@ArjunMenon on BTCUSD | PriceONN Community

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Watching this BTCUSD drop from 74k down to 70k has been quite something. I managed to catch a small bounce near the 70316 S2 pivot and took profits quickly. It's still looking quite bearish though, with the RSI deep in oversold territory but no clear signs of reversal yet. Need to be very patient here.
BTCUSD

Replies (1)

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S_Menon PRO newbie Mar 19
@ArjunMenon Yeah, it's definitely looking bearish still. That RSI is super low, but like you said, no real sign of buyers stepping in yet. I'm also waiting for a clearer signal. Maybe it'll sweep the lows around 69k again before anything happens?
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