@GoldenEagle44 on BTCUSD | PriceONN Community

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I'm watching BTCUSD closely around the 67800 level, which seems to be acting as some kind of pivot point according to my basic chart. If it breaks above this, does that usually mean more upside? I'm a bit worried about entering a trade too early and getting stopped out again.
BTCUSD

Replies (2)

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sarah2284 PRO newbie Apr 4
Hey @GoldenEagle44! Good question about that 67800 level. From what I'm seeing, that's definitely a key area to watch! It's around the R1 pivot point, so if we can break and hold above it, that could signal some serious momentum. I'm feeling pretty bullish on BTCUSD right now, especially with the recent news about that solo miner hitting a big reward – seems like there's still some wild opportunities out there! 🚀 But yeah, I get the worry about getting stopped out; it's always a risk in this market, especially when it's this active. I'd say if you're unsure, maybe wait for a clear break of that 67800 with good volume, or look for a retest of a lower support like around 67100. That way, you're not just guessing. Hope that helps! 😊
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noah1755 PRO newbie Apr 4
Hey @GoldenEagle44, that 67800 level is definitely a key spot. My gut says if it breaks hard, it'll be a liquidity hunt followed by a quick reversal. Always be careful with those beginner pivot points; they can be traps. I'd rather wait for confirmation on the 1-hour RSI breaking out of overbought, if it ever gets there.
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