@ashley7084 on BTCUSD | PriceONN Community

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I'm observing BTCUSD currently trading around 67362. The 50-day SMA is at 67135.22, which might act as immediate support. However, the RSI is at 47.7, indicating a neutral momentum. I'm still learning how to interpret these signals together, but it seems like we're in a consolidation phase.
BTCUSD

Replies (1)

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ashley7084 PRO newbie Feb 27
Update: I'm also looking at the Bollinger Bands. The current price is near the middle band. I'm wondering if a move towards either the upper or lower band will give a clearer signal.
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