Daily
Looking at the trend timeframe we can see momentum is starting to head towards the upside. Last week we experienced a push from $7,000 to $8,000, although price has shown signs of continuing to drop we have managed to hold at the $8,000 support level. A daily candle above $8,350 and we should see extension towards our $10,000 resistance.
4Hour
Shifting over to our pattern timeframe we cans price has activated our first trad w/ a break and close above $8,125 on the 4hour. Next entry is a close above $8,350.
Hourly
Finally looking at our trigger timeframe we can see price is starting to break out of our ascending wedge on the hourly. Waiting for a close above our $8,350 resistance.
Looking at the trend timeframe we can see momentum is starting to head towards the upside. Last week we experienced a push from $7,000 to $8,000, although price has shown signs of continuing to drop we have managed to hold at the $8,000 support level. A daily candle above $8,350 and we should see extension towards our $10,000 resistance.
4Hour
Shifting over to our pattern timeframe we cans price has activated our first trad w/ a break and close above $8,125 on the 4hour. Next entry is a close above $8,350.
Hourly
Finally looking at our trigger timeframe we can see price is starting to break out of our ascending wedge on the hourly. Waiting for a close above our $8,350 resistance.
