Looking at our highest timeframe we price has hit major resistance @ 500 satoshis. Price showing no signs of slowing down, stochastic RSI showing momentum is bearsish as well. Expecting price to drop towards 300 satoshis.
Shifting over to our pattern timeframe we see price has formed a triple top just below major resistance @ 500 satoshis. Stochastic RSI showing momentum is long term bearish with no signs of slowing down.
Next entry is a bounce off 300 satoshi, until then I will be sitting on my hands.
Conclusion
Waiting for price to reach support near 300 satoshis. No entries until daily confirmation of bulls.
