Sky looking like a safe entry with a clear stop/loss.
Good risk/reward ratio
upwards the 4 hr break level is touched and attacked several times
downwards the 1 hr break level is attacked multiple times although there is support from a 4 hr uptrend from the past.
There is a current suppression in time from a 4hr downtrend which is in a beginning state of a trend reversal, making up the start of what seems to be an uptrend laddering.
Take a stop loss on the hourly break level ( full light blue line) and a safe profit target on the yellow - - - line at 201 sats
Good luck ladies and gents
Good risk/reward ratio
upwards the 4 hr break level is touched and attacked several times
downwards the 1 hr break level is attacked multiple times although there is support from a 4 hr uptrend from the past.
There is a current suppression in time from a 4hr downtrend which is in a beginning state of a trend reversal, making up the start of what seems to be an uptrend laddering.
Take a stop loss on the hourly break level ( full light blue line) and a safe profit target on the yellow - - - line at 201 sats
Good luck ladies and gents