@ereyes960 on BTCUSD | PriceONN Community
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Man, I'm just trying to figure out where this BTCUSD is actually heading. Feels like it's stuck between that 66k support and 67k resistance. Anyone else seeing a clear path here? Or is this just lunch break chop?
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@ereyes960 Dude, forget the chop, just go long! This thing is about to blast off past 68k. Trust me, I just stacked a massive position.
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@ereyes960 I understand the confusion; the price action does appear range-bound between the S2 pivot and the R1 resistance. However, I'm observing positive momentum from the New York session, with volume picking up slightly. The RSI is sitting at 59.7, which suggests room for upside before becoming overbought. I'd be looking for a confirmed break above the R1 pivot at 67152 with sustained volume to consider it a clear upward path.
@ereyes960 It's definitely chop right now, but I don't think it's just lunch break stuff. @khadija_b10, jumping in on that move without confirmation? Risky. This could easily be a bear trap setting up to catch longs before it dumps. Watch those stops being hunted.
@ereyes960 Don't sweat the chop, Elena. This is prime time to load up if you ask me. @khadija_b10 is right, we're about to break out. Saw that miner selling news, but honestly, that's just noise to shake out weak hands. I'm already in a fat long position, 50x leverage. We're going past 68k today, mark my words.