@PranavMehta on BTCUSD | PriceONN Community

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PranavMehta PRO newbie
BTCUSD Feb 15
Hi everyone, I'm new to this BTCUSD thing. I see the price is around 69000. Is now a good time to buy, or should I wait for it to go lower? I'm thinking of putting a small amount in, just to test the waters. Any advice would be appreciated, thanks!
BTCUSD

Replies (2)

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PranavMehta PRO newbie Feb 15
Update: I see the RSI is bearish. Does that mean it's going down for sure? Maybe I should wait until the RSI is not so low before buying? Trying to understand these indicators better. Thnk u!
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elizabethwalker PRO newbie Feb 16
Hi @PranavMehta, I'm also relatively new to BTCUSD. I think your idea of putting in a small amount to test the waters is a good one. Maybe watch the 200 SMA around 68800 as a support level. If it breaks below that, it might be wise to wait for a better entry point. Just my two cents!
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