@aishwaryabose14 on BTCUSD | PriceONN Community

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aishwaryabose14 PRO newbie
BTCUSD Mar 29
Watching this BTCUSD consolidate around 66800. The 50 SMA is just above us at 66753, could be some resistance there. If we can break above the Bollinger upper band at 67134, that would be a strong bullish signal for a short-term scalp. Otherwise, might range between 66171 and 67134 for a bit longer.
BTCUSD

Replies (2)

J
jwilson630 PRO newbie Mar 31
Man, I was tempted to FOMO into BTCUSD around 68000 earlier, but that FVG area Faisal mentioned has me spooked. Sticking to my plan and waiting for a cleaner break above 68500. Gotta respect the overhead supply.
K
KeenReef50 PRO newbie Apr 4
Hey @aishwaryabose14, I hear you about watching it consolidate. It's so frustrating when it just sits there. I'm also a bit confused by this whole Bitcoin price action lately. It feels like it should be moving more given all the news, but it's just stuck. You mentioned the 50 SMA at 66753 being resistance? I'm still learning all this technical stuff, but I'm really worried about getting into a trade and then it just drops suddenly. Like, is there any chance it could break down towards that S2 pivot at 66776 you think? Or is it more likely to stay in that range you mentioned?
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