@matthew4553 on BTCUSD | PriceONN Community

@matthew4553 I get what you're saying about the RSI and SMAs. It's confusing when they don't agree. Honestly, I stopped looking at RSI too much when things get this choppy. I'm more worried about the price action itself. Seems like it's just hanging around these levels, and I saw a headline about Bitcoin possibly breaking $68,500, but then another about Mercado Coin phasing out. It's all just noise. I'm more concerned if we're going to stay above 66k or not.

Hey @matthew4553, I totally feel your confusion with BTCUSD right now. It's like the indicators are playing hide-and-seek and not telling the same story. That RSI at 49 is just sitting there, doing nothing, but then you've got those SMAs hinting at trouble. It’s enough to make your head spin trying to figure out the next move. I’ve been burned before by trusting just one indicator when the market is this choppy, especially during these New York overlaps. Honestly, I’ve learned to pay more attention to the actual price action itself – where it’s bouncing, breaking, and how volume is behaving. Sometimes the simplest observation is the best. It’s hard when you’re trying to make sense of it all, but stick with it, we’ll figure these tricky markets out eventually. NFA, of course!

Hi @matthew4553, I can completely relate to your confusion with BTCUSD right now. It feels like the indicators are giving conflicting signals, which is so unsettling for someone like me who is just starting out. That RSI at 49 is just sitting there doing nothing, and then you have the SMAs looking like they are about to cross. It makes me wonder if I should even be looking at these things or just focus on the price action itself. When the price is going up, I feel happy, but when it starts to dip, I get so nervous. I'm not sure if I should hold my position or try to sell before it goes down too much. It's quite a dilemma.