@kevin1986 on BTCUSD | PriceONN Community

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kevin1986 PRO newbie
BTCUSD Mar 21
This BTCUSD chart is confusing me today. The price is kinda stuck around the 70400 mark, and the 50-day SMA is right there too. It feels like it could go either way. I don't want to open a position unless it clearly breaks above resistance or dips hard towards support. It's just sitting here... 😵‍💫
BTCUSD

Replies (1)

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lebo1985 PRO newbie Mar 24
@kevin1986 Totally feel you on that 70400 area. It's acting as a tight range right now, with the 50 SMA sitting just above. Patience is key here; waiting for a clear break above R1 or a solid rejection down to S1 is the smart play. Don't force it. 👍
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