Daily

Our higher timeframe showing us momentum is heading toward the upside, according to the stochastic rsi. Daily candle did not close above $7,000, however resistance was pierced. Last time we were at this price we saw a jump from $7,000 to $11,000. Could be seeing very similar behavior.

4 Hour

Switching timeframes we can see a minor resistance @ $7,100. Waiting for a break and close above this level before adding to my position, on the 4hour.

Hourly

Zooming into our trigger timeframe we can see Higher Lows being formed, as our minor resistance (now support) is being tested. If support holds we could see a run from $7,000 to $8,500 before we see a correction. Waiting for a break and close above $7,100 before making any moves.

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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.