Per the request of our fearless leader @khaleelkazi here is the first intraday chart of WLEO in Satoshis!

#### What are we looking at?

Wrapped Leo against BTC:
+ WLEO/WETH * ETH/BTC = WLEO/BTC

Normally when you look at multiple time frames it would be something like the weekly, daily and then 4 hour.     

Or if actively trading, something like the daily and hourly.

Given we have limited trading history still I am going to use the 4 hour and 1 hour charts to see if we have any trends or areas of support and resistance to use.

#### The 4 Hour Chart....
![image.png](https://images.hive.blog/DQmQf7PT7gKgSGxNVuHCU9Lxs7bPVcxNQhZVLDAjo4Yyyxn/image.png)

#### The 1 Hour Chart....

![image.png](https://images.hive.blog/DQmXgxbUGFcpyBCAUKKQRg6Rbb9GQqkeb1c2qbi5XGiciVn/image.png)


#### What are the charts telling us?

In the end what we what to find is synchronicity between the different timeframes.  When looking at the charts you can see a few trendlines I recognized based on the price action.

The top and bottom lines represent the overall range that WLEO has hammered out since really settling in to more organized trading after the initial listing.

#### Support and Resistance are in...

When you look at the 1 hour chart you can see the 4 hour support line transitions rather cleanly.  Support at .126 satoshis.

That is what we like to see.  

The trendline in the middle was a tighter range we saw as WLEO got stuck in the bottom half of the larger range, this coincided with the pullback of crypto and as you can see price has recovered.

With a test and then a breakout of this mid-level WLEO is now in the upper end of the overall range.

This mean the current upside target for WLEO/BTC is the all time highs of .14 satoshis.  The current setup is certainly favorable.

As we get more trading history we will be able to incorporate the daily and then weekly charts into price analysis.

<center>[![Scaredy Cat Guide Logo_steemit.jpg](https://images.hive.blog/DQmYuPG2VFzmBvotkJGs6w86zKakGqsHXbWt3TXgLqpVdPW/Scaredy%20Cat%20Guide%20Logo_steemit.jpg)</center>](https://leofinance.io/@scaredycatguide)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@scaredycatguide/wleo-price-in-satoshis-the-first-wleo-btc-intraday-chart-analysis-is-here)