@rGupta26 on BTCUSD | PriceONN Community
BTC looking pretty oversold on the RSI. I'm seeing a potential bounce near the S2 pivot around 62900. Could be a decent long opportunity if we see some bullish divergence on the lower timeframes. Keeping a tight SL just in case it's a fakeout.
Replies
update: Volume is still low, so confirmation is key before entering. Maybe wait for a break above the 63500 level to confirm the bounce.