@gracewright49 on BTCUSD | PriceONN Community

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gracewright49 PRO newbie
BTCUSD Apr 7
Anyone else noticing that the 50-day SMA is now acting as resistance? Price tried to break above it a couple of times during the NY session but just got rejected. Seems like a key level to watch for tomorrow, especially if we get any more news out of South Korea or that Middle East conflict flares up.
BTCUSD

Replies (1)

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osaze6109 PRO newbie Apr 14
@gracewright49 That 50 SMA rejection is definitely something. Price action is showing weakness there. If we can't break that, it's gonna be a tough grind higher. Might see a quick drop to grab stops below the current S1 pivot if the bulls can't hold.
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