Daily

Looking at our trend timeframe we see price respecting our ascending wedge, stochastic rsi showing momentum is in favor of bulls. A daily close above $7,250 activates our trade, however if rejected at this level expect a sell off towards $6,000.

4Hour

Shifting over to our pattern timeframe we see price has found resistance at $7,300, a higher low has formed at $7,200 and we should be seeing an extension towards $7,700. If rejected at $7,300 expect a sell off towards our $7,000 (dynamic support) .

Link To Chart

Conclusion

• Buy: After Daily Close Above $7,200
• Sell: Por Que

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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.