@michael4172 on BTCUSD | PriceONN Community

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michael4172
michael4172 PRO newbie
BTCUSD Mar 4
This BTC action reminds me a bit of the setup back in late 2021 before that big dip. We had a similar run-up followed by consolidation. RSI is neutral now, but if it breaks below 50, might be a good idea to consider short positions. Keep an eye on those Bollinger Bands too, a squeeze could signal a breakout soon.
BTCUSD

Replies (1)

michael4172
michael4172 PRO newbie Mar 4
Update: Just saw a decent size sell order come through. Volume picking up a bit. Might be the start of the move I was talking about. Will keep y'all posted.
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