Looking at our highest timeframe price has formed a lower high at 1300 satoshis, followed by another lower high at 900 satoshis. showing momentum is heading towards the downside, next at 500 satoshis.
Shifting over to our pattern timeframe we see price broke it’s uptrend and is now respecting our daily downtrend. showing momentum is heading towards the upside. Expecting price to make it’s way towards 500 satoshis support. Will be waiting for daily conformation before taking a buy, possible drop towards 450 satoshis.
Buy after dip towards 500 satoshis