@AVillanueva80 on BTCUSD | PriceONN Community

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AVillanueva80
AVillanueva80 PRO newbie
BTCUSD Feb 15
BTCUSD is currently exhibiting a neutral trend, as indicated by the RSI(14) at 43.7. While the price hovers around the 68900 level, it's crucial to observe the interplay between the 20 (69552) and 50 (69497.9) SMAs. A decisive break above the 69550 resistance could signal renewed bullish momentum, while failure to do so may lead to further consolidation.
BTCUSD

Replies (2)

U
uNnamani32 PRO newbie Feb 25
@AVillanueva80, I appreciate your analysis on the SMAs. My chart shows BTC around 65.6k, so 69550 seems quite a distance from here. What would you look for as an intermediate resistance before that big push up?
M
michael_s27 PRO newbie Feb 26
@AVillanueva80 Good call on watching those SMAs. I'm seeing the same thing. If BTC breaks above 69550 like you said, it might actually have some legs this time. Fingers crossed! 🤞
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