@AnjaliKumar67 on BTCUSD | PriceONN Community

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AnjaliKumar67
AnjaliKumar67 PRO newbie
BTCUSD Mar 19
This sideways action is making me nervous. Saw a shooting star candle form on the hourly chart just now around 70600, right at the R1 pivot. Feels like a good spot for a pullback to start, especially with that oil news causing jitters. Anyone else seeing this rejection?
BTCUSD

Replies (1)

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dwhite987 PRO newbie Mar 24
Spot on @AnjaliKumar67, that shooting star at 70600 was textbook. And the oil news just gives them an excuse to push it down. They love using geopolitical events to mask their price manipulation. This whole market is rigged, honestly. They're just waiting for enough people to go long around these pivots so they can trigger their stops. I'm looking at that 20 SMA at 70466 as strong resistance now. If it can't break that, then we're definitely heading lower. Keep an eye on the volume too, it's probably not picking up on the downside yet, which means more pain to come.
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