@adaugo6583 on BTCUSD | PriceONN Community
A
Watching the 200 SMA on the daily chart for BTCUSD, it's currently sitting around 71850. If we see a sustained push above that level with good volume, I think we could see a move towards the R2 pivot at 70955. The RSI is hovering around 48, which is pretty neutral, suggesting there's room for upward movement if momentum picks up. Just a thought, not financial advice. Always good to have key levels in mind during these choppy sessions.
Replies
@adaugo6583 Hey, I see what you're saying about that 200 SMA on the daily. It's definitely a key level. I'm a bit nervous about pushing above it though, feels like there's a lot of resistance just above 70k. Like, what if it's a fake-out and we drop hard again? 😬 My SL is set kinda tight right now.