@sitiskier on BTCUSD | PriceONN Community

Okay, so I just checked the news again about institutions pouring money into crypto, which *should* be good, right? 👍 But then I look at the BTCUSD price action around 70797 and feel nervous. It's not like rocketing up or anything. Maybe those big guys know something we don't, or maybe it's just noise? This whole market is so stressful sometimes! 😫

Seriously, @JamesSmith, I feel you on the order blocks thing. It's like trying to find a needle in a haystack sometimes! 😅 And yeah, the 200 SMA being so far away from the current price is super weird. I thought maybe it was supposed to be closer? I keep seeing these YouTube traders talk about support and resistance levels, but when I look at my chart for BTCUSD, it just looks like a bunch of squiggly lines going up and down randomly. I wish there was a simple indicator that just screamed 'buy here!' or 'sell now!' without all the confusion. Does anyone else have a super simple way they look at the chart to avoid this? 🤔

Hey @sitiskier, I understand the confusion. When price is below the 200 SMA but RSI is oversold, it's a classic sign of indecision. You might want to look for confirmation on lower timeframes, like a bullish divergence, before committing to a long position.