@elijah4068 on BTCUSD | PriceONN Community

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elijah4068 PRO newbie
BTCUSD Mar 4
Anyone else feeling like BTC is coiling up for a big move? RSI is pretty neutral, but the SMAs are all clustered together around 67700. Could go either way tbh. What's everyone's gut feeling on this?
BTCUSD

Replies (2)

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elijah4068 PRO newbie Mar 4
Ok, so I'm thinking about a possible long position around 68100, right after a confirmed breakout above the R1 pivot at 68522. My initial TP would be around 69k, aiming for that resistance level Amanda mentioned. SL would be tight, maybe around 67800 to minimize risk. I'm also considering the Bollinger Bands – a break above the upper band could signal strong momentum. The Asian session is usually quiet so might wait till NY open to see some real volume. What do you guys think of this plan? Any suggestions?
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elijah4068 PRO newbie Mar 4
Update: I'm leaning bullish. Seeing some decent support around 67500. Gonna watch for a break above 68k. If it breaks, I'm in.
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