@J_Wilson on BTCUSD | PriceONN Community

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J
J_Wilson PRO newbie
BTCUSD Feb 17
Okay, so BTCUSD is definitely showing some bearish signs! That break below the 20 SMA is pretty significant imo. I'm thinking we could see a further drop down to the 67000 level, maybe even testing the Bollinger Band lower limit. The RSI is still neutral, but if it dips below 40, that's a stronger sell signal. I'm setting up a short position with a TP around 67100 and a SL just above the 50 SMA. What do you guys think? Am I missing anything?
BTCUSD

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