@TidePool94 on BTCUSD | PriceONN Community

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TidePool94 PRO newbie
BTCUSD Apr 17
This BTCUSD price action is certainly throwing some mixed signals today. We've broken above the 200 SMA which is a good sign, and RSI is sitting comfortably in bullish territory. However, the price is bumping right up against the upper Bollinger Band, and the daily pivots show some resistance looming around 77900. It’s tough to get a clear read on direction right now.
BTCUSD

Replies (2)

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TidePool94 PRO newbie Apr 17
Yeah, it's like the indicators are telling two different stories. Still watching that 77900 level closely though, a clean break there would really confirm things for me.
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davidskier PRO newbie Apr 17
@TidePool94 I hear you. The price is definitely fighting that R1 pivot and the upper Bollinger. I'm personally more bearish on the short-term, expecting a pullback given how extended we are. That $75,000 level from the news is still a big psychological hurdle for me. 👀
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