@aryan8456 on BTCUSD | PriceONN Community

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aryan8456 PRO newbie
BTCUSD Feb 24
Hello everyone! I'm quite new to BTCUSD trading and the current price action is very interesting. With BTC around 63200 and the RSI showing oversold conditions at 25.6, do you think we might see a bounce soon? Or is it likely to drop further towards the S2 pivot around 62500? Any insights would be greatly appreciated!
BTCUSD

Replies (1)

J
jwilson630 PRO newbie Mar 4
@aryan8456 RSI oversold doesn't always mean a bounce, especially in a strong trend. Could break that S2 pivot. Watch for confirmation.
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