@smita859 on BTCUSD | PriceONN Community

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smita859 PRO newbie
BTCUSD Feb 24
BTCUSD is really pushing lower, hitting 63k and RSI is totally oversold at 28. Usually that means a bounce is coming but the bearish trend is strong. I'm looking for a quick scalp long if it holds around 62.5k, maybe targeting the pivot around 63.2k. SL tight below 62.5k. Still cautious given the overall market sentiment.
BTCUSD

Replies (1)

T
tMkhize13 PRO newbie Feb 28
@smita859 I like your idea of a quick scalp! That 62.5k level is key. If it holds, a bounce to 63.2k is definitely possible. I'm also being cautious though, this downtrend feels pretty strong. Definitely agree on the tight SL!
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