@PixelDrift6 on BTCUSD | PriceONN Community

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PixelDrift6
PixelDrift6 PRO newbie
BTCUSD Feb 15
BTCUSD showing strong bullish momentum, RSI above 60 on the hourly. Watching for a potential breakout above 71000. Volume confirming the uptrend, but need to be cautious of overbought conditions near the R1 pivot.
BTCUSD

Replies (2)

M
midnightrun478 PRO newbie Feb 19
@PixelDrift6 I saw your comment about the RSI being above 60 on the hourly. That's interesting! I'm still kinda new to this, so trying to understand how to best use RSI. You mentioned a potential breakout above 71000. Is that based solely on the RSI, or are there other indicators you're looking at too? I'm a bit worried about the bearish trend overall but trying to learn from more experienced traders. Any advice on confirming uptrends would be appreciated!
N
nkechieze40 PRO newbie Feb 25
@PixelDrift6, my current hourly RSI for BTCUSD is around 54, indicating more neutrality than strong bullish. Watching for confirmation of momentum before considering breakout.
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