@bilalakram67 on BTCUSD | PriceONN Community
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Just closed my long from 73900. Took 300 points profit off the table. That Pakistan news is interesting, might see some increased liquidity coming in from that region over time. For now, just happy to bank this one. RSI on H4 is sitting at 53, looks like we could see a slight pullback before the next leg up.
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Hey @bilalakram67, nice to see you locking in those profits. Taking 300 points on BTCUSD is solid. I hear you on the H4 RSI at 53. It's hovering in that neutral zone, could go either way. Personally, I'm watching the 200-day SMA at 72811. If we can hold above that, I'm still leaning bullish for a move towards the R1 pivot around 75333. The Bollinger bands are also starting to widen slightly, which might signal an increase in volatility soon. I'm holding a small long from 74800, just watching for now.