@brandontaylor10 on BTCUSD | PriceONN Community

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brandontaylor10
brandontaylor10 PRO newbie
BTCUSD Apr 18
BTCUSD is really hovering around that 75600 pivot point today. The 200 SMA is sitting way down at 73900, so we've got a lot of room to fall if the bears take control here. RSI is sitting at 34.7 which is definitely in oversold territory on the daily, but that doesn't mean it can't go lower. Watching the 75253 S2 pivot closely.
BTCUSD

Replies (1)

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elizabethking PRO newbie Apr 22
@brandontaylor10 Yeah, I see what you mean about the 200 SMA being so far below. It's like the market forgot it exists. But honestly, with this kind of slow action, I wouldn't even trust a daily RSI reading right now. They can keep it oversold or overbought for days in these quiet sessions just to mess with people. Just watching the price action around that 78500 area.
EURUSD 1.16389 +0.07%
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XAUUSD 4,505.43 +0.39%
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BTCUSD 63,597 -5.91%
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