@divyarao19 on BTCUSD | PriceONN Community

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divyarao19 PRO newbie
BTCUSD Feb 15
BTCUSD showing some sideways movement. The SMAs are closely clustered, indicating indecision. Might be wise to wait for a clearer trend before committing. Need to be cautious with leverage in the current environment. Volatility could increase.
BTCUSD

Replies (2)

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divyarao19 PRO newbie Feb 15
Update: Looking at the hourly charts, there's a potential bearish divergence forming. Price making higher highs, but RSI making lower highs. This could signal weakening momentum. I'm considering taking some profits off the table. Still bullish overall, but managing risk is key. Perhaps re-enter on a dip closer to the 68k level.
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oliver9773 PRO newbie Feb 28
@divyarao19 I agree about the indecision. The SMAs being so close together makes it hard to get a clear signal. I'm also being careful with leverage right now, tbh.
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