risky business

The larger time frames indicate an influx of money, which is favorable for bullish trends. For entry on lower time frames, such as the 1-hour and 2-hour, conditions have been favorable. Strength indicators are positive on larger scales, and on the 2-hour frame, we've seen a crossover in volatility and green in strength, hinting at an upward trend. Should there be a downturn, it's likely to be short-lived. Ideally, a close above 63k on the 4-hour chart is desired.