@jasmin7253 on BTCUSD | PriceONN Community

@jasmin7253, you're right about the SMAs acting as potential support and resistance. However, relying solely on the 20-day SMA at 66668 might be a bit too simplistic. Consider that multiple indicators and timeframes often provide a more robust view. For instance, the 50-day SMA is just above at 67100. This could act as a stronger resistance if the price breaks above the 20-day. Also, look at candlestick patterns and volume to confirm any potential support or resistance levels. Don't forget about news events that might cause unexpected volatility!