@JessicaM43 on BTCUSD | PriceONN Community

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JessicaM43
Watching BTCUSD here around 66782. It seems like we're hovering near that 50-day SMA again. Does anyone else see a potential double top forming on the H4 chart if we can't push higher soon? I'm also looking at the RSI at 45.3, not oversold but definitely not bullish either. Curious to hear if others are seeing similar patterns or levels of interest.
BTCUSD

Replies (1)

M
matthew1987 PRO newbie Apr 4
@JessicaM43 A double top? Seriously? This whole market is a joke. You're looking at SMAs and RSI like they mean something. They're just lines on a chart for retail to chase. The real money is made by seeing where the algos want to push it. This 'hovering' is just them setting up another stop hunt, mark my words.
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