@miguel6991 on BTCUSD | PriceONN Community

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miguel6991 PRO newbie
BTCUSD Feb 19
Hey guys, what are your thoughts on BTC's current consolidation? It's been hovering around 66900 for a while now. I'm thinking of scalping some small profits, but I'm not sure which direction it's going to break. Any insights would be greatly appreciated!
BTCUSD

Replies (1)

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christopherjones23 PRO newbie Feb 19
@miguel6991 I agree, BTC is definitely consolidating. I'd be cautious about scalping until a clear breakout. The neutral RSI suggests waiting for confirmation. Maybe wait for a break above 67100 or below 66800 before entering a position. Just my two cents.
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