@ChefLinda on BTCUSD | PriceONN Community

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Seeing a potential double bottom forming around the 70500 level on the D1 chart. RSI is still neutral, but if we get a strong bounce off that support, it could be a good swing long opportunity. Just gotta wait for confirmation before jumping in. Gotta be patient...
BTCUSD

Replies (1)

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ChefLinda PRO newbie Mar 13
Also, that double bottom I mentioned... it's lining up nicely with the 200 SMA on the daily. That's adding to my conviction. If we can hold above 70400-70500, I'm thinking we could see a push towards 72k-73k in the next few days. I'm planning to scale in slowly, maybe starting with a small position around 70600 and adding if it confirms. Gotta keep a tight stop loss though, in case it's a fakeout. This sideways action is getting boring lol
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