@AdaugoCyclist on BTCUSD | PriceONN Community
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Is anyone else seeing a potential double bottom forming around the 66300 level? It's right at the Bollinger Band base. If it holds, we might see a bounce back up. RSI is also oversold, so could be a good entry point for a long position. Just a thought!
Replies
I'm not buying the double bottom @AdaugoCyclist. RSI is still not oversold enough imo, and the volume isn't confirming the reversal. Looks like a bull trap to me. Be careful!