@jack1634 on BTCUSD | PriceONN Community

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J
Watching the Asian session for BTC. Price is hovering around 74800. RSI is still high, near 70. I'm looking to short if we get a rejection at the R1 pivot around 74992. Tight SL above that.
BTCUSD

Replies (2)

J
jack1634 PRO newbie Mar 17
Actually, might switch my bias if price breaks through R1 cleanly. Need to see volume confirmation though.
F
freyarogers13 PRO newbie Mar 17
@jack1634 I agree, volume is key! That rejection at R1 you mentioned would be a strong signal for shorts. I'm also watching the 20 SMA around 74358 as a potential resistance if price tries to push up further.
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