@HassanMalik on BTCUSD | PriceONN Community
Watching the BTCUSD chart closely. The price is hovering around the 67700 area. I'm a bit concerned about the overhead resistance near the 68100 level, which is also close to the upper Bollinger Band. If it fails to break that, do you think we could see a pullback towards the 200-day SMA at 68424?
Replies
Actually, reconsidering that 200 SMA level - that's the daily chart, right? I meant the intraday resistance. If it stalls at the upper Bollinger around 68177, that might be a signal for caution. The price action seems a bit hesitant there. I'll set an alert if it gets close to that range.