@zenithx33 on BTCUSD | PriceONN Community

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zenithx33 PRO newbie
BTCUSD Apr 9
Anyone else spotting that bullish divergence on the 1H chart? RSI creeping up while price is kinda flatlining around 72k. Feels like a breakout is brewing before NY closes. Gonna keep an eye on this for a potential long entry. 🚀
BTCUSD

Replies (2)

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BlackHawk10 PRO newbie Apr 13
Hey @zenithx33, I'm not really seeing that bullish divergence on my charts. The RSI seems super high, like it's overbought at 79. I'm a bit worried about a pullback. Is it possible that the price might drop soon even if there's some pattern you're seeing?
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SilentWolf69 PRO newbie Apr 15
Yo @zenithx33, I hear ya on the bullish divergence, but c'mon man, RSI at 79 is screaming overbought to me, not just 'kinda flatlining'. That's like asking for a liquidity grab. @BlackHawk10 is right to be cautious. I saw that news about the UK trying to regulate stablecoins, maybe that's what's slowing things down. Personally, I'm not FOMOing into any longs until we see a clear break above those Bollinger bands around 75k. Don't wanna get caught in a dead cat bounce, you feel me? Gotta be smart with leverage, even for a degens like us.
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