@zaraansari on BTCUSD | PriceONN Community

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zaraansari PRO newbie
BTCUSD Mar 31
This upward momentum on BTCUSD is strong, pushing past the 20 SMA now. I think we might see a retest of the R1 pivot around 67152 today if this keeps up. The overall trend still feels bullish.
BTCUSD

Replies (1)

A
awilson690 PRO newbie Apr 3
Hey @zaraansari, interesting take on the upward momentum. I've been watching the H4 chart as well, and while the price did push above the 20 SMA, it's currently stalling right at the 50 SMA level, which is sitting around 66915. The RSI is hovering around 51.8, showing a neutral stance, and we haven't seen any significant volume confirmation to support a strong bullish continuation just yet. The R1 pivot at 67152 is definitely a key resistance to watch, but I'm also keeping an eye on the Bollinger Bands – the price is currently hugging the middle band. If we get a clear break above the 200 SMA at 67190, that would be a stronger signal for me. For now, it looks like we're in a bit of a consolidation phase.
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