottom. A daily close above our line activates our trade, other wise we are waiting for the bears to continue to push price down towards 2000 satoshis.
Last but not last we have our trigger timeframe, where we see price is making its way towards our first resistance at 4500. Expecting a rejection at this level on to form a at our major , leading SUB to breaking out of its descending . A 4hour reversal signal confirms our entry.