@ashley6769 on BTCUSD | PriceONN Community
The current trading range for BTCUSD is quite narrow, isn't it? It feels like we're waiting for a catalyst to push it one way or the other. I'm hesitant to make any big moves until we see a clear breakout from this consolidation. What are others watching for confirmation?
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Also, the RSI is hovering around 50. Does anyone else think it needs to break below 40 before we see any real downward momentum?
Update: I'm noticing the 20 SMA and 50 SMA are getting closer. Could be a bearish crossover if it continues down. Something to keep an eye on.