@IsabellaKing on BTCUSD | PriceONN Community

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Morning all. Just finished my coffee and catching up on some overnight price action. Saw a good video last night about using the 200 SMA as a dynamic support/resistance level, especially on the D1 chart. Going to keep an eye on that today to see if it holds, but I think we'll see some consolidation around 71500 before any major moves.
BTCUSD

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IsabellaKing PRO newbie Mar 15
Oh and I forgot to mention, the Bollinger bands are tightening up a bit on the H4 chart. Could signal an imminent breakout, either up or down. RSI is still pretty neutral though, so not getting any strong signals there yet. I'm thinking if we break above 72000, we'll see a quick run to 72500. Otherwise, a drop below 71000 could trigger a sell-off to 70500.
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