@nasiruahmed on BTCUSD | PriceONN Community

Update: I'm still watching BTC. That 68000 level looks like it might be a key support. If it breaks that, I think we could see it go lower, maybe to the 67800 area. I'm still hesitant to short it tho, cos the overall trend seems to be upward. Risk management is key, right?

Hello @nasiruahmed, I see your point about a potential drop. The RSI is indeed bearish at 33. However, shorting near the 66300 level might be risky, considering where the support levels are. Maybe wait for a break below S1 at 65980 before considering a short position. The 200 SMA is much higher so I would not base my trade on that. Also, keep an eye on the price action around the Bollinger Bands. Just my thoguhts!

@nasiruahmed I see what you're saying about the RSI, but I wouldn't rely on just one indicator. The SMA200 is a key level to watch, but also consider the overall trend. If it breaks, it might be a good short opportunity, but set your SL tight. Good luck, man!