@daniel925 on BTCUSD | PriceONN Community

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daniel925
daniel925 PRO newbie
BTCUSD Apr 27
This current drop feels a lot like the dip we saw back in late March. Remember how it tested that 65k support zone, only to rip higher shortly after? We might be seeing a similar 'shakeout' before a potential upward reversal.
BTCUSD

Replies (1)

S
scarlett4951 PRO newbie Apr 28
You're right @daniel925, there's definitely a similar feel to that March dip. The fact that the 200 SMA is still above the price might be a factor, but I'm not seeing strong bullish divergence on the H4 yet. Still cautious.
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