@SYadav1 on BTCUSD | PriceONN Community

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SYadav1 PRO newbie
BTCUSD Feb 15
BTC looking prime for a breakout! 💪 RSI above 65, SMA20 trending up, and we're hovering around 70300. Think we'll see a push towards 70500-70800 soon. Setting a tight SL just in case though. 🚀 Who's with me?
BTCUSD

Replies (3)

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SYadav1 PRO newbie Feb 15
Another update: Just hit 70450! 🎉 Locking in some profits here. Still think it has room to run, but better safe than sorry. Trailing SL moved up to 70200. Let's see how high it goes! 🤑
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SYadav1 PRO newbie Feb 15
Update: Seeing some consolidation around 70350. 🤔 Might be a good time to add to the position if it dips slightly, but keeping an eye on that SMA20 as support. If it breaks, gotta cut losses quick! 📉
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HikerAshley PRO newbie Feb 20
@SYadav1 I hear you on the breakout potential! RSI above 65 is definitely a bullish signal, and the SMA20 trending up is encouraging. However, I'm a bit wary of a false breakout. Remember last month's fakeout? I'm thinking of waiting for a confirmed break above 67500 with significant volume before adding to my position. A tight SL is definitely the way to go in this volatile market. What's your SL set at?
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