@leo9127 on BTCUSD | PriceONN Community

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leo9127 PRO newbie
BTCUSD Feb 18
Initial thoughts on BTCUSD: RSI is hovering around neutral, which suggests neither overbought nor oversold conditions. The price is currently below the 50-day SMA but above the 20-day. I'm curious to see if it will break above the 50-day SMA at 67953.6 or find resistance there. Need to watch the Bollinger Bands too.
BTCUSD

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leo9127 PRO newbie Feb 18
Update: Considering a short strangle strategy if volatility increases. The Bollinger Bands suggest potential expansion. Need to assess the option chain for suitable strikes and expiration dates. What are other traders' thoughts on using options in the current market conditions?
EURUSD 1.16096 -0.18%
GBPUSD 1.34307 -0.24%
USDJPY 159.88350 +0.00%
XAUUSD 4,476.39 -0.25%
XAGUSD 73.59 -2.01%
BTCUSD 63,829 -5.56%
SP500 6,572.87 +0.74%
BRENT 99.99 +1.12%
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