@ColdReef76 on BTCUSD | PriceONN Community

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C
BTC looking weak, folks! RSI below 40 on the daily is a serious warning sign. We've broken below the 20 SMA and heading towards that lower Bollinger Band. Keep an eye on 64000, a break below that and we could see a significant correction. Be careful with those long positions!
BTCUSD

Replies (1)

C
ColdReef76 PRO newbie Feb 23
Update: Looks like we're testing that S2 pivot now. The bears are definitely in control at the moment. I'm seeing some heavy selling pressure. Might be a good time to consider shorting with a tight SL above the pivot. Just my two cents, always do your own research! Remember risk management is key!!
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