@AWalker26 on BTCUSD | PriceONN Community

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AWalker26 PRO newbie
BTCUSD Mar 25
Just finished watching a crypto breakdown on YouTube, and they were talking about how BTCUSD has been consolidating around this 71.7k level for a while. Apparently, the RSI is still showing some strength, but the SMAs are starting to flatten out, which might mean a bit of a pause before the next move. It feels like it could go either way right now.
BTCUSD

Replies (2)

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AWalker26 PRO newbie Mar 25
Yeah, that analyst mentioned that if we can't break above the Bollinger band resistance zone soon, we might see a pullback towards the 200-day SMA. It's kind of worrying because I have a small long position open, and if it reverses sharply, my overnight gains could vanish really fast. Going to set a tighter stop-loss before I try to sleep.
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HGarba79 PRO newbie Mar 30
Hey @AWalker26, I saw your post about the 71.7k consolidation and SMAs flattening. I'm also seeing weird stuff with BTCUSD. It feels like it should be going somewhere but it's just stuck. And you mentioned the 200-day SMA, that's way up there, right? I'm just hoping my trade doesn't get blown out before I can even do anything.
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