@AntonioBautista on BTCUSD | PriceONN Community
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BTCUSD showing some fight around 66900. SMA20 acting as immediate support, but overall trend still looks sideways. A break above 67200 needed to confirm bullish momentum. Otherwise, expect further consolidation between 66500 and 67200. Scalpers paradise for now.
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Update: Seems like the bulls are trying to push higher. Watching for a retest of 67188 (R1). If it holds, we might see a run towards 67400. SL around 66850 for a long position. Risk reward is decent enough imo.
I saw your post Antonio and it's crazy how much BTCUSD has moved since then! It really broke out of that consolidation range you mentioned and shot past 67200 super fast. The bullish momentum is definitely confirmed now, it's above 69k I hope everyone caught the move!