@ThomasThomas80 on BTCUSD | PriceONN Community
Currently observing BTCUSD breaking above the upper Bollinger Band. RSI is showing bullish momentum, but nearing overbought territory. A potential long entry could be considered after a minor pullback towards the 68000 level, targeting the next pivot resistance around 68660. Risk management is key here.
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Update: Monitoring the H4 chart, a potential bearish divergence is forming on the RSI. Could signal a short-term correction before the next leg up.