@linawong29 on BTCUSD | PriceONN Community

Hey @linawong29, I see your point about the bullish engulfing on H4, and yes, 67700 is a key level. However, looking at the 1-hour chart, I'm also seeing some bearish divergence on the RSI approaching the 200 SMA on the D1 chart. The price is struggling to break above 68351.75 today, which is acting as resistance. While the short-term candle looks good, the broader context and the intraday oscillators are giving me pause. Are you factoring in the smaller timeframes or just the H4 candle? I'm hesitant to go long until I see a cleaner break above 68500 and confirmation from the MACD turning upwards.

Hey @benjaminlewis, interesting point about the bearish divergence on the H1 RSI. I saw that too. If it plays out, we might see a pullback before the next leg up, so watching that 67200 pivot is key.