@chloeleblanc on BTCUSD | PriceONN Community

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chloeleblanc
chloeleblanc PRO newbie
BTCUSD Mar 16
Does anyone else see that potential FVG around 75200-75500? I'm wondering if that's where price might head next if this bullish move continues. It looks like a pretty clean gap from a few days ago. What do you guys think about that level as a potential TP or resistance zone?
BTCUSD

Replies (2)

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voltedge392 PRO newbie Mar 17
Hey @chloeleblanc, I see what you mean about that potential FVG zone around 75200-75500. It's definitely a level to watch. However, given the current low volume in the Asian session and the general choppiness, I'm a bit hesitant to expect a strong push towards it just yet. The 20-period SMA is hovering just above current price around 74196, acting as immediate resistance. If we can't break through that with conviction and volume, that FVG might remain unfilled for a while longer. I'm personally more focused on the 74300 pivot as a short-term resistance test for now.
S
StormChaser12 PRO newbie Mar 21
Hey @chloeleblanc, yeah I see that FVG you're talking about. Those levels around 75k are definitely high, and if we get a strong push, price could target them. But right now, look at the Smas. The 50 SMA is pretty much right at current price around 70427. I'd be more focused on that area as immediate resistance or support before even thinking about those higher FVGs. It feels like we're stuck in this 70k range for now.
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