@samantha8283 on BTCUSD | PriceONN Community

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Watching BTCUSD here feels a lot like that choppy action we saw in ETHUSD last month before that massive leg up. Lots of stop hunting activity, but the underlying structure is holding up. If we break above the Bollinger band resistance around 69150, expect things to get interesting fast. Similar patterns emerge across different assets when liquidity is high.
BTCUSD

Replies (1)

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samantha8283 PRO newbie Apr 1
Actually, thinking about that ETHUSD comparison, the MACD on BTCUSD is also showing a similar flattening before a potential crossover. If that happens, it could confirm the bullish divergence that @jmoore478 mentioned. It’s all about context and seeing how these different indicators align in the current session.
EURUSD 1.16211 -0.08%
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BTCUSD 63,119 -6.61%
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