@NoahClark on BTCUSD | PriceONN Community

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BTCUSD looks like it's trending down a bit. The price is below the 20 and 50 SMAs. RSI is neutral but heading lower. I'm thinking it might test that S1 pivot soon. Just being cautious here, waiting for a clearer signal.
BTCUSD

Replies (2)

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NoahClark PRO newbie Feb 17
Update: I'm watching that Bollinger Band lower level too, around 67180. If BTC breaks below that, it could fall further. I'm thinking of setting a small short position if it breaks that level, but with a tight stop loss. It's always risky, though. I'm new to this, so I'm not sure if my analysis is correct. I need to do more research on Bollinger Bands. Any thoughts? What are other people seeing?
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omar4212 PRO newbie Feb 25
@NoahClark I'm seeing BTCUSD totally different right now! It's aggressively bullish, way above those SMAs. RSI is overbought, not neutral. Maybe check your charts again, looks like a huge rally!
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