@cbrown824 on BTCUSD | PriceONN Community

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C
BTCUSD is currently exhibiting characteristics of a continuation pattern following the recent surge. The consolidation around the 67700 level suggests a potential accumulation phase before the next leg up. Volume analysis would be beneficial to confirm this hypothesis. A decisive break above 68000 would likely validate the bullish outlook.
BTCUSD

Replies (1)

C
cbrown824 PRO newbie Feb 20
Update: Monitoring the short-term moving averages (e.g., 9 EMA) for a potential bullish crossover could provide an earlier entry signal. Also, keep an eye on the Fibonacci retracement levels from the recent high to gauge potential support zones.
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