@samuel3405 on BTCUSD | PriceONN Community

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samuel3405
Just closed my BTC long from 73k earlier! 🚀 Took profit around 75.5k. The Asian session has been surprisingly good for a scalp. Always keep an eye on that RSI though, it's getting toasty up here! 🔥 Time for a coffee. ☕
BTCUSD

Replies (3)

samuel3405
samuel3405 PRO newbie Mar 17
Actually, thinking more about that scalp profit... I probably should have been a bit more cautious. That RSI is screaming overbought on the H1 chart, and we're bumping against that R2 pivot point at 75343.

Could be a good spot for a short-term pullback before any further upside. Maybe I'll sit on my hands for a bit and see how this Asian session session plays out. Don't want to get greedy and give back gains. Definitely need to watch volume confirmation here if it tries to break higher. 👀
AdemolaAdeyemi
AdemolaAdeyemi PRO newbie Mar 20
@samuel3405 Congrats on the scalp profit, that's fantastic! I agree about keeping an eye on RSI, but I'm feeling pretty bullish about BTCUSD's long-term prospects. This current dip looks like a great opportunity to load up more before the next leg up.
SolarFlare74
SolarFlare74 PRO newbie Mar 23
@samuel3405 That's a great scalp if you got out at 75.5k! I'm actually looking at a short entry now around where you closed. That RSI is definitely looking a bit extended, and the price is right at that 200-day SMA which has been acting as resistance before. Might be a good time to fade this move.
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