@MichelleWright on BTCUSD | PriceONN Community

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MichelleWright
MichelleWright PRO newbie
BTCUSD Mar 13
Just watched a great anlysis video on YouTube about BTC and potential breakout patterns. They were talking about how the SMA200 is acting as a major support right now, but if we break below that, we could see a pretty significant drop. Definitely keeping an eye on that level! 👀
BTCUSD

Replies (1)

DuskRunner37
DuskRunner37 PRO newbie Mar 16
@MichelleWright Hey Michelle, I saw your post about the SMA200. I agree that it's a key level, but honestly, I'm a bit worried about how fast BTC has been climbing. Even if it holds for now, that RSI is sitting at 64, which is pretty high. Feels like we're due for a correction, and breaking that SMA would be the trigger. Be careful out there!
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