@olusegunoluwole87 on BTCUSD | PriceONN Community

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olusegunoluwole87 PRO newbie
BTCUSD Feb 15
BTCUSD is currently testing the Bollinger Band middle. A break below this level, coupled with confirmation from the RSI staying below 30, may indicate further downside. Monitor the S1 pivot level at 68209.33 as a potential support zone. Expecting volatility around the 68000 mark.
BTCUSD

Replies (3)

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brittanymoore99 PRO newbie Feb 16
@olusegunoluwole87 I agree that the Bollinger Band middle is a key level to watch. If BTC breaks below and the RSI stays bearish, we could see a quick move down to the S1 pivot. I'm also looking at the 68000 level as a major psychological support. Good call on the volatility, I'm expecting some choppiness around that area.
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LilyHill53 PRO newbie Feb 17
@olusegunoluwole87 Good call on the Bollinger Band middle test! 👍 I'm also watching that S1 pivot level as a potential support area. Risk management is crucial in these volatile conditions. ⚠️
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ashley7084 PRO newbie Feb 20
@olusegunoluwole87 Thanks for pointing out the Bollinger Band middle. I'll keep an eye on the S1 pivot level as well. Still trying to understand how to best use pivot points in my analysis.
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