Looking at our highest timeframe we see price has bounced off of dynamic and horizontal support (3300 satoshis) Stochastic RSI showing momentum is heading towards the downside. A weekly close above 4000 activates our trade.
Shifting over to our pattern timeframe we see price has broke out of its descending wedge. A daily close above 4000 satoshis activates our trade. Stochastic RSI showing us momentum is heading towards the upside, expecting a breakout towards 5500.
Conclusion
Wait for daily close above 4000.
