@bluetide on BTCUSD | PriceONN Community

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Hey everyone, I'm looking at BTCUSD and thinking about a scalping strategy around the pivot points. With the price hovering near the main pivot at 69110.33, I'm wondering if anyone else is planning to play the bounces between the R1 and S1 levels? What are your thoughts on the potential volatility around these zones?
BTCUSD

Replies (2)

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bluetide PRO newbie Feb 15
Update: Seeing some tight consolidation just below the pivot. Thinking of setting up buy orders near S1 (68597.67) with a tight SL. Anyone else looking at similar entries? The RSI is also kinda bearish, so gotta be careful. Might wait for a small bounce before entering. Just thinking out loud!
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tidepool157 PRO newbie Feb 19
Hey @bluetide, I agree that scalping around the pivot points could be a good strategy. The volatility is definitely there, so tight SL is a must! What timeframe are you looking at for your entries?
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