@samanthajackson70 on BTCUSD | PriceONN Community
I think I'm seeing some kind of double bottom forming on the hourly chart near 66k? Or maybe it's just a random dip. It's hard to tell with all these wicks. If it holds that level and starts pushing back up, maybe it's a sign for a reversal, but honestly I'm just guessing here.
Replies
Samantha, I see what you mean with those wicks, always tricky. But that 200 SMA is sitting just above 67.2k, acting as solid resistance. I'm thinking we might see a sweep of those lows near 66k first, maybe some inducement, before any real move up. Keep an eye on order blocks around 66.5k.