ARK, Adding to the Bag

תמונת-בזק
Daily
Looking at our highest timeframe we see price has double topped inside our major resistance @ 40000 satoshis. Price has since been retracing towards our major support zone 30000, minor daily support 32500. Stochastic RSI showing momentum has bottomed out.

תמונת-בזק
4Hour
Shifting over to our pattern timeframe we see price has reached out minor support zone 34000 satoshis. A 4hour close above 37000 activates our trade. Otherwise we are waiting for a retracement towards 32500. Stochastic RSI showing momentum has bottomed out, and bearish are slowing retracing.


Hourly
Finally looking over at our trigger timeframe we see price has formed a double bottom above 34000 an hourly close above 35300 activates our trade. Stochastic RSI showing momentum is bullish, although bulls are temporalily on pause.

Conclusion:
Buy: After break and close above 37000 on the 4hour / Bounce off 32500
Bitcoin (Cryptocurrency)Chart PatternscryptocryptocurrenciesCryptocurrencynakedtradingpriceactionTrend Analysis

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