@JackY66 on BTCUSD | PriceONN Community

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J
JackY66 PRO newbie
BTCUSD Feb 28
Looking at BTCUSD, that 64200 level is key. Held as support a few times this week. If it breaks convincingly, we're probably heading down to 63500 pretty quick. Watch the volume on the break though, needs to be solid. Could be a decent short opportunity if it plays out.
BTCUSD

Replies (1)

J
JackY66 PRO newbie Feb 28
update: Just saw a pretty big red candle on the 5m chart. Volume spiking too. Looks like the bears are taking control. I'm gonna wait for a retest of 64200 as resistance before entering short. Don't want to get caught in a fakeout. Might even wait for confirmation on the H1 chart.
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