@mcastro622 on BTCUSD | PriceONN Community

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M
BTCUSD is currently exhibiting a consolidation phase near its all-time highs. The 20 and 50 SMAs are providing dynamic support, suggesting a potential continuation of the uptrend. However, the RSI needs to show more bullish divergence for a confirmed breakout. Waiting for a clearer signal!
BTCUSD

Replies (1)

jianhao207
jianhao207 PRO newbie Feb 25
@mcastro622 yeah I see what you mean about the consolidation. I'm also waiting for a clearer signal before making a move. It feels like it could go either way from here, even with the bullish trend.
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