@sana3594 on BTCUSD | PriceONN Community

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sana3594
sana3594 PRO newbie
BTCUSD Mar 3
I'm feeling bullish on BTCUSD! The SMAs are all lined up nicely below the current price, and RSI isn't overbought yet. I'm anticipating it'll break past R2 at 68463 and test 69000 soon. Let's see if this plays out!
BTCUSD

Replies (1)

T
thomasdavis96 PRO newbie Mar 7
Hey @sana3594, thanks for sharing your bullish perspective! I see what you mean about the SMAs lining up, but I'm a little concerned about the RSI being at 32. Doesn't that suggest it's heading towards being oversold? 🤔 I'm not sure if it's enough to trigger a major bounce. I'm also a bit wary of that R2 level you mentioned; it seems like a pretty strong resistance point based on what I'm seeing. I'm still trying to figure out how much weight to give these indicators, tbh. I appreciate your analysis though, it's helping me think through my own strategy! 👍
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