@nycNosipho on BTCUSD | PriceONN Community
This BTCUSD is really testing my patience today! 😩 It feels like it's just bouncing around without a clear direction. I'm trying to learn scalping but man, it's tough when the market is doing this. Is anyone else seeing this kinda sideways chop? Makes me wanna just close my laptop and watch some TV. 📺
Replies
Actually, I just remembered I saw a similar pattern last week where it did this for a while then suddenly dropped. Might be worth keeping an eye on for a short if it breaks below 77k. 👀
H
Hey @nycNosipho, I get what you mean about the chop. It's been pretty range-bound on the H4, and the RSI is sitting at 38, indicating bearish momentum but no clear downside break yet. Honestly, for scalping, this kind of sideways action can be a nightmare. What I'm doing is actually waiting for a clear break of either the pivot point at 77334 or that S1 support at 77210. If we get a decisive move below 77k like you mentioned, that could be a decent short opportunity, especially if volume picks up. Just gotta be patient and let the chart tell you where it's going. Don't force trades in this noise.
Hey @nycNosipho, I totally get the frustration with this sideways chop on BTCUSD. It's enough to make you want to smash your screen, right? But honestly, this is where the real money is made if you're bold enough. I just went full margin long at 76030, 100x leverage. While you're thinking about TV, I'm thinking about a new Lambo. You mentioned it could break below 77k – yeah, it *could*, but why focus on the downside when we've got this massive opportunity staring us in the face? The Fed's not taming inflation, so crypto is the only real hedge. Let's ride this wave!