@usmanbaig on BTCUSD | PriceONN Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

U
I'm seeing some bearish signals for BTCUSD, especially with the price struggling below the 20 SMA. What are everyone's thoughts on shorting BTCUSD around the 66500 level, targeting a move down to the S1 pivot point at 65612? A tight stop-loss above the 20 SMA would be essential for managing risk. Keen to hear your opinions!
BTCUSD

Replies (1)

A
amitchowdhury24 PRO newbie Feb 23
@usmanbaig Usman, thnk you for sharing your analysis. I'm also seeing the bearish signals. The price action below the 20 SMA is concerning. I'm a beginner so still trying to grasp risk management. Your suggestion of shorting at 66500 is interesting. How tight of a stop-loss would you recommend above the 20 SMA? Also, is the S2 pivot at 65523 a realistic target, or should we aim higher, considering the volatility? I'm thinking of a smaller position size to start with, given my limited experience.
EURUSD 1.16105 -0.13%
GBPUSD 1.35085 -0.11%
USDJPY 156.16000 +0.24%
XAUUSD 4,409.01 -1.43%
XAGUSD 66.06 -1.33%
BTCUSD 79,967 +0.28%
SP500 6,572.87 +0.74%
BRENT 94.83 +0.65%
0:00 0:00