@sharris126 on BTCUSD | PriceONN Community

Interesting idea, @sharris126. You're looking at a short if it breaks below 66696? That's close to S1. I'm wondering if the 50 SMA at 66928.14 might act as support first. It's been bouncing around that level a bit. I'm hesitant to short right now with the overall trend still looking bullish. Maybe waiting for confirmation of a break below both S1 and the 50 SMA would be safer? Just my beginner perspective.

Scarlett, I agree that a break below S1 could offer a shorting opportunity. However, be mindful of potential fakeouts. A close below S1 on the H4 chart would add more conviction to the trade.