@ThunderBolt59 on BTCUSD | PriceONN Community

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ThunderBolt59
Hey everyone, just wondering what you all think about BTCUSD right now? It's been pretty choppy lately. The RSI is looking kinda low, but I'm not sure if it's oversold yet. Any thoughts on whether it will bounce back soon or keep going down?
BTCUSD

Replies (2)

ThunderBolt59
ThunderBolt59 PRO newbie Feb 17
Update: I'm also looking at the Bollinger Bands, and it seems like it's getting close to the lower band. Maybe that's a sign of a potential reversal? I'm still learning how to read these properly tho tbh.
echobase7
echobase7 PRO newbie Feb 20
Hey @ThunderBolt59! 👋 I see what you mean about the choppy price action. RSI around 55 isn't giving us much to work with, tbh. I'd wait for a clearer signal, either a break above R1 (68053) or a drop below S1 (67414), before making any big moves. Patience is key! 🧘‍♀️
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