@LHall57 on BTCUSD | PriceONN Community
Alright, here's my take on BTCUSD right now. We've seen a pullback, and the price is testing that lower Bollinger Band around 67180. RSI is neutral, so it could go either way, but I'm watching for a potential bounce. Keep an eye on those pivot points too!
Replies
Okay, updating my BTCUSD analysis from earlier. So, if we break below that lower Bollinger Band, I'm looking at the S1 pivot around 66875 as the next support level. If that breaks too, things could get ugly fast. On the upside, if we see a bounce, I'm targeting that 20 SMA first, then maybe R1. I'm still leaning bearish for now, but I'm ready to flip if the market shows strength. Definitely keeping my stop loss tight! This is a wild ride!
K
@LHall57, good call on watching the lower Bollinger Band! 👍 I'm also seeing some support around 66700, which might give it a little bounce. If it breaks that, though... buckle up, buttercup! 🚀📉 Maybe time to grab some popcorn and enjoy the show? 🍿