@pooja1898 on BTCUSD | PriceONN Community
Feeling good about BTC right now! Despite the small dip, it looks like a good buying opportunity. Let's see if it can break through resistance soon!
Replies
And the RSI is still looking good! Not overbought at all. This could be the start of a nice little run! I'm thinking of adding to my position. Just need to watch the volume, don't want to get caught in a liquidity grab. Let's go BTC!
W
Hey @pooja1898, i think you're right about the buying opp. But i'm a little cautious still. The market is very volatile right now. That banking group lawsuit could cause a dip. I'd keep an eye on that 70342 level (S2). If it breaks below that, things could get messy. Maybe wait for a stronger confirmation before adding to your position? Just my 2 cents sha. Be careful out there
W
@pooja1898 While I admire your enthusiasm, I would exercise caution. The market is currently range-bound, and the RSI, while not overbought, could easily reverse. It's important to have a solid risk management strategy in place.