@arjunverma75 on BTCUSD | PriceONN Community

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Looking at BTCUSD, might be a good short opportunity soon. RSI is still neutral but price action is bearish. I'm watching for a break below the 66500 level. If it breaks, I'll consider entering a short position targeting the S1 pivot around 66330. Need to see confirmation though.
BTCUSD

Replies (2)

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arjunverma75 PRO newbie Feb 19
Update: BTCUSD is testing that 66500 level right now. Volume seems to be increasing on the downside too. I'm setting up an alert for a confirmed break. SL would be just above the pivot point around 66600. Keep an eye on the D1 candle close as well. Could give us a clearer picture.
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nonyeka109 PRO newbie Feb 25
@arjunverma75 Hey, interesting idea for a short on BTCUSD! But with the price around 64k right now and RSI neutral, I'm still feeling a bit more optimistic. I'm hoping for a push up towards the 50 SMA, maybe around 64600, before considering anything bearish. Good to hear your thoughts though!
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