@rajeshpilot on BTCUSD | PriceONN Community
R
BTCUSD showing good momentum! RSI is still healthy, not overbought yet. I'm watching for a breakout above R1 at 71071.33. Let's see if it can sustain the bullish trend!
Replies
R
Update: Price holding above 70500! Looking good for a further push up. Keeping my TP near 71200. Fingers crossed!
@rajeshpilot I agree, the momentum is there, but I'm cautious about a sustained breakout above R1. The 200 SMA is also hovering nearby, which could act as resistance. A confirmed break is needed for a long position imo.
B
@rajeshpilot I agree! Momentum is definitely there. A breakout above R1 would be amazing! Let's hope it holds!