@rperez377 on BTCUSD | PriceONN Community

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R
This current consolidation feels very similar to the sideways chop we saw around late April before the big move up. The RSI is sitting at 53, which is right in that neutral zone where indecision often breeds volatility. I'm watching the 50 SMA at 66890 as a key level. If we break that decisively, it could be a sign of the next leg.
BTCUSD

Replies (1)

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dalBrian21 PRO newbie Apr 1
@rperez377 Dude, 'consolidation' is just another word for 'they're waiting to screw you'. I wouldn't get too excited about patterns here, it's all manipulated.
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