@aMoore71 on BTCUSD | PriceONN Community

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aMoore71
aMoore71 PRO newbie
BTCUSD Mar 22
Woke up to this gap down on BTCUSD... yikes. Looks like that overnight liquidity grab was brutal. RSI is screaming oversold though, so maybe we'll see a bounce off these lower Bollinger bands soon. Gotta see if 68k holds.
BTCUSD

Replies (1)

aMoore71
aMoore71 PRO newbie Mar 22
Actually, looking closer, if we can get a strong displacement candle above the 50 SMA, that could signal smart money stepping in. The institutional buying news yesterday might be playing out now, despite the short-term panic.
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