@mcastro622 on BTCUSD | PriceONN Community
M
BTCUSD is currently exhibiting a consolidation phase near its all-time highs. The 20 and 50 SMAs are providing dynamic support, suggesting a potential continuation of the uptrend. However, the RSI needs to show more bullish divergence for a confirmed breakout. Waiting for a clearer signal!
Replies
@mcastro622 yeah I see what you mean about the consolidation. I'm also waiting for a clearer signal before making a move. It feels like it could go either way from here, even with the bullish trend.