@GaneshPillai57 on BTCUSD | PriceONN Community

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GaneshPillai57
BTCUSD looking bullish, tbh. We're above all major SMAs, and RSI is still climbing. Expecting it to test 70000 soon, maybe even break past it. If it consolidates above 69000, it's a green light for further upside. Keep an eye on those Bollinger Bands though, could get a bit wild.
BTCUSD

Replies (1)

GaneshPillai57
GaneshPillai57 PRO newbie Mar 3
Update: Just noticed the Asian session is usually quiet, so this bullish momentum might be a trap before the London open. Volume is still relatively low, so the move could be artificial. If we see a rejection at 69500-69700, might consider a small short position with a tight stop above 70000. But overall trend is still up, so be careful shorting against the momentum. Need to watch for confirmation from the London and NY sessions before making any big moves. Patience, my friends, patience. Don't let FOMO get the better of you. Remember, trading is a marathon, not a sprint! 😄
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