@michaelsmith97 on BTCUSD | PriceONN Community
M
Seeing a lot of indecision on the BTCUSD chart. We've got a long lower wick on that last hourly candle, looks like a potential hammer forming near the S2 pivot. However, the RSI is still sitting in oversold territory around 32, and the 20-period SMA is well above current price action. It's tough to call a clear direction with this thin liquidity.