RiskCity

RiskCity

unability to break the line -> lower prices for BTC

RiskCity

BTC will likely stall around the area marked with red box, if not, then fall below it

RiskCity Updated 

while looking at the bigger picture, sometimes market can be unclear. dropping to a lower TF can solve that problem - it enables you to see the action in area of VALUE on the higher TF so in this scenario, my previous idea on the 4H TF shows signs of possible bullishness, but when zoomed in we see that its not so flowery at all. from the beginning of the last...

RiskCity

heres another one you might want to pay attention to!

RiskCity

found another line which has shown some meaningful turning points over the last month or so

RiskCity

SYS has come to the point where it was at the beginning of april. that resulted in a double bottom and 2x gains. wonder what will happen this time?

RiskCity

my prediction is that BTC will shoot up to 2000 and then retrace. as you can see, every time it has come to the resistance line, it has either broken it->then retraced, or just stalled around it like last time.

RiskCity

climb and STAY above the resistance line from the break of previous highs

RiskCity

another trade idea to this bull market. its just about finding the best entry point

RiskCity

i'm not expecting a bigger correction, but in case the price drops/stalls, you can seek to buy on one of those 3 lines bright-green-line: for aggressive buyers (resistance turned support) middle not-so-brightish-green-line: the more a support/resistance line has bounces around it, the more reliable it becomes. price has broke through and above it, so it...

RiskCity

chart is self explanatory, testing the break-point of previous highs

RiskCity

also, the MA band seems to be holding

RiskCity

seeks support around 1417-1475 area

RiskCity

might land on Mars before Elon Musk but if we lack fuel, i hope we land like SpaceX

RiskCity

i highlighted just a few points where the price has shown a nice response. when you look back at the chart, the same points are still valid.. hope you find this interesting!

RiskCity

watch out for the RED line

RiskCity

REALLY strong momentum, RSI above 69.1 + next possible RSI resistance is miles away

RiskCity

in this idea ive got more lines for you guys. just to clarify, i would go bearish once the lowest RSI support line is breached. at the time of making this it seems to hold on to the (2) support line