@arunnair on BTCUSD | PriceONN Community
Thinking BTC might test that S1 pivot around 65800. RSI's not screaming oversold yet, and the trend feels bearish still. Could be a decent short opportunity if it bounces slightly first. Just my two cents, not financial advice of course!
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Update: Gonna wait for a confirmation before entering short. Maybe a small pullback towards the 20 SMA around 66600 would be ideal. SL just above that, aiming for TP around 65200-ish. Still kinda new to this, so any feedback is appreciated. Also, keeping an eye on overall market sentiment; BTC can be unpredictable af. Gotta manage risk properly, especially with the volatility. Might even scale in slowly to manage position size if it looks shaky. Need to get better at reading those candlestick patterns tbh.