Looking our highest timeframe we see price remains is normal downtrend structure. showing momentum is heading towards the downside with no signs of slowing down, price looking to form a lower low, next major at 6000 satoshis.
Shifting over to our pattern timeframe we see price has formed a minor downtrend compare to our weekly chart, and we are waiting for a break of structure in the daily. showing momentum may have shifted towards the upside, although price not showing any signs of reversal. A daily close above our activates our trades.