@enwosu160 on BTCUSD | PriceONN Community

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BTC is currently at 65429. It's above both the 20 and 50 SMAs, which is good.
The RSI is 62.1, showing bullish momentum. I'm wondering if it will test the upper Bollinger Band around 65900 soon. What are your thoughts on this level?
BTCUSD

Replies (1)

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enwosu160 PRO newbie Feb 25
update: I'm also looking at the pivot points. R1 is at 65783.67, very close to that 65900 upper bollinger band.
if it reaches that resistance, I'd expect some rejection or at least a slowdown. My concern is if it breaks R1, the next major resistance is R2 at 66173.33.
The 200 SMA is even higher at 66831.23. I'm still trying to figure out where to place my TP if it goes up. I want to be patient but not miss out. this is tricky.
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