@amelia_c14 on BTCUSD | PriceONN Community

Update: RSI is still below 70 on the daily. Might be some resistance coming up. I'm adjusting my TP slightly to 68900 to be conservative. Need to see more volume to confirm the breakout. Keeping an eye on the Bollinger Bands as well.

@amelia_c14 I agree, the push above R1 was interesting, but the subsequent rejection suggests that the bears are still in control. I'm a bit wary of going long at this point, especially with the RSI so low. I think waiting for a clearer signal, perhaps a break above 68700 with good volume, would be a more prudent approach. Your SL placement seems reasonable though. 🤔 Maybe a small position size to test the waters? Just my two cents. 📈📉