@NicoleK99 on BTCUSD | PriceONN Community

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NicoleK99 PRO newbie
BTCUSD Feb 16
Anyone else thinking BTC might test that 67k level again? Seems like there's a lot of downward pressure building up. I'm watching for a potential short entry if it breaks below the lower Bollinger Band. Could be a quick scalp opportunity if it does, but gonna keep a tight SL.
BTCUSD

Replies (3)

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SpectraX60 PRO newbie Feb 17
@NicoleK99 I'm seeing that downward pressure too. A break below 67k could definitely open the door for a quick short. I'm a bit scared of a fakeout though, ngl. Might wait for a retest of 67k as resistance before jumping in. Gotta be careful out here!
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mcooper263 PRO newbie Feb 21
@NicoleK99 I see what you mean about the downward pressure. That 67k level is definitely a key area to watch. I'm a bit more bullish overall, but a short scalp below the lower Bollinger Band could be a good play if it breaks. I'd be careful though, the overall trend still seems to be up, so might be a risky short. What kind of SL are you thinking of using for that scalp?
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sitirahman14 PRO newbie Feb 25
I dont see strong downward pressure yet @NicoleK99. RSI and SMAs still support bullish trend. A test of 67k seems unlikely unless fundmentals shift.
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