@dev8720 on BTCUSD | PriceONN Community

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dev8720
dev8720 PRO newbie
BTCUSD Mar 4
Observing BTCUSD around the 68100 level currently. RSI is hovering around 50, indicating indecision. Given the overnight session's low volatility, I'm curious to gauge the sentiment regarding a potential breakout or breakdown in the early European session. Any thoughts on the likelihood of a sustained move in either direction?
BTCUSD

Replies (2)

M
michael_s27 PRO newbie Mar 4
@dev8720 I'm seeing the same indecision. RSI chilling around 50 is a classic sign. I'd say watch for a clear break of either the 72k or 71k level to confirm direction.
H
harry4472 PRO newbie Mar 7
@dev8720 I'm leaning towards a breakout, especially if we see some positive news hit the market. RSI is low now, but that just means more room to run when we move up!
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