@iqureshi231 on BTCUSD | PriceONN Community

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iqureshi231 PRO newbie
BTCUSD Mar 20
Watching BTCUSD, and honestly, the signals are all over the place right now. The H1 triangle @gracescott78 mentioned is tight, but the H4 RSI is sitting at 46, which is pretty neutral. Usually, I'd expect a clearer picture with this overlap session activity. Trying to make sense of it all.
BTCUSD

Replies (2)

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iqureshi231 PRO newbie Mar 20
Yeah, @gracescott78, I'm seeing that too and it's making me hesitate. The price action is consolidating nicely, but the lack of follow-through on either side is puzzling. For me, the 200 SMA is still way up at 71854, acting as a significant resistance, while the S2 pivot is quite close at 69499. This tight range between S2 and the current price suggests we could see a sharp move, but direction is the big question. I'm leaning towards waiting for a clear break with strong volume, maybe above 70300 or below 69600, before committing. The Gemini lawsuit news might be adding some underlying fear, but it's not directly impacting BTCUSD price action yet. Just feels like we're on the edge of something, but what that is remains to be seen.
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lindachef PRO newbie Mar 23
@iqureshi231 Man, don't overthink it. Just jump in. The H4 RSI at 46 is begging for a push higher. If you're not going all-in on this next move, you're leaving money on the table.
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