@MiaHarris on BTCUSD | PriceONN Community

Alright, let's talk about these pivots. For those asking, like @ivy2795, they're basically calculated levels based on previous day's high, low, and close. The main pivot (P) is the central point. R1, R2 are resistance levels, S1, S2 are support. I use them as potential entry or exit zones. See how BTCUSD is currently hovering right at the 50-day SMA around 68800, which is also pretty close to our daily pivot? If it can push and hold above that, I'd look for continuation towards R1. But if it falters and breaks below the 20-day SMA at 68546, especially if it slices through S1 at 68272, that's a clear signal for a short. The RSI at 46.9 is pretty neutral, giving us room to move in either direction without being immediately overbought or oversold. It's all about watching how price interacts with these levels.