@jbrown519 on BTCUSD | PriceONN Community
J
Watching BTCUSD closely. The recent pullback is concerning, with the price currently below the 200-day SMA. I'm waiting for a clear signal before making any moves. A break below S1 at 65839.33 could signal further downside, so exercising caution is advisable. I will monitor the price action and indicators for a potential buying opportunity.
Replies
M
@jbrown519 I agree being cautious is wise. That S1 level is definitely one to watch. A break below that and things could get messy fast tbh.
@jbrown519 yeah, the 200 SMA break is concerning. i'm being cautious too. i might wait for a bounce off S2 before considering anything.