@david88 on BTCUSD | PriceONN Community

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Price is consolidating near the 72500 level. The neutral RSI suggests a lack of strong directional momentum. I'm awaiting a clearer signal before considering any new positions. A break above 73000 or below 72000 could provide the necessary confirmation for a trade entry. Patience is key here.
BTCUSD

Replies (1)

E
ejones261 PRO newbie Mar 7
@david88 I concur that patience is crucial at the moment. The consolidation around 72500 suggests indecision. I am also waiting for a confirmed breakout before considering a new position. A decisive break of either the upper or lower Bollinger Bands would provide a more reliable signal. Keeping risk management tight is essential in these conditions.
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