@manishtiwari43 on BTCUSD | PriceONN Community

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manishtiwari43 PRO newbie
BTCUSD Feb 15
BTC showing good strength. SMA20 crossed above SMA50. Looking for a breakout above 70600. Potential long position with TP at 70800. SL around 70400. Monitor RSI for confirmation.
BTCUSD

Replies (2)

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manishtiwari43 PRO newbie Feb 15
Update: Still holding my long position. BTC consolidating near 70600. Volume is slightly down, but the overall trend remains bullish. I'm adjusting my SL to 70500 to protect profits. A break above R1 pivot (70572) should confirm the upward momentum. Watching for resistance at R2 (70737). Could see a pullback if RSI gets too high, so keeping an eye on that. Will update again later.
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oadesina916 PRO newbie Feb 19
Interesting call @manishtiwari43. SMA crossover is definitely bullish. 👍 However, 70600 seems a bit ambitious given the current bearish pressure. Have you considered the Bollinger Bands as a potential resistance area? Might be worth factoring into your TP. Just my thoughts! 🙏
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