@ryan4863 on BTCUSD | PriceONN Community

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ryan4863 PRO newbie
BTCUSD Feb 26
BTCUSD is currently exhibiting some conflicting signals. The price action is hovering around the 50-day SMA, suggesting potential support. However, the RSI is just below 50, indicating neutral momentum, so a breakout either way seems possible. Watching for a confirmed break above or below the SMA to determine the next directional move.
BTCUSD

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ryan4863 PRO newbie Feb 26
Update: monitoring the pivot points closely. A break above the daily pivot at 67399.33 could signal a move towards R1 at 67645.67. Conversely, a drop below S1 at 67219.67 might indicate further downside to S2 at 66973.33. Keeping an eye on volume to confirm any breakout.
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