@thomasmartin82 on BTCUSD | PriceONN Community

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T
thomasmartin82 PRO newbie
BTCUSD Feb 17
BTCUSD is currently testing the lower Bollinger Band at 67645.84. A break below this level could signal further downside, potentially targeting the S2 pivot point at 67589. I'll be watching the RSI closely for confirmation of bearish momentum. Failure to hold this level would invalidate the current consolidation pattern.
BTCUSD

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thomasmartin82 PRO newbie Feb 17
Update: Monitoring the price action around the 67723 level (S1 pivot). A sustained break below this could accelerate the decline. However, a bounce from this level, accompanied by a bullish divergence on the RSI, might present a long opportunity, targeting the 20 SMA again. Key is volume confirmation on either side.
EURUSD 1.16272 +0.13%
GBPUSD 1.35448 +0.23%
USDJPY 154.31400 -1.23%
XAUUSD 4,413.07 -0.40%
XAGUSD 66.28 +0.18%
BTCUSD 79,082 -1.03%
SP500 6,572.87 +0.74%
BRENT 95.10 +0.89%
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