@brittanywhite38 on BTCUSD | PriceONN Community

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brittanywhite38 PRO newbie
BTCUSD Feb 26
Observing BTCUSD on the H4 chart, the price is currently trading below the 20-period SMA, which could indicate short-term bearish pressure. The RSI is hovering around 55, suggesting a neutral to slightly weakening momentum. I'm watching for a potential retest of the 68136 SMA level. If it fails to break above, we might see a move towards the S1 pivot at 67995, or even lower towards the 67800 area. A decisive break above the 20 SMA would invalidate this outlook.
BTCUSD

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brittanywhite38 PRO newbie Feb 26
Update: also keeping an eye on the Bollinger Bands. The current price is near the middle band, which aligns with the 20 SMA. A break below the mid-band could confirm a downward move.
EURUSD 1.16149 +0.16%
GBPUSD 1.34275 +0.10%
USDJPY 159.96450 -0.05%
XAUUSD 4,475.34 -0.28%
XAGUSD 73.89 -1.61%
BTCUSD 63,415 -2.45%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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