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Monitoring BTCUSD for a potential short entry. The 20 SMA is about to cross below the 50 SMA on the hourly chart, which could signal further downside. A confirmed break below the S1 pivot at 67520 would be the trigger for me. Targeting 67000 initially, with a tight stop loss above the 20 SMA.
@IronStone53 Interesting analysis. I'll be monitoring the 20 and 50 SMA crossover on the hourly as well. A break below S1 could indeed present a shorting opportunity.
