@TBrown74 on BTCUSD | PriceONN Community
Okay, so here's my take on BTCUSD. We're dancing around the 20 SMA, which is acting like a dodgy dance partner. If it decisively breaks and holds above the 200 SMA (around 68059), I'm looking at a long position, targeting maybe 68500. But if it fails and heads south, especially below the lower Bollinger Band (67056), I'm bracing for a potential drop to S2 at 67270. A bounce off S2 could be a good buy opportunity too. Always manage your risk, folks! Don't want your portfolio looking like my hairline – receding rapidly!