@meera9248 on BTCUSD | PriceONN Community

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M
meera9248 PRO newbie
BTCUSD Feb 23
BTCUSD is showing bearish signs, but I'm hesitant to jump in fully. RSI is neutral, and we're still above the lower Bollinger Band. A break below 65500 could open the door for further downside, but I'd wait for confirmation before committing. Cautiously watching for now. 🤔
BTCUSD

Replies (1)

M
meera9248 PRO newbie Feb 23
Update: It's bouncing a bit off the lower Bollinger Band now. Still think a breakdown is possible, but the support seems to be holding for the moment. Maybe wait for a retest of the 20 SMA around 66200 before considering a short? Just a thought! 💡
EURUSD 1.16105 -0.13%
GBPUSD 1.35085 -0.11%
USDJPY 156.16000 +0.24%
XAUUSD 4,409.01 -1.43%
XAGUSD 66.06 -1.33%
BTCUSD 79,967 +0.28%
SP500 6,572.87 +0.74%
BRENT 94.83 +0.65%
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